WWE News

Rumors Of WWE – Saudi Arabia Sale Are “Completely False”

WWE Logo Article Pic 6 WrestleFeed App

• Rumors Of WWE – Saudi Arabia Sale Are “Completely False”

It has been known for quite a few days now that Vince McMahon is looking to sell WWE and there’s a rumor going on that WWE has been sold to the Saudi Arabia Public Investment Fund.

Cassidy Haynes of Bodyslam reports:

“For what it’s worth, I’m told the Saudi deal is done and they’re taking the company private.”

Cassidy later reported the following:

“The deal isn’t completely finalized because WWE must provide notice to shareholders & other parties.

There are legalities to go through, as the company is publicly traded. But, again, I’m told a deal has been agreed to in principle.”

In updates from this morning, Jon Alba reports that the Saudi Arabia rumors are false:

“Well, finally got something much more firm.

A high-ranking WWE source with knowledge of the situation tells me reports of a sale or agreement to sell at this moment are ‘completely false’.”

Ariel Helwani also reported the same:

“Contrary to reports stating otherwise last night, there is no deal in place at this precise moment for WWE to be sold to Saudi Arabia’s Public Investment Fund or any entity, sources say.

The organization is still exploring all options, I’m told. Developing.

Worth noting that the original tweet stating it was a done deal has since been deleted.”

Brandon Thurston added:

“I asked someone at WWE, who would know, who said the story that took hold of Twitter last night, about WWE and Saudi Arabia being near a deal to take the company private, is untrue.”

WATCH: WWE Interviewer Cathy Kelley’s Buns Exposed While Playing Golf:

• ON THIS DAY IN WWF HISTORY (January 11, 1993) – WWF Monday Night RAW *DEBUT EPISODE*

On this day in 1993, the World Wrestling Federation aired an episode of their weekly TV show ‘WWF Monday Night RAW’.

It aired LIVE from the Manhattan Center in New York City, New York and featured matches, interviews & storyline segments on the road to the ‘WWF Royal Rumble 1993’ PPV.

Here’s the card:

Yokozuna vs. Koko B. Ware

The Steiner Brothers vs. The Executioners

Intercontinental Championship – Shawn Michaels vs. Max Moon

The Undertaker vs. Damian Demento

To Top