Exclusive: Update On WWE Selling To Saudi Investment Fund

We have an update on the recent WWE deal, which would have the company sell to Saudi Arabia.

Earlier, we reported that WWE has sold to the Saudi Investment Fund. In an update, sources have told me that “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.”

Update, here is what I’ve put together so far:

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.

— Cassidy Haynes of Bodyslam.net (@Casshooole) January 11, 2023

Steve Muehlhausen of DAZN has also reported that Saudi has purchased World Wrestling Entertainment.

Sources: #WWE has been sold to
Saudi Arabia’s Public Investment Fund. The company will go back to being private. Unknown if Vince McMahon will return to head of creative but it is expected by some people.

— Steven Muehlhausen (@SMuehlhausenJr) January 11, 2023

We will continue to provide updates on this story.

Be sure to check back with Bodyslam.net for all your wrestling news.

If you enjoy Bodyslam’s content, you can help donate to the site here. You can also visit our PWTees store and buy Bodyslam official merchandise here.

You can listen to all of Bodyslam’s podcasts by following us on Spotify and subscribing to our YouTube Channel,  or any of your favorite podcast platforms.