WWE has not been bought to Saudi Arabia’s Public Investment Fund … this in accordance to sources acquainted with the state of affairs.
TMZ Sports is instructed … a deal has not been made between the 2 sides, regardless of widespread rumors saying in any other case.
The reviews began to flow into Tuesday night time … claiming Vince McMahon secured a large payday for handing over the corporate reins to Saudi Arabia, which might take the WWE personal as soon as once more.
The hypothesis got here simply days after Vince McMahon introduced himself again on to the group’s board of administrators … with the intent to assist with TV deal negotiations and discover a possible sale of the corporate.
Hours earlier than the reported Saudi Arabia deal, Vince’s daughter, Stephanie, introduced her departure from WWE … giving up her function as Co-CEO.
A sale to Saudi Arabia would definitely trigger backlash with WWE followers … particularly contemplating the nation’s historical past of human rights violations.
The promotion even confronted criticism for inking a 10-year cope with SA in 2018.
Things can all the time change … however as of proper now, we’re instructed reviews of a deal being set in stone are merely not true.