WWE

The world of professional wrestling has had its fair share of larger-than-life characters, but perhaps none were more polarizing than The Ultimate Warrior.

In his speech, while thankful to everyone in the company, Warrior made one last jab at The Self-Destruction of the Ultimate Warrior which evidently caused him distress. While it is comforting to know that they have made amends before Warrior's passing, one must ask, what is now the significance of The Self-Destruction of the Ultimate Warrior? The Self-Destruction of the Ultimate Warrior goes on to critique and dissect Warrior from the inside out, and the next thing to target was his promos. When Warrior declined the offer, it resulted in The Self-Destruction of the Ultimate Warrior, a feature that was more of a character assassination than a tribute to a storied individual. The WWE chairman is described in the best of terms, with him offering second chances even to the most undeserving individuals, holding a responsibility to the audience to deliver, and that he did what was best for the company. In one of the most famous backstage wrestling stories of the company's history, Warrior figuratively held a gun to McMahon's head in the middle of Summerslam 1991 by refusing to go out and wrestle in the main event unless Vince paid him a huge sum of money.

World Wrestling Entertainment is reportedly being sold to Saudi Arabia's Public Investment Fund by Vince McMahon.

As a result of that report, McMahon stepped back from his role as chief executive officer of WWE while the board continued its investigation. “WWE is entering a critical juncture in its history with the upcoming media rights negotiations coinciding with increased industry-wide demand for quality content and live events and with more companies seeking to own the intellectual property on their platforms,” said McMahon last week. McMahon, who owns controlling shares of the company, is said to have sold the company to Saudi Arabia in a move that will take the company off the public stock market and back to being a private business per DAZN pro wrestling reporter Steven Muehlhausen.

STAMFORD, Conn., January 10, 2023– WWE (NYSE: WWE) today announced that its Board of Directors unanimously elected Vince McMahon Executive Chairman of the ...

These forward-looking statements are subject to uncertainties relating to, without limitation, the results of these actions, as well as possible future actions noted below, of Vince McMahon; the appointment of Stephanie McMahon and Nick Khan as co-Chief Executive Officers; regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters; our ability to remediate material weaknesses in our disclosure controls and procedures and our internal control over financial reporting; and reputational harm to the Company’s relationships with its stockholders, customers, talent and partners, which may have adverse financial and operational impacts, among other factors. McMahon could exercise ultimate control over our affairs, and his interests may conflict with the holders of our Class A common stock; our share repurchase program; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the volatility of our Class A common stock. Forward looking statements include statements regarding, our outlook for future financial results, the impact of recent management changes, the scope, duration and findings of the investigation being conducted by the special committee of independent members of our Board of Directors; our plans to remediate identified material weaknesses in our disclosure control and procedures and our internal control over financial reporting, and regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. All other trademarks, logos and copyrights are the property of their respective owners. “I’m grateful to Vince McMahon and our Board of Directors for their ongoing support. Forward-Looking Statements: This press release contains, and oral statements made from time to time by our representatives may contain, forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Nick’s business acumen and mastery of the media industry have helped catapult our business to record revenue and profitability. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media, and publishing platforms. Stephanie has always been the ultimate ambassador for our company, and her decades of contributions have left an immeasurable impact on our brand.

Days after her father, Vince McMahon, ended his retirement and returned as executive chair of the WWE board, Stephanie McMahon has resigned from the company ...

I had the privilege to return as co-CEO and chairwoman of the board of WWE. "About eight months ago, I took a leave of absence and within a few weeks, unexpectedly had the opportunity of a lifetime. Days after her father, Vince McMahon, ended his retirement and returned as executive chair of the WWE board, Stephanie McMahon has resigned from the company.

New reports are claiming that WWE has completed a deal with Saudi Arabia to sell the wrestling company.

However, as this is clearly a developing situation and not yet confirmed, we’ll be sure to keep you updated as more information is revealed regarding the company’s imminent sale. But hey, you guys wanna know what all of the dark Twitter tweets are about.” The WWE – short for World Wrestling Entertainment – has been home to some of the biggest moments in all of sports entertainment. However, other WWE reporters such as Daze Meltzer and Sean Ross Sapp, are yet to confirm if the deal has been officially made. The Fighful Select reporter then doubled down on his lack of confirmation in a follow-up tweet. “For what it’s worth, I’m told the Saudi deal is done and they’re taking the company private.”

Vince McMahon said last week that the only way for WWE to fully capitalize on growing demand for content and live entertainment was for him to return as ...

[Vince McMahon returns to WWE after misconduct investigation](https://globalnews.ca/news/9392966/vince-mcmahon-returns-wwe/) [WWE](https://globalnews.ca/tag/wwe) CEO, the entertainment firm added. [Vince McMahon](https://globalnews.ca/tag/vince-mcmahon) as the executive chairman of the board on Tuesday, the company said, adding that co-chief executive officer and chairwoman [Stephanie McMahon](https://globalnews.ca/tag/stephanie-mcmahon) resigned from her role.

After months of speculation, there has been several reports that the WWE has been sold to the Saudi Arabia Public Investment Fund.

McMahon "retired" and control of the Television product went to his son-in-law Paul "Triple H" Levesque, which resulted in a better TV product and higher ratings. Rumors are swirling that the purchase will result in the WWE no longer being a publicly traded company, going private and giving Vince McMahon control. After months of speculation, there has been several reports that the WWE has been sold to the Saudi Arabia Public Investment Fund.

Rumors of WWE allegedly selling to the Saudis have taken over wrestling Twitter, and fans are sounding off on the possibility.

[to the product](https://www.cinemablend.com/wrestling/following-vince-mcmahons-wwe-retirement-rumors-point-to-various-ways-former-ceo-caused-struggles-for-creative-team) and [the roster](https://www.cinemablend.com/wrestling/wwes-bray-wyatt-briefly-broke-character-to-explain-why-he-came-back) proved popular with fans, but about a month ago, rumors started swirling that Vince McMahon was [planning to return](https://www.cinemablend.com/wrestling/as-more-vince-mcmahon-lawsuits-surface-reports-claim-wwe-owner-has-voiced-intentions-to-return). [A lot](https://twitter.com/TheRajGiri/status/1613022928810950656). [is going around](https://twitter.com/SeanRossSapp/status/1612998018013224963). Stephanie [resigned earlier today](https://twitter.com/StephMcMahon/status/1612956533695938560) and then the rumors about Saudi Arabia started swirling, none of which have been verified as of press time. What would that mean for the women's division? They're simply saying the rumor that WWE was sold to Saudi Arabia He picked on and injured children. They feel like WWE was finally getting into a good place, and now its future is entirely uncertain. He tormented his wife and children. Absolutely nothing is confirmed as of the time I'm writing this article. The last year has been unlike anything I have ever experienced as a wrestling fan, and yet, today may have been the wildest day yet. Now, rumors are swirling that WWE is about to be sold and even more shockingly, sold to Saudi Arabia.

Four days after her disgraced father returned to WWE's board, the wrestling company's co-CEO and chairwoman Stephanie McMahon resigned from the company.

Following his departure, WWE disclosed multiple expenses that Vince McMahon hadn’t previously reported, totaling $19.6 million. “I’d like to express my full support for Stephanie’s personal decision,” he said in the release. Vince McMahon retired as CEO in July 2022, but remains the company’s majority shareholder.

Co-CEO and chairwoman of the board Stephanie McMahon resigned from World Wrestling Entertainment just days after her father, Vince McMahon, returned to the ...

Nick’s business acumen and mastery of the media industry have helped catapult our business to record revenue and profitability. I had the privilege to return as the Co-CEO and Chairwoman of the Board of WWE. “About 8 months ago, I took a leave of absence and within a few weeks, unexpectedly had the opportunity of a lifetime.

After the tumultuous events of January 10th, conflicting reports have emerged as to whether WWE has already been sold to the Saudi 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. I’m sure WWE will need to say something sooner or later.” Unknown if Vince McMahon will return to head of creative but it is expected by some people.” Her decision comes mere days after her father Vince McMahon was reinstated to the WWE Board of Directors, and immediately after her announcement, the company issued a press release stating that Vince had been [unanimously elected](https://tjrwrestling.net/news/vince-mcmahon-wwe-executive-chairman/) Executive Chairman of the Board. But hey, you guys wanna know what all of the dark twitter tweets are about.

World Wrestling Entertainment Inc.'s chairwoman and co-chief executive officer, Stephanie McMahon, has resigned from the company after her father's return ...

After serving as co-CEO and chairwoman of WWE for the last six months, Stephanie McMahon.

"WWE is in such a strong position, that I have decided to return to my leave and take it one step further with my official resignation. She expressed confidence in the direction of the company under Khan and chief content officer Paul "Triple H" Leveque, who is her husband. "I am confident WWE is in the perfect place to provide unparalleled creative content and drive maximum value for shareholders," she said. In the Vince McMahon has also officially been voted as executive chairman of the board: It was eventually found that he had up to $19.6 million in unreported expenses.

Vince McMahon, just back from exile, may have already pawned off his empire to a brutal government looking to sportswash its evils.

Whether the product is that much better is in the eye of the beholder). It’s also hard to fathom, if this is true, that Vince would ever come armed with a deal that didn’t reinstall him as the overlord of the TV product. Same goes for the women’s roster, some of whom have performed on Saudi shows in the past, but full-blown Saudi ownership is a different kettle of fish. Given the speed of all this news, if it does turns out to be a sale to Saudi Arabia, it’s hard to believe that Vince didn’t have this in his pocket before he ever sent that letter to the WWE board informing them that he was breaking down the door. [LIV Golf](https://deadspin.com/another-day-another-unhinged-liv-press-conference-1849125459), the Saudi-owned upstart meant to upend the PGA Tour, [couldn’t find a US outlet](https://deadspin.com/liv-golf-may-have-found-err-paid-for-a-broadcast-part-1849593528) because no network wanted to be associated with the Saudi PIF. And, if all this happens, Vince has ripped his company away from his daughter (and probably his son-in-law) to sell it to a murderous and oppressive regime. McMahon, as the majority shareholder, reportedly [threatened to roadblock](https://deadspin.com/vince-mcmahon-is-back-at-wwe-pro-wrestling-1849957815) any sale or new TV deal unless he was reinstated to the board. (Both of the company’s TV deals — SmackDown on Fox and Raw on NBC’s USA Network — are up in just over a year and a half and negotiations will start much sooner than that.) As we said, a lot of dots to connect. McMahon, who returned from a leave of absence last year and rode in to the rescue for WWE, jumping in as co-CEO after her father had been pushed to retire, has definitely quit the company entirely. Earlier this week, when McMahon abruptly returned (in a hostile fashion, many would say) to engineer a sale of the company, Combine that with [WWE running shows in Saudi Arabia](https://deadspin.com/what-is-wwe-doing-in-saudi-arabia-1825506325) — despite all the flashing, blaring reasons to not do so — made the connection relatively easy for anyone who wanted to connect the dots. Rumors of a sale of the company have been louder, though, since

In the rvialry between WWE and UFC, Vince McMahon is poised to come out on top as expectations of a sale rise with his return to the company.

Media analysts at LightShed suggested in a 2023 outlook that Amazon may be very interested in adding WWE events to its slate of live programming. Plus, in the stock market, acquisitions tend to come at a 28% premium to a company’s stock price. Whoever the buyer, at the average price premium, Vince McMahon would find his 28.7 million shares worth $3.2 billion, putting his total wealth close to $4 billion, based on data from Forbes. That means any purchase of WWE is going to be result in lots of cash flowing to shareholders’ wallets. Founded in 1993 and not even half the age of WWE, UFC is now about even on two major metrics: social media followers (WWE 60.4 million; UFC 59.5 million) and revenue (for 2021: WWE $974 million; UFC roughly $1 billion*). The reason ties back to a common theme in sports and entertainment these days: WWE’s control of its media rights and intellectual property. [off the mark](https://www.sportico.com/personalities/executives/2023/vince-mcmahon-jumps-back-into-ring-1234700409/). Assuming the same for WWE, a 28% premium would put shares at $113. Endeavor’s heavy debt load—already a weight on the stock—is one reason the chatter that Endeavor wants to buy WWE probably won’t amount to anything. Enterprise value, which is the market cap plus debt, minus cash on hand, is probably a better reflection of a business’ true worth. And in recent years, UFC has seemed to run neck-and-neck with WWE for the title of the world’s favorite ringed event (sorry, Barnum and boxing). McMahon can offer all this in what may well be the golden age of media rights, with bidding sure to be influenced by the needs of traditional broadcasters eager to clutch whatever viewers they can as well as streaming behemoths looking to establish themselves with consumers.

Her decision comes mere days after her father Vince McMahon was reinstated to the WWE Board of Directors, and immediately after her announcement, the company ...

Her decision comes mere days after her father Vince McMahon was reinstated to the WWE Board of Directors, and immediately after her announcement, the company issued a press release stating that Vince had been [unanimously elected](https://tjrwrestling.net/news/vince-mcmahon-wwe-executive-chairman/) Executive Chairman of the Board. The PIF is the sovereign wealth fund of Saudi Arabia which helped fund the takeover of Newcastle United Football Club in England as well as start the controversial LIV Golf organisation. Regardless of the alleged sale, it is also noted in the report that there is an “incredible amount of concern” in the company due to the resurgence of Vince McMahon in the company.

Vince McMahon was 'unanimously elected' as executive chairman of the WWE board Tuesday, following the resignation of his daughter Stephanie McMahon.

"My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder." "I'll forever be grateful that she offered to step in during my absence and I'm truly proud of the job she did co-leading WWE," he continued. "I had the privilege to return as the Co-CEO and Chairwoman of the Board of WWE. And I am grateful to all of our partners," added Stephanie. She married WWE star "Our Founder, Vince McMahon, has returned as Executive Chair and is leading an exciting process regarding strategic alternatives," added Stephanie. "I will always remain dedicated to WWE. [return as Executive Chairman](https://corporate.wwe.com/investors/news/press-releases/2022/07-22-2022-210511643) and support the management team in the negotiations for our media rights and to combine that with a review of strategic alternatives," he added. I truly love our company, our employees, our Superstars, and our fans. Together." "Thank you for everything. [Vince McMahon](https://people.com/sports/everything-to-know-about-vince-mcmahon-xfl-relaunching-this-weekend/), 77, will serve as executive chairman of the WWE board, having been " [unanimously elected](https://corporate.wwe.com/investors/news/press-releases/2023/01-10-2023-235206986)" after her announcement the company stated in a release.