WWE sold

VINCE McMAHON has sold the WWE to Newcastle's Saudi Arabian owners and is expected to return as head of creative, sensational reports say.The American.

[Triple H](https://www.the-sun.com/who/triple-h/) is expected to continue his role as Chief Content Officer, with Nick Khan serving as WWE CEO. [McMahon](https://www.the-sun.com/who/vince-mcmahon/) could be expected to return as head of creative. [unpopular owner Mike Ashley in a £300MILLION deal.](https://www.the-sun.com/sport/football/premier-league/3812263/newcastle-takeover-completed-official-ashley-out-saudi/) [to help facilitate a sale of the WWE.](https://www.the-sun.com/sport/7066845/vince-mcmahon-return-wwe-sell-company-retired-sexual-harassment/) [DAZN](https://twitter.com/SMuehlhausenJr/status/1613014122517655552), the WWE has been sold to Saudi Arabia’s Public Investment Fund, which also owns Premier League side Newcastle. VINCE McMAHON has sold the WWE to Newcastle's Saudi Arabian owners and is expected to return as head of creative, sensational reports say.

World Wrestling Entertainment Inc. (WWE) has been sold to the Saudi Arabia Public Investment Fund, according to a tweet by DAZN journalist Steve Muehlhausen ...

Year-to-date, it has already [ climbed by 31.6%](https://www.tipranks.com/stocks/wwe/stock-analysis). [WWE’s stock](https://www.tipranks.com/stocks/wwe/forecast) price has risen more than 7% in pre-market trading. Muehlhausen tweeted late last night that the WWE had been sold and would return to being a private company.

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.

Did Vince McMahon sell the WWE? Some reporters are saying there's a deal in place for the professional wrestling company to have a new owner.

He was right, but it’s shaping up to be an incredibly interesting Wednesday for professional wrestling fans across the world. That boiled over late Tuesday night with DAZN’s Steven Muehlhausen reporting that the WWE has sold to the Saudi Arabia Public Investment Fund. McMahon reportedly returned to sell the company that he has spent most of his life building, and has already been able to be elected vice chairman.

Rumours are mounting that WWE, the wrestling entertainment juggernaut, has been sold to Saudi Arabia. In a time of great upheaval for the company, ...

Nick’s business acumen and mastery of the media industry have helped catapult our business to record revenue and profitability. Stephanie has always been the ultimate ambassador for our company, and her decades of contributions have left an immeasurable impact on our brand. Vince McMahon’s return was widely reported to have been done in order to prepare the company for sale, and according to several reports, a sale could be in motion and a deal could be confirmed imminently with Saudi Arabia’s Public Investment Fund (PIF).

The saga continues within WWE as talks of a sale continue to grow with "multiple wrestlers" reported to want out if the Saudi Arabia PIF buys the company.

The PIF is the sovereign wealth fund of Saudi Arabia and already owns a stake in the English football club Newcastle United as well as the LIV Golf organisation. 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 saga continues within WWE as talks of a sale continue to grow with “multiple wrestlers” reported to want out if the Saudi Arabia PIF buys the company.

WWE has not been sold to Saudi Arabia's Public Investment Fund ... this according to sources familiar with the situation.

with the intent to help with TV deal negotiations and explore a potential sale of the company. A sale to Saudi Arabia would certainly cause backlash with WWE fans ... WWE Company Not Sold to Saudi Arabia ... WWE has not been sold to Saudi Arabia's Public Investment Fund ... WWE Sources Say Company Not Sold to Saudi Arabia [Vince McMahon](https://www.tmz.com/people/vince-mcmahon/) secured a massive payday for handing over the company reins to Saudi Arabia, which would take the WWE private once again.

Rumors swirled Wednesday that the Saudi Arabia Public Investment Fund was eyeing a purchase of the WWE amid Stephanie McMahon's sudden departure as ...

Are You Asking It Already? [January 11, 2023] [the Hottest Franchises to Watch in 2023](/article/442326) [This One Question Will Make You a Better Thinker](/article/442557). [Front Office Sports](https://frontofficesports.com/public-investment-fund-saudi-arabia-wwe-sale-liv-golf-vince-mcmahon/) claimed that the PIF had been eyeing a purchase of the WWE, with some "sources" even seeming to indicate that the deal was already done. [Deadspin](https://deadspin.com/wwe-sold-saudi-arabia-vince-mcmahon-sportswashing-1849973522) and wrestling outlet [BodySlam.net](https://www.bodyslam.net/2023/01/11/vince-mcmahon-has-been-working-on-saudi-arabia-wwe-deal-since-his-retirement/). The world of the WWE this week has proven to be more chaotic than a Friday Night SmackDown show as rumors swirl that the company may soon be (or secretly has been) sold to a Saudi Arabian company amid the departure of current Co-CEO and Chairwoman Stephanie McMahon.