UFC shareholders on WWE purchase: Endeavour cited potential buyer for WWE as Vince McMahon returns: Following the WrestleMania 39 hype, UFC parent company Endeavour is once again in reports to purchase the WWE from Vince McMahon. is in jeopardy with Vince McMahon’s return to the company. However, there are no official verification from either authorised bodies. The start of the year saw his return to the company as the former WWE Chairman and CEO fired some Board members and appointed new ones. Meanwhile, there are speculations regarding the company being sold to Saudi Arabia, however, it is yet to be finalized. Follow WWE News and Updates with InsideSport.IN
UFC shareholders on WWE purchase: Endeavour cited potential buyer for WWE as Vince McMahon returns
The Stamford-based company made headlines when the news of the company’s sale broke out. It quickly took over the internet with potential buyers standing in line. The potential buyer list includes Saudi Arabia, Tony Khan, and Comcast, but one more name has been added to the list.
BREAKING: Stephanie McMahon has resigned from her role as co-CEO of WWE.#StephanieMcMahon #WWE pic.twitter.com/J1fFTX7lU2
— InsideSport WWE (@insidesportwwe) January 11, 2023
On the recent episode of the Buzzcast podcast, Mathew Belloni gave an update on the list of potential buyers with Lucas Shaw. He added UFC’s parent company Endeavor is rising up as a potential buyer.
“As much as it’s a valuable media property, it is still considered a second-tier property in the sense that there are advertisers that still will not advertise on WWE. There is a little bit of a radioactivity around it, much as there was with the UFC,” Belloni said. [H/T Thirsty For News]
The list of potential buyers is getting filled with tough competitors to acquire WWE with Saudi Arabia’s Public Investment Fund as the top buyer.
WWE has not been sold to Saudi Arabia yet
Vince McMahon regained his control on the Board of Directors becoming the Executive Chairman and rumors started to emerge regarding the company’s sale. Earlier, a report claimed WWE is sold to Saudi Arabia’s Public Investment Fund which also owns Football Premier League’s New Castle.
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.
— Ariel Helwani (@arielhelwani) January 11, 2023
However, the report which started the forest fire rapidly is no longer active and it was a false report. Recently, Ariel Helwani reported on his Twitter account regarding the false report and mentioned WWE has no deal in the process of selling the company to Middle East Giants.
Also Read: Logan Paul: WWE Star makes shocking claim about his pet pig pearl.
Currently, WWE’s situation is messed up with several speculations of Vince McMahon wanting to sell the company to Saudi Arabia to regain creative control. What are your thoughts on WWE’s current situation? Tell us in the comments.
UFC shareholders on WWE purchase: Endeavour cited potential buyer for WWE as Vince McMahon returns
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