{"id":184071,"date":"2023-01-12T00:20:03","date_gmt":"2023-01-12T00:20:03","guid":{"rendered":"https:\/\/harchi90.com\/everyone-is-waiting-for-wwe-to-deny-its-been-sold-to-saudi-arabia\/"},"modified":"2023-01-12T00:20:03","modified_gmt":"2023-01-12T00:20:03","slug":"everyone-is-waiting-for-wwe-to-deny-its-been-sold-to-saudi-arabia","status":"publish","type":"post","link":"https:\/\/harchi90.com\/everyone-is-waiting-for-wwe-to-deny-its-been-sold-to-saudi-arabia\/","title":{"rendered":"Everyone is waiting for WWE to deny its been sold to Saudi Arabia"},"content":{"rendered":"
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you can tell by the ensuing chaos and litigation that Vince is back.<\/figcaption>
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A Tuesday night Twitter storm gave way to endless speculation that WWE would be left<\/span> to Saudi Arabia’s Public Investment Fund. it whipped professional wrestling fans into a frenzy, nearly blinding them to the denial that a sale had been completed by several prominent figures in wrestling media. The strangest part of the ordeal is a lack of WWE denial, even though the company is well aware of the rumors on the heels of Vince McMahon’s return<\/span> to the company six months after his resignation.<\/p>\n

DAZN’s Steven Muehlhausen first reported the news of the \u201csale\u201d but has already deleted the tweet \u201cbreaking\u201d the news \u2014 less than 24 hours after posting. <\/p>\n

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screenshot: @SMuehlhausenJr\/Twitter<\/figcaption><\/p>\n<\/div>\n

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The original tweet was echoed by a large swath of wrestling media, who said they would check with sources to see if the smoke would lead to an inferno. For now, it appears this smoke barely has any embers. ace toxic as those smoldering sticks are, a lack of an official WWE comment doesn’t outright eliminate the possibility of the largest professional wrestling company in the world falling into the hands of the Kingdom of Saudi Arabia.<\/p>\n

A WWE spokesperson has not to returned Deadspin’s request for comment.<\/p>\n

The timing of WWE’s official sale is suspect, with McMahon officially returning to the company as executive chairman this week. Right before Muehlhausen’s original tweet, Stephanie McMahon, Vince’s daughter, resigned from her post as the company’s co-CEO, a role she originally took after her father’s resignation.<\/span> WWE also announced less than a week ago that it had partnered with JP Morgan Chase & Co. to assist with a potential sale. Unless the Saudis wrote a blank check for the elder McMahon to cash when he pleases, which isn’t impossible but highly improbable, then any sale would need to be properly vetted. And less than a week to do that isn’t likely because the company’s shareholders would need to approve such a move.<\/p>\n

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