Did Vince McMahon sell WWE to Saudi Arabia? The rumors have been rife ever since it was reported that the Saudi Arabia Investment Fund has bought WWE in a historic $4.89 billion deal. The timing of the deal is quite interesting as it comes days after Vince McMahon was unanimously voted as the Executive Chairman of the Board. However, the latest reports suggest Triple H, Stephanie McMahon, and Nick Khan disapproved of Vince McMahon’s return. The former WWE CEO returned to the WWE’s Board of Directors just a few days shy of WWE’s historic deal with Saudi Arabia.
Sources: #WWE has been sold to
Saudi Arabia’s Public 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.
— Steven Muehlhausen (@SMuehlhausenJr) January 11, 2023
Fans have even gone on to blame Vince McMahon for Stephanie McMahon’s resignation from the company. Stephanie McMahon announced her resignation from the position of co-CEO of the company days after Vince McMahon’s return. And now, with Saudi Arabia buying WWE in this landmark deal, it raises a lot of eyebrows.
WWE fans concerned for female superstars after Saudi Arabia deal
It’s known to many that Arab nations aren’t too keen on female superstars performing inside the ring. From the ring attire to the number of matches that are planned for female superstars, WWE being sold to Saudi Arabia is quite concerning for the women’s division.
Fans are of the opinion that there will be more shows in Saudi Arabia than compared to the United States which couldn’t really disrupt the market and show’s viewership. Someone even said “WWE is dead” after the Saudi Arabia deal.
— Jon Alba (@JonAlba) January 10, 2023
Does Vince McMahon’s return have anything to do with Saudi Arabia buying WWE? We can only speculate. But it’s safe to say fighters like Sami Zayn, who have become a huge name in recent while owing to his current screen time with The Bloodline and Roman Reigns, might have a lot of trouble because of his Syrian descent.
Moreover, there is a chance that there will be more monthly premium live events in Saudi Arabia than in the United States. Previously, WWE took a tour of Saudi Arabia once every year for Crown Jewel. It’s safe to say all the changes that the WWE will go through under the new ownership, we will find out in this coming year.