Reports are coming in that the deal is done!
According to reports by Bodyslam & DAZN, WWE has been sold to Saudi Arabia’s Public Investment Fund & they are taking the company back to being private. As of yet this has not been confirmed by WWE.
This news comes hours after Co CEO Stephanie McMahon resigned from WWE and Vince McMahon was unanimously voted to return as the Executive Chairman.
This is ABSOLUTLEY mind blowing if true not in the sense of being shocked, as we have heard rumours that the Saudi's would be purchasing the company but in the sense of WHAT NEXT?
Where will WWE go from here. Is anyone safe now? Things were on the up and up for the most part for the "E" but now that's been bought into disrepute surely if the sale is official?
As always we will bring you the latest as soon as we get it. For now though, fasten those seatbelts. It's gonna be one hell of a ride
UPDATE: Per Cassidy Haynes of Bodyslam.net
In a further update, courtesy of Ariel Helwani's twitter
And now Jon Alba is providing an update. Seems to be the opposite side of the coin. He can't confirm that it has not been sold to the Saudis?
The more this progresses, the more it reminds us of being on the school playground at break time, none of us were informed personally that the queen died a little while back... it still happened though ????????
Rasslin twitter is wild ????
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