WWE News: The rumor of the purchase of WWE by Saudi Arabia grows
WWE management has been in the spotlight for the past few hours. We recently reported the departure of Stephanie McMahon.
From the role of co-CEO of WWE. The authority returns to the pause that had been taken weeks before being positioned after the withdrawal of her father.
Later, WWE reported the return of Vince McMahon to the chairmanship of the board of directors after being unanimously elected by the.
Members of the board. The position occupied again by Vince will allow him to speed up a possible sale of the company, which has already.
Occurred according to several journalists close to the company. The Bodyslam portal circulated the rumor that the public investment fund of.
Saudi Arabia closed the agreement for the purchase of WWE. The news was taken with a grain of salt by other journalists, who say the company.
WWE Latest News:Â
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Has remained silent on the matter. Others like Steven Muehlhausen of DAZN News gave credence to that statement, clarifying that it is a matter of.
Time before the new owners make more changes to their administrative sector. Not knowing if it’s related to this, Bryan Alvarez of the Wrestling.
Observer stated that “monstrous” news could be coming in the next few hours. WWE going private appears to be imminent as more rumors.
Begin to circulate. If this happens, the shareholders of the company would be unable to sell their ownership part. On the other hand, the company.
Would stop responding directly to US government laws, operating under much more autonomous rules. It should be noted that neither WWE nor.
The state of Saudi Arabia have mentioned this fact as official. Since its first event in 2018, the alliance between WWE and Saudi Arabia has been heavily.
Criticized by the general public. The wrestling company has opted to go ahead with its biannual shows in this country despite the bad.
Reputation that has surrounded its kingdom and the tense international relations with the United States. Both parties have.
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An event agreement through 2030, with the possibility of extending a couple more years after the COVID pandemic.
