It was reported last night by a number of different outlets that WWE had officially been sold to Saudi Arabia’s Public Investment Fund.
This, of course, sent shockwaves through the pro wrestling world, as many believed that Vince McMahon had in fact pulled off the move.
According to a new report from Ariel Helwani, this does not appear to be the case as it stands, as his sources have refuted the news.
Is WWE being sold to Saudi Arabia?
“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”, Helwani revealed.
“The organization is still exploring all options, I’m told. Developing. Worth noting that the original tweet stating it was a done deal has since been deleted,” he concluded.
Interestingly, the news was originally posted by a writer at DAZN, and reports from this writer (we will not post his name to add to the backlash) are usually legitimate.
We’ve also seen the likes of Bodyslam corroborate the reports, and again, they are a respected site that broke the news of Bryan Danielson originally signing for AEW.
