Fear That Vince McMahon Wants WWE Saudi Arabia Sale To Regain Creative Power

Just a few months after retiring from WWE, Vince McMahon managed to find a way to become a member of the board of directors again. It started when he sent out a press release stating that he needed to return in order to facilitate a sale of the company, and he wouldn’t approve any media rights deals, as majority shareholder, if he wasn’t reappointed. Within a day after the press release was sent out, WWE confirmed Vince’s return via a release of their own, and after Stephanie McMahon’s resignation, Vince McMahon is Chairman of the Board once again.

Since then, rumors have been rampant regarding the imminent sale of the company. Many fans have started speculating as to who could be a potential buyer. While some fans suggested that Tony Khan or his father could end up purchasing the Stanford-based company, many fingers have been pointing toward Saudi Arabia.

There have been reports emerging recently that Vince McMahon might look to sell the company to the Kingdom of Saudi Arabia. Reports that a deal is “done” were shot down, which caused a fall in the company’s stock price.

Saudi Arabia’s interest in the WWE is well-documented, considering how much they paid for the promotion to hold two events every year for a 10-year deal. While this news has not been confirmed yet, Fightful Select is reporting that there is a fear that Vince might consider selling the company to the Saudis to regain creative control.

“A prevailing fear is that Vince McMahon will try to work his way back into creative with a sale, and Saudis being the only entity that would possibly allow that to happen,” per Fightful Select.

It’s almost unthinkable that Vince McMahon would give up control of his company to anyone. Therefore, he could be looking for a deal where he can regain creative control of the company. Out of all the potential buyers, Saudi Arabia seems to be the only front-runner that would keep Vince McMahon in power.

Stay tuned to Ringside News as we keep you updated on this story as it develops. Obviously, there is a lot to unpack in this situation.

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