Felix Upton on January 17, 2023
WWE could be sold very soon, as Vince McMahon returned to an active role in the company he owns with the intention to sell. This is a very interesting topic for everyone in the pro wrestling world, including Tony Khan.
Vince McMahon changed the company bylaws in order to bring himself back, essentially holding any future television media rights hostage in the process. That ruthless business move was the first in a string of decisions that we are still seeing play out to this day.
Tony Khan recently spoke to the Maggie and Perloff Show where WWE’s sale came up in the conversation. He is very interested in how this whole situation plays out, since TK is in the pro wrestling business as President of AEW.
“I am interested in the news that there is potentially a sales process and certainly, I think we’ve shown, when there are acquisitions and transactions, we’re capable of making the big purchases, whether my dad steps up with the (Jacksonville) Jaguars or Fulham FC in the Premier League, and he’s done such a great job building up the club and putting resources into it, and we’re playing football at a high level. With AEW, we’ve shown that we can build a company.
Even when I purchased Ring of Honor, that’s a very different thing than WWE, but Ring of Honor is a company with 20 years of history and I really have enjoyed running it, and we’ve shown that we’re at all-time highs in terms of every business metric since we relaunched it, and it’s only going to get better. AEW is my main focus, but certainly, when that news is out there, it’s very interesting. Stay tuned to AEW Dynamite and AEW Rampage, you never know when I’m going to address something. On the other hand, it’s very preliminary to talk about that process. If there is a process there, which it sounds like there may be, I’m interested in being part of it.”
Tony Khan and his father are two possible buyers for WWE as well. It is unknown if they are interested in purchasing the company, but there are a lot of fans who would like to see that happen. Comcast and Disney are also in the running, as is Endeavor, UFC’s parent company.
The most interesting, and possibly scary, option is Saudi Arabia. The controversial country’s interest could be real, despite the fact that reports debunked claims that a deal is close to completion between the two.
Only time will tell what happens in the future. Obviously, this story is far from over. Keep checking back with Ringside News as we continue monitoring this ongoing situation.
What’s your take on this situation? Sound off in the comments!
January 17, 2023 7:55 pm
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