Felix Upton on February 5, 2023
WWE is on the verge of a sale, and that could shift everything in a big way Vince McMahon’s return to WWE was hostile, and it was all in the name of a future company sale. Now, it seems that there is one less interested buyer for Vince McMahon’s company.
Comcast was said to be interested in buying WWE, but then company CEO Nick Khan was informed that Comcast isn’t interested. This could change things up in a big way for WWE’s sales plan.
During Wrestling Observer Radio, Dave Meltzer noted that Comcast removing their interest from the situation could spell trouble for the company’s mission to sell at a high price. If anything, Comcast pulling out could also scare off potential buyers.
They need to make it look like people want them, but it word is out that Comcast doesn’t, that might hurt the sale, because that might lower the value. People might go, ‘if Comcast is paying all this money for them, and they don’t trust — and the only way you wouldn’t is that you don’t wanna make that outway right now, because everythign is so uncertain, or as much as wrestling’s history is what it is, you don’t have fuull trust that it’ll be forever.”
It was noted that the NBA and NFL make long term deals, but if WWE can’t secure one, then that isn’t a good look. WWE is obviously in a crucial point in talks to sell the company, and something like Comcast pulling out isn’t a good thing at all for them.
Comcast, Endeavor (UFC’s parent company), and even Saudi Arabia were said to be in the running. Only time will tell if Comcast pulling their interest will cause a huge shift in the favorite potential buyer for WWE.
We will have to see what happens as the year continues. WWE initially had hopes that the company would be sold by the middle of 2023. In the meantime, keep checking with us here at Ringside News.
Transcription by Ringside News
What’s your take on this situation with WWE selling the company? Sound off in the comments!
February 5, 2023 7:21 am
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