Vince McMahon returned to WWE to usher in a company sale. The goal was to have the company in the hands of a new owner by the middle of 2023, and it seems that they are making pace to hit that target.
WWE won’t come cheap, and whoever buys the multimedia company needs to have knowledge in how to run such a company. Then again, with their reported $9 billion price tag, any buyer will really have to want WWE to make that happen.
Saudi Arabia is reportedly in the running to buy WWE, and there are a couple other possible buyers. Some, such as Endeavor, have already reportedly pulled out of the situation. Still, there are apparently a couple of interested buyers who would like to acquire WWE.
The popular financial MSNBC show Squawk on the Street allowed host David Faber to share some insight. He confirmed the reports we’ve heard that there area couple of serious buyers, and this will be a “pretty good sales process.”
“From what I’m hearing, at least from people familiar with the situation, is it’s shaping up be a pretty good sale process.
Some people are saying it’s pretty hot and heavy and those who were somewhat doubtful that you’d get to a sale at the end seem less so.
There are a couple of potential buyers, and things might get very interesting. In the end, Faber noted that, “A key here though remains McMahon’s real willingness to sell.” After all, it is still Vince McMahon’s company.
What’s your take on WWE selling? Who do you think will buy it? Will a new buyer ruin it? Sound off in the comments!