WWE is Rumoured to be Trying to Sell the Company by the Middle of 2023
WWE is Rumoured to be Trying to Sell the Company by the Middle of 2023
WWE is one of the most famous and demanding sports in the world. Most Fans from all across the world prefer WWE over any other physical sport because of action-packed matches and the storyline that is followed by Veteran wrestlers. There are a lot of rumors that are ignited by the news of the sale of the WWE company. Let us find out the whole matter.
Vince MacMahon’s reason to return to WWE
Vincent Kennedy McMahon has made his return on Monday night Raw after a very long time. He left WWE due to a sexual harassment scandal that was imposed on him several times. However, after all the allegations and problems, Vince is back. After all, the reason for Vince’s return is to do promotions and media rights negotiations.
It has been confirmed that the WWE company will be sold by the middle of 2023. Dave Meltzer, a professional wrestling journalist, claimed on the most recent episode of the “Wrestling Observer Radio” show that JPMorgan is supporting WWE in its quest to sell the company by the middle of 2023, as per the reports of Josh Nason.
A hustle-bustle is there among fans. These days, a new rumor has arrived that WWE is sold to LIV golf professional tour. However, this is just a rumor. A new twist came on Tuesday when Stephanie McMahon resigned from the position. After that, Nick Khan is taking care of the position alone.
Additionally, Meltzer also added that while in Los Angeles for the College Football Playoff National Championship Game, Nick Khan attended meetings with “big hitters” such as Disney CEO Bob Iger and ESPN chairman. WWE may also be purchased by the parent company of the UFC, Endeavor, and the Public Investment Fund (PIF) of Saudi Arabia. This could be a profitable deal for the purchaser. Nothing is officially confirmed about the transfer of the company yet.
Vince MacMahon is back in WWE, and Stephanie Mcmahon resigned from the position of Co-Chief Executive Officer of the company. All these spicy movies are done within a week, and they flash the fact that the WWE company is about to be sold by the middle of 2023.
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