Saudi Arabia Is NOT The Favourite To Buy WWE
Despite prior reports, Saudi Arabia's Public Investment Fund is not the favourite to purchase WWE.
With the seemingly impending sale of WWE on the horizon, the Saudi Arabia Public Investment Fund is said to not be the current favourite to purchase the long-standing market leader.
Last week saw reports that not just was the Saudi PIF favourite to purchase WWE, but that a sale had already been agreed. Those reports were soon rubbished as being untrue, with such talk having led to several talents being "done" with WWE if a deal with Saudi Arabia was indeed to happen.
Now, in the latest edition of the Wrestling Observer Newsletter, Dave Meltzer has noted how Saudi Arabia's PIF is still in the running to purchase WWE, but that they are not the current favourite to get a deal done.
In terms of other interested parties, WWE CEO Nick Khan last week met with Disney and ESPN, while UFC owner's Endeavor, Netflix, Amazon, Comcast, and Warner Bros. Discovery are all speculated as potential buyers. Likewise, AEW's Tony Khan and his father Shahid are also said to be interested parties when it comes to potentially making a move to buy WWE.
Of course, all of this has come about as part of Vince McMahon's return to the WWE Board of Directors this month. The disgraced McMahon has brought back George Barrios and Michelle Wilson to assist in negotiating new TV deals for Raw and SmackDown in addition to facilitating the sale of the company.