WWE officials are reportedly looking to sell the company before the year is over.
A new report from Wrestling Observer Radio notes that WWE officials are looking to sell the company by mid-2023.
As we’ve noted, WWE hired JP Morgan to lead the sales talks. It was noted that the media players that have been speculated on, such as Comcast/NBCUniversal, are in the mix, as is Saudi Arabia with their Public Investment Fund.
WWE CEO Nick Khan was in Los Angeles on Monday for a NCAA college football game, and he met with “heavy hitters” while there, including Disney CEO Bob Iger and ESPN President Jimmy Pitaro. Endeavor, the parent company to the UFC, is also “in the hunt” for WWE.
WWE Chairman Vince McMahon is reportedly facilitating working on the sale, while Khan is running the company. This could always change due to the rapid pace of change within the company right now.
Word now is that “there was smoke” to the Saudi rumors from Tuesday night, but it was way too early for a deal to be finalized. It’s believed that selling to the Saudis is the only option if WWE wants to take the company back to being private.
Stay tuned to WrestlingHeadlines.com for more. Below are links to some of our recent reports on the ongoing situation:
FULL COVERAGE OF THE VINCE MCMAHON – JOHN LAURINAITIS ALLEGATIONS AND FALLOUT:
– New Report on the WWE Sale and Triple H & Stephanie McMahon, Potential Buyers
– WWE Hires Outside Advisors to Help with Sale Talks, Vince McMahon Comments
– Update on the WWE Sale – Saudi Arabia PIF Rumors from Tuesday Night
– Major Rumors on a WWE Sale Making the Rounds
– WWE Names Vince McMahon as Chairman Once Again; Comments from Vince, Nick Khan, Stephanie McMahon
– Stephanie McMahon Announces WWE Resignation
– JP Morgan Gets Hired By WWE To Assist With Potential Sale
– Full Transcript from Today’s WWE Meeting Led By Stephanie McMahon, Nick Khan and Frank Riddick
– Backstage News from WWE Meeting, WWE Going Private Again?, Vince McMahon Notes, More
– WWE Holding Important Meeting Today, Wall Street Reacts to Vince McMahon’s Return to The Board
– Wall Street Reacts to Potential WWE Sale and Return of Vince McMahon
– Backstage Reactions to Vince McMahon Confirming His Plans for a WWE Return
– Vince McMahon Issues Statement and Details on Plans for WWE Return
– Vince McMahon Reportedly Planning WWE Return for a Major Sale
– Vince McMahon Scandal Hurt WWE’s Ability to Sell Sponsorships
– Backstage Talk on Vince McMahon’s Post-WWE Life
– WWE Says Vince McMahon’s Departure May Hurt the Company Creatively and Financially
– WWE Reveals $5 Million More In Payments Made By Vince McMahon
– Backstage Updates on WWE and John Laurinaitis, WWE’s Board of Directors Investigation
– Linda McMahon Comments on Vince McMahon’s WWE Retirement After Being Pressed By Reporter
– Vince McMahon WWE Stock Update, Vince’s WWE Ownership, Linda McMahon Note
– USA Network Looks Ahead to Big WWE Changes, USA on Fan Reactions to Triple H Taking Over Creative
– Top WWE Stars Jab at Vince McMahon’s Retirement on RAW
– What Triple H Promised to WWE Talents In Pre-RAW Backstage Meeting, More Backstage Notes
– Vince McMahon Facing Additional Investigations?, More on Vince’s Exit from WWE
– WWE Restates Financial Statements Due to Unrecorded Vince McMahon Expenses, Vince to Pay Money Back
– Backstage News on Brock Lesnar Working WWE SmackDown After Walking Out Earlier
– Stephanie McMahon and WWE Fans Send “Thank You” Message to Vince McMahon
– Read Vince McMahon’s Full Retirement Letter Sent to WWE Employees
– Brock Lesnar Officially Pulled from WWE SmackDown
– WWE to Replace Brock Lesnar at SummerSlam?, More on Lesnar’s Reaction to Vince McMahon’s Retirement
– Backstage News on Vince McMahon’s Retirement, Stephanie McMahon and Nick Khan’s New WWE Roles, More
– Brock Lesnar Reportedly Leaves SmackDown, Upset Over Vince McMahon’s WWE Retirement
– Vince McMahon Retires from WWE
– Triple H at WWE SmackDown, Backstage Talk on Triple H’s New Role, Bruce Prichard Update, More
– WWE Announces Triple H’s New Executive Role, Triple H Comments
– Netflix Reportedly Pulls Vince McMahon Project, Millions of Dollars Spent
– WWE Issues Internal Statement on Latest Vince McMahon Allegations
– Vince McMahon Reportedly Paid Millions of Dollars In “Hush Money” to Former Wrestler and Others
– News on Who Made the Decision to Name Stephanie McMahon as WWE’s Interim CEO & Chairwoman
– Stephanie McMahon Addresses Investigation Into Her Father During WWE HQ Meeting
– How Much Value WWE Has Lost Since Vince McMahon Scandal Broke, WWE Ratings Up Due to Buzz?
– WWE Now Facing Multiple Potential Class Action Lawsuits
– Vince McMahon Makes Surprise WWE RAW Appearance to Hype Big Return
– More Details On Vince McMahon’s Mood, Backstage Atmosphere At Friday’s WWE SmackDown
– Vince McMahon Opens Tonight’s WWE SmackDown, Video of the Segment
– Stephanie McMahon Sends Message to WWE Staff After Today’s Huge Announcement
– Vince McMahon Announced for WWE SmackDown
– Pat McAfee Reacts to Vince McMahon Allegations, Thinks We Will Never Get the Truth
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