[VIDEO] I wrote this before googling for any new news stories on this. TMZ says WWE has not been sold. Perhaps Oli from WrestleTalk might be finding news stories about this himself. However, the rest of this post assumed that the Saudi deal for WWE is done.
Vince returns to the company he takes on the role of Executive Chairman and restructures the board of directions. His daughter and big time heel Stephanie McMahaon steps away from the company again as Chairwoman and Co-CEO. Then Mr. McMahon seemingly very promptly sells the company to the Saudi Arabia Investment Fund.
As Oli from WrestleTalk discusses this deal had to have been in the works for months long before this month. Perhaps it was ongoing long before McMahon has initially retired from WWE in the summer of 2022.
IMHO, I can't believe Vince McMahon is taking the company away from his family's hands. The Saudis will infuse their funds - likely oil money - into WWE allowing it to once again go private. Before 1999, WWE was known as Titan Sports. Currently WWE is a publicly traded company and whenever this sale closes - I'm using what happened with Twitter as a guide - it won't be long before there will be no more shares of WWE stock to be traded in the stock market.
Anyway I can't believe that McMahon would give his company away without having his own hands on it. And of course what's noted was the moral ambiguity of Saudi Arabia. This deal is bound to be controversial. And another story of McMahon's return is the effect of morale on WWE superstars under the creative direction of Triple H.
