According to F4WOnline and other sources, after much speculation Tuesday night on social media that included some reports stated WWE being sold was was a done deal, as of this writing the company has not been sold to Saudi Arabia’s Public Investment Fund.
It was also noted in the report that at of the start of Wednesday morning’s stock exchange, WWE did not make any announcement or recognition of the rumors. Their stock hit as high as $92.50 in pre-open trading.
F4WOnline further notes that MMA reporter Ariel Helwani, a former client of WWE CEO Nick Khan, tweeted that according to his sources, that while WWE is exploring all options. You can check out the his tweet below.
TMZ also reported Wednesday that no deal has been done. Brandon Thurston of Wrestlenomics also took to Twitter to note that the rumor of the sale is untrue. His tweet is below.
According to Fightful Select, some of the talents they spoke with said they have not asked to be released. However, it was noted that at least one talent did say they would be done with WWE if the deal with Saudi Arabia’s Public Investment Fund did go through.
Fightful Select concluded by saying there is an incredible amount of concern among talent and staff with Vince McMahon back in charge.
The rumors of WWE being sold and then going private hit social media hours after Stephanie McMahon announced she was resigning as a co-CEO, and that the WWE Board of Directors had unanimously approved Vince McMahon to return as Executive Chairman.