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WWE sale update: “No deal in place at this precise moment” according to sources

Aaron Rift

On Tuesday night, reports surfaced that WWE was being sold to Saudi Arabia’s Public Investment Fund and the company would be going private again. As of Wednesday morning, there has been no official confirmation that a sale has actually taken place.

Ariel Helwani of BTSport.com provided the following update…

“Contrary to reports stating otherwise last night, there is no deal in place at this precise moment for WWE to be sold to Saudi Arabia’s Public Investment Fund or any entity, sources say. The organization is still exploring all options, I’m told. Developing. Worth noting that the original tweet stating it was a done deal has since been deleted.”

Steven Muehlhausen of DAZN.com’s tweet about WWE being sold to Saudi Arabia’s Public Investment Fund has been deleted which was highlighted by @RichLightShed.

Brandon Thurston of Wrestlenomics.com tweeted the following…

“I asked someone at WWE, who would know, who said the story that took hold of Twitter last night, about WWE and Saudi Arabia being near a deal to take the company private, is untrue.”

Jon Alba tweeted the following…

“Well, finally got something much more firm. A high-ranking WWE source with knowledge of the situation tells me reports of a sale or agreement to sell at this moment are ‘completely false.’ Still have not been able to get official comment from WWE on the record at this moment in time, but have inquired through multiple channels.”