It would be a stunning turn of events worthy of pro-wrestling television, complete with major geopolitical implications.
Just days after longtime World Wrestling Entertainment (WWE) Chairman and CEO Vince McMahon made a dramatic and unexpected return to the company, rumors began swirling this week that a blockbuster sale was on the horizon, one that would see Saudi Arabia’s deep-pocketed Public Investment Fund purchase the company.
Initial reports that a deal was imminent were denied by sources inside WWE, according to several prominent pro-wrestling journalists, but the Saudi fund is still widely believed to be among the most likely potential buyers if the company moves ahead with a sale.