WWE Reportedly Has Not Been Sold to Saudi Arabia’s Public Investment Fund, Sale Options Still Ongoing

As noted before, WWE was rumored on Tuesday to have been sold to Saudi Arabia’s Public Investment Fund.

Sports reporter Ariel Helwani reported that his sources stated that a deal between WWE and Saudi Arabia’s PIF has yet to be signed at the time of his report. Those same sources also stated that no deal with any other potential buyer has also yet to be made as of today.

Helwani reported that WWE officials are still in the process of exploring their options for a potential sale of the company within the future.

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.

— Ariel Helwani (@arielhelwani) January 11, 2023

Both TMZ and Wrestlenomics’ Brandon Thurston reported that their sources confirmed Helwani’s report about WWE has not been sold at the moment to the PIF or any other company.

I concur with @RichLightShed. 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.

— Brandon Thurston (@BrandonThurston) January 11, 2023