WWE Reportedly Looking to Sell Company by Mid-2023

As noted before, WWE announced this past Friday that Vince McMahon has officially returned to the company and will be resuming his role as the Executive Chairman of their Board of Directors. One of McMahon’s goals is to potentially sell WWE to a new buyer within the near future. Among those rumored to be a potential buyer is Saudi Arabia’s Public Investment Fund.

Dave Meltzer reported in a recent episode of the Wrestling Observer Radio that his sources within WWE gave a potential timeline of mid-2023 when the company might be sold by then.

Meltzer reported that “there was smoke” to the recent rumors of Saudi Arabia’s PIF being the potential buyer of WWE but it is still too early for anything to be finalized based on those spoken to. In regards to McMahon’s potential plans for WWE to return as a private company, Meltzer reported that the PIF appears to be the only option as a buyer for this situation.

Meltzer also reported that WWE CEO Nick Khan was seen in Los Angeles this past Monday to watch the NCAA College Football Championship game and met with several “heavy hitters” including Disney CEO Bob Iger and ESPN head Jimmy Pitaro.

UFC parent company Endeavor reportedly is also currently believed to be “in the hunt” as a potential bidder for WWE.

Meltzer also reported that WWE Chairman Vince McMahon is currently the key person within the company who has been facilitating the process for a potential sale of the company.

WOR: Dave Meltzer has been talking to people in WWE about their sale situation and as Bryan noted, they're not yet sold.https://t.co/mYdKSjVF4U pic.twitter.com/0r6luf0fTe

— Wrestling Observer (@WONF4W) January 12, 2023