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    Home»Wrestling»WWE»Saudi Arabia’s PIF Could be a Frontrunner to Buy the WWE
    WWE

    Saudi Arabia’s PIF Could be a Frontrunner to Buy the WWE

    CP BialoisBy CP BialoisJanuary 7, 2023Updated:January 7, 2023No Comments3 Mins Read
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    Saudi Arabia’s PIF Could be a Frontrunner to Buy the WWE
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    Now that Vince McMahon has forced his way back onto the WWE Board of Directors to begin setting up the company to be sold, there are plenty of reports about who would, could, and should buy the company.

    There’s always a chance Tony Kahn could make a pitch for it, or help fund someone else to buy the WWE.

    Or our personal favorite is Eric Bischoff could get a group together to buy the company twenty years after McMahon bought WCW.

    Saudi Arabia’s PIF Could be a Frontrunner to Buy the WWE

    While those are the most unlikely, it looks like Saudi Arabia’s PIF could be a potential landing place for the WWE.

    The Saudis and WWE have a long working relationship with the WWE holding annual events there, and since it’s been reported the booking of Crown Jewel and other events are in line with what the Saudi Prince wants, it’d be like McMahon is handing over his company to similar type.

    McMahon has long been reported to book shows to his liking, there’s no reason to think another power buying the company wouldn’t enjoy it being made as an audience for one.

    But more than that, the Saudi people love wrestling.

    Stiff competition

    While there are some major differences like how women dress and so on that could be a seismic shift in the company, it’s still a deal that’s highly possible.

    The Public Investment Fund (PFI) of Saudi Arabia could be a possible bidder as reported by dailymail.co.uk. The PIF controls $620 billion in assets, with sports properties being the most prominent of their purchases over the last few years.

    Some of the examples are that they became the majority owner of the Premier League club Newcastle United in 2021, and in 2022 they backed LIV Golf as they attempted to take over the top golf competition in the world.

    While any involvement of the PIF in the bidding will raise more discussions and allegations of sports washing to hide the country’s history of mistreatment of women and a human rights abuses.

    On the flip side, it’s far from a done deal and other potential suiters mentioned are Amazon, Comcast, Fox Corporation, Liberty Media, Endeavor, and CAA.

    Whomever buys the WWE would raise questions on whether they know/understand how to run a wrestling company, and if they keep Stephanie McMahon and Triple H to run the wrestling aspect will they leave them to do their jobs?

    Turner Media telling Eric Bischoff and others how to run WCW was arguably the leading cause of the company’s fall, and the WWE could be heading down the same road.

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    Eric Bischoff Saudi Arabia PIF Vince McMahon WWE
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    CP Bialois

    A child of the 1980s, CP was born to pretend. He loved to create intricate plots based on his favorite shows and professional wrestling. In time, his interests expanded into horror, sci-fi, action, and comedy. His favorite books were Sherlock Holmes, Treasure Island, Dracula, and Star Trek. Never one to do things the easy way, CP refused to learn to read in school, so his dad taught him through comic books. Following along with his dad, CP picked up reading in a couple of weeks. Everything he’s read or has seen has influenced him in some way as he creates his own worlds.

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