Hypothesis about WWE doubtlessly being bought to Saudi Arabia has picked up traction in current days, however the enterprise actuality behind the scenes tells a really totally different story.
Sean Ross Sapp addressed the rumor straight throughout a Fightful Choose Q&A when requested whether or not there was any fact to claims a few potential sale. His response was easy and left little room for interpretation.
“Not any time quickly. WWE is a large cash earner for TKO proper now. A sale does not make sense except it is a too good to be true supply.”
The remark cuts straight to the core of the problem. WWE’s present function inside TKO Group Holdings is just too priceless to stroll away from underneath regular circumstances. The corporate has turn into a significant income driver, making the concept of promoting it off counterproductive except a suggestion got here in that was unattainable to refuse. He additionally added perspective on how timing would have mattered in a special period.
“Humorous sufficient, if Saudi tried to purchase WWE in 2016, they in all probability might have. For now, TKO is glad to chip away at their debt by getting cash hand over fist.”
The takeaway is obvious: regardless of ongoing partnerships and main occasions held in Saudi Arabia, possession will not be on the desk based mostly on the present enterprise panorama. WWE is positioned as too worthwhile, too steady, and too strategically vital to be moved anytime quickly.
Do you suppose WWE might ever realistically be bought down the road, or is that this simply one other rumor that refuses to die? Drop your ideas within the feedback and tell us the place you stand.
