Saudi Arabia's Public Investment Fund has spent the past couple of years buying into sports, purchasing Newcastle United two years ago and backing PGA Golf rival, LIV Golf tour. In addition to this, the world-leading sovereign fund has had close ties with the WWE for years. So, with Vince McMahon now back in power and his daughter, Stephanie McMahon, out of the company, it's only natural for people to wonder if the elder McMahon has pushed through with his rumored plans to sell the WWE to Saudi Arabia.
But, while this rumor has been going around for quite a while, it intensified yesterday to the point that people actually believe that the sale has gone through.
So, which is which? Has the WWE actually been sold to Saudi Arabia?
According to TMZ and Wrestlenomics' Brandon Thurston, no such deal has taken place or is currently taking place.
