WWE For Sale

3 Likes

1 Like

World Wrestling Entertainment (WWE), the largest and most prolific professional wrestling company in history, is expected to be sold at some point later this year in much the same way Ultimate Fighting Championship (UFC) was gobbled up back in summer 2016.

In fact, WWE may end up with the same owner, as Endeavor is currently listed among the “most plausible buyers,” according to WrestleNomics, alongside Comcast — parent company of NBC Universal — and Amazon, which recently got into the MMA business.

Saudi Arabia’s Public Investment Fund also expressed interest.
“We’ve shown [Wall Street] and frankly, everybody else in the industry that cares, what we can do when you put the UFC on top of the Endeavor platform,” Endeavor President Mark Shapiro previously told The Town. “There are just all kinds of levers we can flip. When it comes to WWE? Yes, that would be something interesting and it would be worth exploring.”

WWE reportedly hired JPMorgan to advise the company on a potential sale.
Vince McMahon recently returned to the WWE board after a sexual harassment scandal sent him into a brief retirement. The day-to-day operations are not expected to change; however, McMahon is expected to assist with a potential sale.
“My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder,” McMahon said in recent press release.

A potential sale is could go down within the next “three-to-six months.”

Everyone’s For Sale
Bellator
PFL
ONE
Endeavors gonna Endeavor

1 Like

1 Like

One is for sale?

somethings cookin

Is it viable for a group to own a legit fighting organization and a fake one? Every other fight will be called a work or fixed.

2 Likes

I’m going to buy it.

1 Like

This already happens. We have 1 particularly mentally ill poster who will tell you every fight is fake no matter what happens. He’ll actually say things like “Why would a fighter drop his hand before taking the KO punch? FAKE!!!”……but literally every KO is a result of a fighter making a defensive mistake. It’s truly psychotic.

2 Likes

I thought WWE was public so aren’t they always technically “for sale”?

Or is it just McMahon or whoever I owns the majority of shares is willingly selling them now?

1 Like

Saudi Arabia group may end up with it.

Be interesting to see if they lose fans if they sell it and if AEW and whatever other smaller ones are left will gain momentum with the sale.

2 Likes

McMahon is majority shareholder so if he doesn’t want to sell then it’s not for sale.

5 Likes

Everyone’s For Sale
Bellator
PFL
ONE

That’s because they’re all about to plateau or start losing money. I act like a total fucking retard in here, but I enjoy the business side of things. Research is my boredom habit.

Then we’ll end up with even more of those.

They are renegotiating tv deals. No way Vince was not going to be part of a new tv deal. I highly doubt he sells the company. He owns a majority stake and if you thought Uncle Dana was ego driven. He doesnt hold a candle to Vince. Vince will die before he sells his stake.

2 Likes

LOLPFFFTLOL

2 Likes

This breaks it down, posted 9 hours ago………in UG fashion nobody will read. Continue speculating and talking outta your asses everyone :smiley:

Why post this with shade and insults? Nobody speculated anything here and you come in sharing an article from a sports radio host admitting he knows nothing about business and is giving his own take?

Thanks…

Also this “take” provides zero new information.

Why is it for sale? Is Vince leaving and wanting to tear it all down or cash out rather than leave it to his own kids?

2 Likes

True, I absolutely shouldn’t have implied nobody ever reads the threads in their entirety. How rude of me. Every conversation held in here is a perfect flow of chronological information, beautifully building off the previous comment. I see we have our feelings :womans_hat: hat on for Monday so I’ll chime back in around Thursday when we’re back to business as usual.