REPORT: WWE Sold To Saudi Arabia's Public Investment Fund

Update: 8:31a

After many reports that have gone out about WWE and them selling the company

After months of speculation, there has been several reports that the WWE has been sold to the Saudi Arabia Public Investment Fund. Some of the rumors that have been reported is that the purchase will result in the WWE no longer being a publicly traded company, going private and giving Vince McMahon control.

Earlier on Tuesday, Stephanie McMahon stepped down as co-CEO of World Wrestling Entertainment. A title she shared with now CEO Nick Khan.

Vince McMahon was unanimously voted back onto the Board of Directors for WWE after previously "retiring" last year after it was revealed he allegedly paid millions of dollars to women in hush money to suppress allegations of sexual misconduct and infidelity. Early on Tuesday Bovada had sent an email to me with the odds on who would purchase WWE and the Saudi Arabia Public Investment Fund was a long shot at +2000 (these betting on these have closed now with these reports)

There will be more to come on this developing story and as of right now, these are all just reports and rumors, but here's what some are saying about the situation

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