Skip to main content
Inside The Ropes
  • News

    WWE News

    AEW logo for their Dynamite TV show

    AEW News

    IMPACT Wrestling logo

    IMPACT News

    New Japan Pro Wrestling

    NJPW News

  • Features
    Poster for WWE Royal Rumble ft Roman Reigns

    WWE Royal Rumble 2023 Predictions

    NJPW Wrestle Kingdom 17

    NJPW Wrestle Kingdom 17 Predictions

    WWE Superstars With The Most Wins In 2022

    WWE Superstars With The Most Wins In 2022

    Breakout WWE Superstars In 2022

    Top 10 Breakout WWE Superstars In 2022

  • Interviews
    20 Questions Deonna Purrazzo FI

    20 Questions With Deonna Purrazzo

    Rick Boogs

    Interview With Rick Boogs

    JONAH

    Interview With JONAH

    Rosemary Interview

    Interview With Rosemary

  • Podcasts
    What’s Going Down #99 – Austin Theory, Bray Wyatt & Tyrus

    Listen
    What’s Going Down #98 – SmackDown Main Event, Crown Jewel & More

    Listen
    Jeff Jarrett stands in-ring on AEW Dynamite 2022

    Listen
    Power Slam Podcast #264 – Steve Austin Comeback, Full Gear Preview & More

    Listen
  • Quizzes
    Play Word Rumble

    Play Word Rumble

    WWE logo

    Can You Name Every WWE Pay-per-view?

    WWE Survivor Series sole survivors quiz

    Can You Name All The WWE Survivor Series Sole Survivors?

    WWE Smackdown logo

    Can You Name Every Wrestler That Competed On The First SmackDown?

  • Live Tours
  • Shop
    Magazine
    Clothing
    Accessories
    Collectibles
  • Trending
  • Follow us:
    • Facebook Facebook
    • Twitter Twitter
    • Instagram Instagram
  • Watch us on YouTube:
    • YouTube YouTube
  • Subscribe to the Magazine
  • Play Word Rumble
WWE News

WWE Considered A “Problematic” Company, “There Will Be Jobs Lost” – Dave Meltzer

By James Holder. Published 11th January 2023.
Vince McMahon

In yet another remarkable 24-hours in the life of WWE, multiple reports have suggested that the company has been sold.

It has been claimed that the company has been sold to Saudi Arabia’s Public Investment Fund. PIF are already the majority shareholders in English Premier League club Newcastle United, while also being behind controversial body LIV Golf, which has been set up as a rival to the established PGA Tour. The group are already in control of a staggering list of assets worth $620 billion. However, it is important to note that a sale is yet to be made official.

WWE already have a long-established relationship with Saudi Arabia, announcing a ten-year partnership with the kingdom back in 2018. Since the deal began, eight Premium Live Events have been held in Saudi Arabia, with WWE hosting two-per year, although this was interrupted by the COVID-19 pandemic.

Jobs Within WWE Will Be Lost If Sale Goes Through

Speaking on the latest edition of Wrestling Observer Radio, Dave Meltzer discussed what a potential sale to the PIF could mean. Meltzer explained that WWE’s media rights fees will be a huge issue should a sale take place, adding that some may see wrestling as “toxic” as a result. He added that the company is now “problematic” before expressing his belief that jobs will be lost.

“WWE without the rights fees is not worth anything close to what they’re getting. But there’s no, maybe, Vince is sure, he’s got his connections there. Maybe he’s already talked to the people at Fox and at NBCU and they’ve assured him that he’s ok. I don’t see them cancelling him right now. It’s a very problematic company at this point. There’s gonna be jobs lost.”

Ahead of the reports of a sale, Stephanie McMahon announced her departure from WWE, leaving Nick Khan as the sole SEO. Following her exit, Vince McMahon was elected as Executive Chairman.

If you use any of the quotes from this article please credit the original source with a h/t back to Inside The Ropes.

  • Facebook
    Share
  • Twitter
    Tweet
  • WhatsApp
    Send
  • Share

Popular Stories

  1. The Undertaker Admits He “Lost Sleep” Over Disappointing Recent WWE Appearance
  2. Nikki Bella Reveals John Cena’s Surprising Link To Artem Chigvintsev Wedding
  3. Lacey Evans Sparks Outrage On Social Media With WWE SmackDown Return
  4. Sami Zayn Humbly Claims He Couldn’t Be The Face Of WWE
  5. Kevin Owens Was Originally Set To Win WWE Championship Back In 2019
  6. Becky Lynch Once Kissed A WWE Legend On-Screen Before WWE Later Edited It Out
  7. “He Can’t Feel His Legs” – Kurt Angle Provides Worrying Health Update On Hulk Hogan
  8. Jerry Lawler Sets Stunning And Unprecedented Wrestling Record
  9. Bray Wyatt Comments On Divisive WWE Royal Rumble Match
  10. Triple H Confirms Reports Dwayne Johnson Will Likely Miss WWE WrestleMania 39
Inside The Ropes
  • News
  • Features
  • Interviews
  • Podcasts
  • Magazine
  • Write For Us
  • Facebook Facebook
  • Twitter Twitter
  • Instagram Instagram
  • YouTube YouTube
© 2023 ITR Digital Media Limited. Read about our privacy policy.