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The WWE hosted their Q3 earnings call this morning to discuss financials, and during a question and answer period Vince McMahon was asked about the WWE moving forward with staging their ‘Crown Jewel’ event in Saudi Arabia.
When asked, Vince stated “We’re not going to talk a lot about that, it’s a very sensitive subject, these days, naturally”
Listen to the audio below
https://www.youtube.com/watch?v=4sEeJcosCx8
This comes hours after the WWE released their Q3 Financial Statements, and released the following statement in the report.
WWE has operated in the Middle East for nearly 20 years and has developed a sizable and dedicated fan base. Considering the heinous crime committed at the Saudi consulate in Istanbul, the Company faced a very difficult decision as it relates to its event scheduled for November 2 in Riyadh. Similar to other U.S.-based companies who plan to continue operations in Saudi Arabia, the Company has decided to uphold its contractual obligations to the General Sports Authority and stage the event. Full year 2018 guidance is predicated on the staging of the Riyadh event as scheduled
WWE Crown Jewel tickets are expected to go on sale this Friday 10/25/18
https://www.youtube.com/watch?v=baLjPHDOR-4&t=2s