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WWE has been going through a rough time lately. While the sport greatly recovered from it’s initial downturn after Triple H took the helm, shifting fan base, global events and some other industry-related factors have taken a good toll on the business as a whole. Per recent reports of issa personal training, WWE has hired the likes of The Raine Group (Merchant-banking firm) and Kirkland & Ellis (Legal FIrm) to help with the Sell-off.
Vincent McMahon, the industry pioneer himself recently came out to say, “We believe exploring our strategic alternatives at this critical juncture will enable WWE to fully capitalize on the significant value of our intellectual property”
WWE Sell: Biggest potential Buyers!
After the sales announcement, many names are getting thrown around as potential buyers. We could stay here all day and entertain all the rumors but instead, we will just look at the 3 biggest front runners,
Dwayne Johnson (The Rock)
First off, we have Dwayne ‘The Rock’ Johnson. The former wrestler turned actor had an astounding $800 million net worth according to the October, 2022 reports. He has already diversified his investment portfolio outside hollywood even though the number of movie appearances seem to only go up by the years.
The media is hyping him up as the main candidate for the purchase not because of his investment money, but because of the 1996-2019 career he had with the promotion. We already saw the significant changes Triple H was able to bring to the company with his experience so his arch rival can probably add to the promotion.
The Kingdom of Saudi Arabia
Another highly talked about contender in the WWE purchase saga is the Kingdom of Saudi Arabia itself! Very recently the Saudi’s began to realize that the oil reserve under their soil will eventually run out and so they began to diversify their investments. Combat sports in general have seen a surge of events here with multiple WWE events and boxers like Anthony Joshua and Oleksandr Usyk participating.
While the investment fund reportedly has a capital of around $600 billion many don’t really wanna see this deal go through. The middle-eastern has so far invested in mostly outlandish projects and many aren’t hopeful of any positive changes to WWE if the deal does go through.
https://www.youtube.com/watch?v=MTMNA3VHtoE
Dana White or the Fertitta brothers
While the WWE has been declining, UFC has pretty much on a steady growth train in recent years. Dana White has recently launched the extremely controversial Power Slap League and despite fan backlash the show has been garnering huge viewership. The UFC head honcho has seeming figured out the secret sauce of combat related events and with an astounding net worth of around $9-$10 billion, a potential purchase is very possible.
Who do you want to see on the helm of the definitive wrestling organization?