Tony Khan And Shahid Khan "In Pool" Of Potential WWE Buyers, Shane McMahon WWE Pay, Sting - Wrestling Inc.
The latest on the WWE sale, Shane McMahon's WWE pay in 2022, FTR taking time off and more!
Tony Khan And Shahid Khan Reportedly In 'Pool Of Potential Buyers' For WWE
BY ERIC MUTTER / JAN. 12, 2023
It's been one week since a Wall Street Journal report revealed Vince McMahon was looking to strong-arm his way back into WWE. Since that story, McMahon has accomplished his goal, returning to the Board of Directors, then later assuming the role of Executive Chairman of the Board, which coincided with the resignation of Stephanie McMahon as WWE Co-CEO. Throw in the chaos of a rumored sale this past Tuesday night, and one wouldn't think it could get more insane.
A new report from Barron's, a sister site of the Wall Street Journal, suggests that it could. A source close to the situation tells Barron's that AEW "is in the pool of potential buyers" for WWE. The source further noted that AEW owner and CEO Tony Khan, along with his father, Jacksonville Jaguars owner Shahid Khan, would likely not attempt to buy WWE on their own, and would thus seek a financial partner in order to complete a sale.
However, AEW is far from the favorite in the sweepstakes to acquire WWE. Also listed as potential buyers by Barron's were Comcast, owner of NBC Universal and Peacock, which WWE has media rights deals with, Endeavor, owner of UFC, and the Saudi Arabia Public Investment Fund. The latter has already been heavily attached to WWE and was the rumored buyer of WWE when now disputed reports suggested the company had been sold Tuesday.
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A report filed by the Securities and Exchange Commission on January 11 revealed that Vince McMahon had been elected as Executive Chairman on January 9 while Stephanie was still a member of the board. Following the reinstatement, Stephanie "ceased to be Chairwoman of the Board" and handed in her resignation the following day.
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ROH Supercard of Honor will emanate from the Galen Center at the University of Southern California (USC) on March 29th in Los Angeles, the home of WrestleMania 39.
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Sting's AEW contract expires this year and he reportedly plans to hang it up for good after that.
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