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WhatCulture Wrestling

NEWS - WWE Saudi Arabia Update - Takeover DENIED!

WhatCulture Wrestling

WhatCulture Wrestling

Sports & Recreation, Wrestling, Sports

4.41.6K Ratings

🗓️ 11 January 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

We are back with some updates to the WWE Saudi Arabia story and reports that WWE is not being sold to Saudi Arabia after all...


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@AndyHMurray

@PhilMyChambers

@WhatCultureWWE


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Transcript

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0:00.0

Hello, they're my very good friends. It's the afternoon. It's a news video. That means something wild has happened. Yeah

0:06.6

I'm Andy from World Culture. This is Phil. This is Phil. We just we'd rehearsed this before we get on. It's the Phil

0:13.1

It's awesome

0:14.3

Obviously today we covered all the Saudi stuff this morning. Yeah, Stephanie McMahon's resignation all of that stuff and it turns out Phil

0:21.6

The Stephanie McMahon's resignation was a work. I'm only joking. This is about the updates to the situation with the Saudi takeover

0:29.6

Um, so to recap you if you've not seen our video this morning, which is, you know, it's still there

0:34.5

You want to get the core facts, but to recap you was reported by multiple sources

0:38.0

Stephen Newell housing of DeZone and Cassie Haines of body slam being the most prominent ones. Yeah, stating that as

0:44.4

In principle, at least WW selling the company to the Saudi Arabian public investment fund, which is the government sovereign

0:52.2

Well-fun thing had been agreed in principle

0:56.2

Sent the wrestling world into a tailspin. Everything's been the dumpster fire

1:00.6

Spinning out of control. These have not been denied. Yeah, so basically we have multiple outlets here commenting on this

1:07.2

We have one here from rich light shed. No rich greenfield of light shed. I'm sorry rich

1:13.9

Um, who kind of pointed out that Stephen Newell housing has now deleted his original tweet with the report in it

1:20.2

And stating that we are hearing that you're now deleted to tweet below is 100% false

1:25.2

um

1:26.2

Brandon first and of wrestle nomics came through shortly after that saying I concur with at rich light shed

1:32.1

That's where I got confused um, I asked someone at WWE who would know who said that the story too cold of twitter last night

1:39.2

About WWE and Saudi being near a deal to take the company private, which was another part of the report

1:46.2

Is untrue

1:47.4

John Alba then coming through with some more deeds um

1:52.1

Saying a high ranking WWE source with knowledge of the situation tells me the reports of a sale or agreement at this moment are

...

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