Endeavor CEO comments on WWE purchase interest

The CEO of Endeavor has commented on the possibility of the company purchasing WWE.

When asked about purchasing WWE during Endeavor’s fourth quarter earnings call Tuesday afternoon, CEO Ari Emanuel said they were not going to do anything that would change their leverage position.

“As it relates to WWE, it’s an unbelievable product,” Emanuel said. “Vince, you know, created a great business. We’ve had a longstanding relationship with them over two decades. We’re doing on location business with them, streaming business with them, his business is really valuable. But we’re not going to do anything as it relates to changing our leverage position right now.”

The parent company of the UFC has been reported as a potential buyer of the promotion. Vince McMahon forced himself back as Chairman of the company in January, saying that he was back in order to facilitate a sale of the company. Bloomberg reported earlier this month that McMahon was looking for $9 billion for the company.