Report: WWE seeking $9 billion in potential sale

  • Ian Carey
  • By 

Vince McMahon is hoping to receive more than market value from a sale of WWE.

According to a report from Lucas Shaw of Bloomberg published Friday, McMahon is seeking as much as $9 billion from a sale. The company is currently valued at $6.65 billion. 

Shaw also revealed that WWE has already received “a couple acquisition offers,” although it is not clear who the potential buyers are or how much they are offering. 

Regarding potential buyers, Shaw noted on Twitter that “sources have expressed skepticism that many traditional media companies will buy the WWE.” He would continue to say that Endeavor Group Holdings Inc. and The Saudi Arabia Public Investment Fund were both “definitely” interested parties. 

Endeavor is currently valued at $10.4 billion and would need financial help from a third party in order to purchase the company. 

The sovereign wealth fund of Saudi Arabia is valued at $620 billion and owns stakes in companies such as Amazon, Uber, Google, Nintendo, Facebook, Disney, Starbucks, and Mariott. In 2021, the fund purchased the English professional football club, Newcastle United F.C., and announced the establishment of LIV Golf.

AEW President Tony Khan has expressed interest in a potential WWE sale as well. 

“I am interested in the news that there is potentially a sale process and certainly I think we’ve shown when there are acquisitions and transactions, we’re capable of making the big purchases,” Khan said last month. Shahid Khan’s net worth is listed at $12.3 billion, making him the 291st wealthiest person in the world.