Sources Within WWE Believe Stephanie McMahon’s WWE Resignation Is Tied To Saudi Arabia Sale

Bodyslam.net recently reported WWE and Saudi Arabia are very close to landing a deal to buy the company. After reports broke that the two parties were nowhere near a deal, WWE’s stock price dropped as investors lost hope of cashing in with going private.

The Wrestling Observer Newsletter noted that there is a thought that Stephanie McMahon’s WWE exit could be tied to the possibility of Saudi Arabia buying the company.

Some have tried to tie in Stephanie’s resignation to the fact that women are considered second-class in Saudi Arabia.

WON

2023 started out with WWE going one direction, but Vince McMahon had other plans. Since he is still the majority shareholder, Mr. McMahon was allowed to make these moves; because in reality, he could have taken over the day after his “retirement” if he wanted to.

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