WARNING: We have detected your browser is out of date. For both performance, security and a better web experience you should keep up to date to avoid viruses, malware, hijacking and stay on top of compatibility features.
RSS Feed


WNS Home

Home ⚡ DISCORD ⚡ Podcast ⚡ X


WWE Looks Set To Be Sold to UFC Parent Company Endeavor Group

Posted By: Ben Jordan Kerin on Apr 02, 2023

WWE Looks Set To Be Sold to UFC Parent Company Endeavor Group

We reported on Saturday, WWE has been sold to Warner Bros. Discovery, Shad and Tony Khan, this however was an April Fool. Today however, CNBC's Alex Sherman is reporting that WWE is close to being sold to UFC's parent company Endeavor.

WWE Executive Chair Vince McMahon is in "advanced talks" to sell WWE to Ari Emmanuel's company with a potential sale being announced as soon as Monday.

UFC and WWE are "expected to form a new publicly traded company as part of the agreement, according to the people, who declined to be named due to the confidential nature of the discussions."

The new company would be 51% owned by Endeavor and 49% by shareholders. Vince McMahon is also reported to be staying on as the chief executive of both Endeavor and the new company.

Sherman said:

"Emanuel, a Hollywood super agent, is expected to act as chief executive of both Endeavor and the new company. McMahon, likewise, is expected to be executive chairman, while Endeavor President Mark Shapiro will also work in the same role at the new company. Dana White will remain as president of UFC, while WWE CEO Nick Khan will serve as president of the wrestling business."

Vince McMahon Was Reportedly Supervising During WWE WrestleMania 39

Vince McMahon was backstage at WWE WrestleMania 39. PWInsider is reporting that McMahon was involved with the running of the show somewhat [...]

— Ben Jordan Kerin Apr 02, 2023 01:02AM


Source: cnbc.com
Tags: #wwe #ufc #endeavor #vince mcmahon

⚡ Explore WNS

Jump To Comments

Popular Tags

Popular Articles

Share Article

Follow WNS


 Follow us on X @WNSource 

 Follow us on Instagram & THREADS

 LIKE us on Facebook 


⚡ News tip? Email ben@wrestlingnewssource.com 


Adding comments is disabled due to age of article.

© 2006-2024 wrestlingnewssource.com

All rights reserved. All other trademarks, logos, video, likeness and copyrights are the property of their respective owners.
Terms of Service · Privacy Policy · Π