Belief That Tony Khan Can Not Afford To Purchase WWE

June 2024 · 3 minute read

The sale of WWE is currently one of the most discussed topics in the professional wrestling business. WWE shareholders are worried not only about Vince McMahon and the company’s potential to execute a sale, but also about whether the buyer will be Saudi Arabia. Although AEW owners Tony and Shad Khan are in the running, it is also believed that Tony Khan can not afford to buy the company.

Dutch Mantell discussed the issue on the latest episode of Smack Talk. Mantell feels that the first focus of this discussion should be Saudi Arabia. Dutch Mantell also explained how AEW President Tony Khan might get involved in the talks of buying WWE. He also named The Rock, Netflix, and others as potential purchasers.

I thought Saudi Arabia always had the number one seed, I guess, you could say. Then you have the usual suspects, Comcast, Netflix, and HBO and Amazon. You know who we didn’t hear about though? Was The Rock. We never heard The Rock was in the running. Another one that has been added is Tony Khan from AEW. But I discount that because I don’t think he can come up with that type of money. Even though, his father is a billionaire several times over.

Bill Apter also recently discussed Tony Khan purchasing WWE. Apter remarked on UnSKripted that the company might potentially lose a big number of fans as a result of what transpired in Saudi Arabia if they sell to the controversial Kingdom. He also addressed Khan acquiring the company, implying that it may lead to a battle between AEW and WWE.

Vince McMahon returned to WWE with his re-appointment to the WWE Board of Directors, following his voluntary retirement in July 2022. Vince changed the company’s bylaws to say that no media rights deals could be granted without the approval of the majority shareholder. He can do whatever he wants with his firm because he is the majority shareholder.

Ringside News exclusively reported that Vince McMahon brought back Brad Blum as his Chief of Staff, a month and a half after WWE fired him. At this time, McMahon has no hand in creative.

In the middle of this power transfer, Stephanie McMahon announced her resignation as WWE Chairwoman and co-CEO, and Vince McMahon’s return as Executive Chairman was made official. Triple H and Stephanie McMahon were initially reported to be opposed to the company’s sale. As previously reported, Stephanie and Triple H now support Vince McMahon’s decision to sell WWE in order to eliminate Vince as the majority shareholder.

Let’s see how Tony Khan reacts to Dutch Mantell’s comments. WWE’s future is currently in Vince’s hands, and no one knows where it will be in a year. To get the latest updates, keep an eye on Ringside News.

What do you think of this story? Let us know in the comments!

January 14, 2023 10:29 am

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