Saudi Arabia Now Owns WWE After A Major PIF Investment

Hera Shabbir

Saudi Arabia is known to make big things happen, and this is new deal is  definitely a stunner. The Kingdom has quite the history with WWE, especially the Crown Jewel which has been held in the Kingdom several times in the past. The wrestling company actually holds a 10 year contract, since 2018, to hold 2 premium events in the Kingdom.

Saudi Arabia now officially owns WWE after a $6.5 billion bid

This is one of the biggest moves the Kingdom has made in global sports and entertainment. After the iconic Ronaldo presentation for Al Nassr, the Kingdom is really on a roll!

This picture of Turki Al Sheikh alongside Triple H and Vince McMahon has been going viral

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