A WWE insider has confirmed that reports of the professional wrestling organization being bought by Saudi Arabia’s Public Investment Fund are “legit.”
The insider said in communications obtained by The Post Millennial that HRH Prince Mohammad bin Salman bin Abdulaziz Al Saud, who chairs the fund, is “a big fan” of the WWE.
In 2021, the Public Investment Fund purchased 80 percent of the Premier League club Newcastle, according to the Associated Press. The Daily Mail reports that “In 2022, they bankrolled LIV Golf’s attempt to dethrone the PGA Tour as the premier golf competition in the world.”
