Stephanie McMahon resigns as the co-CEO of WWE; Vince McMahon reportedly sells the company

Stephanie McMahon shocked the world today after announcing her resignation as the co-CEO of WWE.

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Following this, Vince McMahon was named the Executive Chairman of WWE while Nick Khan was named the CEO of the company.

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Following her resignation, rumors surfaced the internet claiming that Vince McMahon had finalized the deal to sell WWE.

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WWE has reportedly been sold to the Saudi Arabia Public Investment Fund. This deal was reportedly confirmed after Stephanie McMahon announced her resignation.

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Fans are shocked with the rumors of the sale and many expect a lot of changes to the company following the sale.

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The Road to WrestleMania is already round the corner and things are rumored to be very exciting. However, the sale process may change things soon.

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