REPORT: Triple H and Stephanie McMahon resisted a potential sale of WWE recently

Stephanie McMahon recently stood against a potential sale of WWE, and she was joined by her husband Triple H. As of now, the former Co-CEO has resigned from the company.


REPORT: Triple H and Stephanie McMahon resisted a potential sale of WWE recently

Triple H and Stephanie McMahon (Image Credits: WrestleTalk)

After the unmatured rumors of WWE sale to Saudi Arabia getting shot down, an interesting insight has emerged. According to Axios, former Co-CEO Stephanie McMahon and CCO Paul Levesque aka Triple H had opposed to any kind of WWE sale, recently. However, this pretty much sums up what could’ve been the reason for Stephanie to announce her resignation from the company.

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Despite the internal resistance, Vince McMahon is adamant to sell WWE. As a result, the promotion has welcomed outside advisors to facilitate the sale of their business. Per an official press release, Raine Group has been retained as financial advisors. Moreover, Kirkland and Ellis are hired as legal advisors and August LLC as strategic communication advisors. This step is taken inorder to speed-up the process of a sale.

This story is getting deeper each passing day. And to a twist, one of the board members has filed an official lawsuit against Vince McMahon for illegally forging his way back to the company. As announced earlier, the board unanimously elected Mr. McMahon as the Executive Chairman. But, getting sued by one of them certainly adds a new tale to the ongoing drama in WWE.

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Related : Is Vince McMahon really selling WWE to Saudi Arabia?

Who is the frontrunner to buy WWE?

Saudi Arabia is still a potential option for WWE sale
Saudi Arabia is still a potential option for WWE sale (Image Credits: WrestleTalk)

Even thought the recent rumors about Saudi Arabia’s PIF buying WWE turned out false, they’re still in the hunt for a deal. Also, for quite some time now, Comcast and Endeavor have maintained their spot as potential buyers of the Stamford-based promotion. On CNBC, a day before yesterday, the aforementioned couple of firms were reiterated as the realistic deal-crackers.

Also per Wrestling Observer Newsletter, WWE’s new CEO Nick Khan recently visited this past Monday’s College Football game to meet some top execs. He caught up with Disney CEO Bob Iger and ESPN president Jimmy Pitaro. Of course, that should ring some bells. As mentioned previously, WWE is seeking every alternative to maximize the profit for their stakeholders and gain the most substantial deal possible.

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