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WWE for sale - Who Will Buy It? Megathread

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  • Registered Users Posts: 332 ✭✭Petermc83


    Can’t wait for the wrestlemania next year headlined by StoneCold Sheik Muhammad vs Hulk Hassan…



  • Registered Users Posts: 85,295 ✭✭✭✭JP Liz V1




  • Moderators, Sports Moderators Posts: 42,426 Mod ✭✭✭✭Lord TSC


    Updated the thread title to be a bit mor general.


    WON notes from today.


    From this week's observer:

    -Meltzer notes that both CNBC and Barron's reported on Shad Khan's possible interest in buying WWE. CNBC added its possible that he'd be one of the few ok with keeping Vince McMahon. A Khan purchase would require additional investors as part of a group.

    -the Khan's and the Saudis are the only known parties who would take WWE private

    -wall street analysts forecast a sale price of 7.4 to 8.2 billion, with WWE hoping for 8.5. Meltzer added that the acquisitions market has cooled off recently

    -Nick Khan is quoted as saying it would be difficult to sell to one media company while having deals with another. for instance, they couldnt sell to netflix but still have deals with NBC/USA and Fox. based on this, a sale would need to be done before the next media rights deals.

    -a Saudi purchase would bring a lot of PR heat, but Meltzer's points to the Saudis having bought Newcastle United and things being mostly business as usual since the purchase.

    -Dave doesn't see antitrust issues stopping a purchase if the Khan's are involved based on lack of action at stopping WWE's purchase of WCW, UFC's buying up Strikeforce

    -the lawsuit against WWE filed in Delaware claiming breach of fiduciary duty due to Vince coming back is unlikely to go anywhere unless the stock price tanks.

    -apparently Stephanie and Vince don't work well together, Nick Khan has been acting as a go-between to keep things running smoothly between them. Khan also acts as go-between for Vince and Triple H.



  • Registered Users Posts: 2,922 ✭✭✭Cherry_Cola


    It's smart for the Khans to show interest in buying this even if there's no real intent. I've worked in some big mergers and acquisitions and basically it would allow Tony to view the WWE's books in detail, including contract details which could be very valuable knowledge.



  • Registered Users Posts: 37,888 ✭✭✭✭PTH2009


    Thought we'd have a collection around here and buy the company but price tag a bit off target



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  • Registered Users Posts: 85,295 ✭✭✭✭JP Liz V1


    Could The Rock buy or is Disney an option?



  • Registered Users Posts: 2,922 ✭✭✭Cherry_Cola


    Too rich for the Rock, he'd need good partners. Disney, Apple, Amazon, Comcast, NBC, Saudis, Khans would also need partners, Netflix would be some of the main ones that could get involved. I work in one of these so half hoping we get it so I can swing a role over there for the laugh 😂



  • Registered Users Posts: 1,335 ✭✭✭OneEightSeven


    Meltzer's point about Newcastle is a false equivalence. Newcastle fans are delighted to get rid of Ashley - who was running the club into the ground - and become the richest club in the world. What can the rest of us football fans do about it? We can boycott the WWE but only Newcastle fans can boycott the club and as long as the Saudis buy success, then that's not going to happen.



  • Registered Users Posts: 11,179 ✭✭✭✭B.A._Baracus


    Apart from the Saudis, Disney is a potential buyer in my opinion. They already have a working relationship as wwe in the Philippines is on the Disney network.

    While Disney do own alot of companies that produce content for non-children (eg, Fox etc) alot of their bigger brands are. Marvel, Lucas Film, Pixar etc. WWE would slot right in to the Disney brand. They can afford it too.



  • Registered Users Posts: 6,695 ✭✭✭El Gato De Negocios


    Disney, like Netflix or Prime, are constantly looking for new content to keep subscribers. Guaranteed weekly new product as well as the vast back catalogue make it an obvious choice imo. "Saudi" aren't a media group by any stretch so them buying makes little sense imo.



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  • Posts: 2,799 ✭✭✭ [Deleted User]


    Musk, surely. Perfect fit for each other



  • Registered Users Posts: 485 ✭✭Pinkman


    On the latest 83 Weeks Eric Bischoff said he reckons Vince will only take the company private and not necessarily selling to Saudi or Endeavour but to keep his own share (around 38%) of the company and then he would need to raise around $4bn to buy out the outstanding shares based on it's current value. So could be a partnership with Saudi/Endeavour as oppose to him selling it to them.

    At this rate I'd be very surprised if we don't see Vince at either Raw30 or the Rumble.



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