Endeavor CEO Rules Out Buying WWE

One prospective buyer of WWE is off the table.

Speaking at a Q4 2022 earnings call, Endeavor CEO Ari Emanuel revealed the organisation wouldn't be doing anything that would change their leverage position at the moment.

"As it relates to WWE, it's an unbelievable product. Vince, you know, created a great business. We've had a longstanding relationship with them over two decades. We're doing on-location business with them, streaming business with them, his business is really valuable. But we're not going to do anything as it relates to changing our leverage position right now," Emanuel said.

Endeavor - the parent company of UFC - had been mentioned as a potential buyer of WWE. The organisation has been up for sale since Vince McMahon forced his way back into WWE to facilitate a sale, with the 77-year-old having been elected as Executive Chairman in early January. Recent reports have noted that McMahon wants $9 billion to sell WWE.

H/T to F4W Online