Chavo Guerrero possibly being sold to the Saudis weighs in on WWE – Wrestling Inc.

Many have weighed in on the idea that Vince McMahon’s return to WWE could lead to him selling the company to a public investment fund in Saudi Arabia. Rumors about such a sale swirled around social media Recently in A new interview with Wrestling Inc. Senior News Editor Nick HousemanFormer WWE star and current pro wrestling trainer Chavo Guerrero shares his thoughts on the possibility of an international sale and what it could mean for the future of pro wrestling’s top company.

“Look, Vince is a businessman,” Guerrero said. “I’ve always said it. He’s a guy who’s putting a lot of personal issues aside. It might take him a minute, but eventually he does it when he sees green. It’s about putting dollars in the bank. So you’ve got the Saudi investment fund. Which is worth about $417 billion, I don’t know. So three, four, five billion dollars to them isn’t really a lot. It would be like me having $417,000 and spending a $5,000 check. It’s nothing. To them, it’s like, well, great. “

However, Guerrero raised a number of red flags about how seriously such an owner would treat the historic promotion, which has been the top international brand in the business since McMahon bought the then-WWF from his father in the early ’80s. Reports have since shot down rumors that McMahon has reached a deal with the Saudis to buy WWEbut A sales prospect remains top of mind For many in business. “What happens when [the Saudis] Take it?” “They took it and it’s a toy to them,” Guerrero asked. Do they just not care, they just play with it? Are they really serious about making money off of this stuff?”

Source link

Leave a Reply

Your email address will not be published.