A Major Bidder Has Surfaced To Possibly Purchase WWE

There will be at least one investment group ready to pounce if WWE puts up for sale soon.

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Saudi Arabia's Public Investment Fund has surfaced as a potential buyer for the WWE,

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claims Michael McCarthy of Front Office Sports. The Public Investment Fund of

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Saudi Arabia is said to be in charge of $620 billion worth of assets.

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With LIV Golf, Saudi Arabia has already shook up the sports world.

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Buying the WWE would make a bold statement. According to LightShed

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Partners analyst Brandon Ross, "there's an infinite spigot of funds there, just like they did LIV."

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"On the basis of only those two [WWE events held in Saudi Arabia], the

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Saudis already contribute a sizable portion of the company's profitability.

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They are attempting to be current in the entertainment industry.

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