Vince McMahon, just back from exile, could have already sold his empire to a ruthless government that wants to use sports to wash its ills
In the event that Vince McMahon has indeed sold WWE to Saudi Arabia’s Public Investment Fund, well it’s something every fan was aware of for a time. While no deal has been officially announced or even discussed in any way, it’s been a whisper on the internet. Rumours of selling the company have become more pronounced in the past, however, after Nick Khan came to the fold (big deal-making is what he’s doing). Add that to WWE performing events at the Saudi Arabian embassy in Saudi Arabia -regardless of the flashing, screaming reasons to not go there -the connection was fairly easy to draw for anyone looking to understand the connections.
Sources: #WWE has been sold to
Saudi Arabia’s Public Investment Fund. The company will go back to being private. Unknown if Vince McMahon will return to head of creative but it is expected by some people.— Steven Muehlhausen (@SMuehlhausenJr) January 11, 2023
For what it’s worth, I’m told the Saudi deal is done and they’re taking the company private.
— Cassidy Haynes of Bodyslam.net (@Casshooole) January 11, 2023
There weren’t any dots that could be connected by anyone. While everyone knew that it was possible but it wasn’t the sort of thing that you felt any desire to investigate. Sure, horrible and disgusting entities do get together often however, no people spend their spare time thinking about possible couplings of bog creatures. It’s difficult to wrap your arms around without even thinking about how much industrial-grade soap you’d require to wash your arms.
It’s getting to me that we’d be better off starting this process, however.
The news on Tuesday about Stephanie McMahon resigning as co-CEO of WWE was barely able to be settled before Twitter was flooded with reports about Vince McMahon had already completed the sale of WWE for the Saudi PIF and that WWE would soon be privatized. There’s been no official announcement of either side regarding the reported deal, however, there was many of posts from well-known wrestlers suggesting that the deal was concluded — even though it was not clear if anything official was announced as of this point. There’s a rumble of smoke, say.
Then. Now. Forever. Together. pic.twitter.com/8dqr5reIiv
— Stephanie McMahon (@StephMcMahon) January 10, 2023
What we’ve learned to date
What is certain is: Stephanie McMahon is out. McMahon was back last year after a year-long absence leave and was a part of the rescue of WWE and was appointed co-CEO when her father had been forced into retirement and has now decided to leave the organization completely. It was announced shortly after her father, Vince was elected as WWE’s Chairman of the Board in a tinny vote on Tuesday. (Vince did not give up his majority part of the voting power within the company, and was reported to have has threatened to block any deal or TV deal unless they reinstated him on the company’s board.) Nick Khan is now WWE’s sole CEO and previously held the title alongside Stephanie.
This week, after the older McMahon unexpectedly came back (in an aggressive manner I would guess) to negotiate the deal to sell the business it was reported that the Saudis were believed to be highly keen. They were among the few names in such a prominent manner.
What does the news of the sale signify for WWE?
There haven’t been any official announcements as of yet, only a lot of rumors and buzz, and unconfirmed information. What will happen from here is anybody’s guess. Let’s just guess!
In light of the rapid pace of this information, if it turns out to be a deal with Saudi Arabia, it’s hard to believe that Vince had this in his wallet prior to sending the email to the WWE board of directors informing them that he was breaking the doors. If all this transpires, Vince has ripped his company of his daughters (and possibly his son-in-law) in order to sell it to an infamous as well as an oppressive government. That’s… seems to be in the character of.
The two TV contracts — Raw on Fox and SmackDown on Fox in addition to Rawon Comcast’s USA Network — are due to expire in less than a year and a quarter and negotiations will begin much earlier than the previous. Another significant benefit for WWE is its huge streaming library, as well as the “premium live-streaming” broadcast model that currently is hosted by the Comcast Peacock streaming service, as part of a rights agreement which is worth $1 billion. (Comcast has been viewed as a potential buyer for the company due to the amount of money it has already spent on WWE programming.)
The way negotiations could change for the rights to media, if the Saudis are the owners of the company, or do so in the future remains another mystery. The Saudis have a golf tour that is a newcomer, LIV, couldn’t locate any US media outlet for its events, partly because no broadcaster would like to be in the same country’s long history of human rights violations. However, it was a brand new franchise that was competing against the PGA Tour, whereas WWE is already a well-established business that is a top-rated earner in its field. However, some of its earnings might be affected by a deal with the Kingdom.
It’s also hard to comprehend whether the rumors about this deal are true it is unlikely that Vince will ever be armed by a bargain that doesn’t reinstate him as the king of the TV business. If the Saudi bid which, if indeed there was one is much more than anything else could have imagined matching, McMahon could have gotten many billion dollars from a multitude of bidders. However, some bidders might have insisted on staying with the current production and creative team, considering Vince’s infamous reputation as a sexual predator and the WWE’s recent surge in popularity after his departure in terms of audience and the general sentiment of fans and the talent. If the product actually is superior is entirely in the eyes of the eye of the beholder.
For everything else we don’t know what will happen to some of the company’s employees if the Saudis are the new bosses. LGBTQ+ wrestlers are certainly being scrutinized. The same is true for women’s roster, a few of whom have appeared in Saudi shows in the past but for those who have fully-fledged Saudi ownership could be an entirely different kettle of fish. This could be a morally indefensible leap for some of the most notable performers such as Sami Zayn, Kevin Owens as well as John Cena, who has been unable the opportunity to appear in Saudi performances or denied the right to perform (like Sami, because of his Syrian heritage).
There’s no reason to be shocked to learn that one of the vilest humans on Earth has been accused of doing one of the most awful things that could happen. This is a level of insanity that nobody would like to think about. Yet here we are, since the aspect of people who are this slick is that they will always become shittier.
Someone ought to have informed the architects of SoFi Stadium that “It never rains in Southern California,” by Tony! Toni! Tone!, wasn’t intended to mean anything literal. It was unfortunate that this didn’t occur prior to the college football national championship.
The song concerns the desire of a man to travel to see a lady. The woman who is there makes him so content that it seems like rainy days are not likely with her. A gorgeous song that is now playing in your head throughout the day. But when Southern California is perpetually in the grip of drought, it’s physically feasible for the rain to fall in the area. In the two years since SoFi Stadium has been open to the public, twice the possibility of inclement weather has caused problems.
The last time it happened there was the possibility of a delayed lightning event during a Los Angeles Chargers Week 4 Monday Night Football matchup against the Las Vegas Raiders. Monday night, a heavy rainstorm that swept through the Los Angeles area did not interfere with the game on the field. However, it created a huge problem for paying customers. The rain whipped across the concourses, which resulted in slippery surfaces that resulted in the fall of several people. Many of them required medical care.
SoFi was created as more than the most modern sports stadium. It took 40 years of litigation, bickering and relocations to be able to have a brand-new football stadium built in Los Angeles, the finished product had to leave an irresistible architectural footprint.
The creators have set out to create the best sports entertainment facility that anyone has ever experienced. When you’re tackling a project such as this it is best, to begin with, the natural advantages. In California, the benefits start by observing the sunshine.
It’s more out than it’s in and given the humidity levels are low in SoCal why not let most of it into the facility as possible? One of the ways that the architects decided to make the most of the natural sunlight was to create SoFi the world’s first outdoor and indoor stadium.
Its roof is covered by the whole area of the top of the stadium, while the area over the field is transparent. There is also an open-air space just a few levels higher than the end zones. This permits even more sunlight and the Santa Ana winds, to cool through the.
“No wall in this structure, so when you wander around, streaming sunlight into, it’s basically an outdoor patio that covers 22 acres,” Los Angeles Rams Chief Operating Officer Kevin Demoff told on Fox 11 LA in 2019.
It sounds great but nobody sits all day on a patio covered in the midst of rain and thirty miles per hour or more wind speeds.
Sometimes, California gets atmospheric rivers. These are water vapours that can be the length of a river and may be filled with just as (sometimes even more) water. They are then disposed of where the system is settled. Consider them as nature’s method to compensate for the months of time that the Pacific coast is able to go without rain.
California does not get them every year, and it’s been quite a while since the last big storm was seen — the most recent time was in the winter of the year 2019. In February, California got drenched with 18 trillion gallons of rain in just 19 days. There were some severe storms in 2017.
According to The Los Angeles Times, Los Angeles International Airport -located only a couple of miles away from the stadium — saw over than twice the average amount of rain from November. 2016 through Feb. 2017. The severe storms that hit the area were such that construction at SoFi Stadium was delayed, and it was not ready until next year. This is the reason why the Chargers were forced to extend their season in The 27,000-seat Stubhub Center.
Huge storms occurred just two winters apart from one the other. It could be an indication that the “covered patio” style isn’t ideal for a structure that is expected to house many thousands of people at the time of year when it’s most likely to be wet.
Evidently, the architects of the SoFi stadium didn’t get any advice and were able to construct an area that is unique. It’s quite an impressive experience to see the sparkling silver covering that covers the entire length of the stadium, with that transparent roof over the field. After entering the building is constructed with a transparent material that it lets the sun work its magic.
On a typical day, the style perfectly enhances its beauty in Southern California. It will help a person realize the meaning behind what Raphael Saadiq and Timothy Christian Williams were thinking when they wrote “It doesn’t rain on the coast of Southern California.”
The thing about music, however, is that they end in the event of sunny weather. Insanely focusing on an idea, or not paying attention to the warning signs that are real could result in people getting soaked and slipping around in a multi-billion dollar structure.
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