Things took a turn hours after Stephanie McMahon’s resignation, as reports circulated that Saudi Arabia’s Public Investment Fund was in active talks to buy WWE outright. Beyond that, reports claimed that a deal with Saudi Arabia had been “agreed to in principle” but awaited approval due to pending “legalities.”

Conflicting reports came to the surface this morning. Brandon Thurston of Wrestlenomics reported that he spoke with someone at WWE “who would know” and they communicated to him that WWE and Saudi Arabia being “near a deal to take the company private is untrue.” Ariel Helwani also reported that “there is no deal in place” for WWE to sell to Saudi Arabia and that the company is “still exploring all options.”

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