WWE CEO Nick Khan appeared on CNBC this morning to discuss WWE’s 2022 earnings which were released on Thursday.
During the interview, he gave an update on when he thinks a sale of WWE might happen. This and to help negotiate WWE’s next TV rights deals are the reasons that Vince McMahon has claimed that he returned as the Chairman of the Board of Directors.
According to Khan, a sale will likely happen quickly, around “three months.” He added that they got a warm reception in the marketplace from people who seemed interested.
Khan added that McMahon would step away from the company for good if a buyer wanted him to do so.
.@WWE CEO Nick Khan says strategic sale will be quick: "Maybe three months"$WWE @CNBC @DavidFaber @CarlQuintanilla @MorganLBrennan pic.twitter.com/vRKyDjjNWn
— Squawk on the Street (@SquawkStreet) February 3, 2023
