WWE BUSINESS: Saudi Arabia to enhance current WWE deal to bring a major premium live event to the country


Posted on 5/08/124 by Colin Vassallo



Turki Alalshikh, the Chairman of the General Entertainment
Authority in Saudi Arabia, has told ESPN‘s Mike Coppinger
that an enhancement to the current 10-year deal with WWE
will be announced soon at the King and Queen of the Ring
tournament.

The enhancement will include to bring one of the big five
premium live events to the country, most specifically the
Royal Rumble or WrestleMania.

In addition, Alalshikh also said that Riyadh Season will
sponsor the UFC 306 pay-per-view from the state-of-the-art
location of The Sphere in Las Vegas, the first sponsorship
of its kind from Saudi.

Saudi Arabia will also host Tyson Fury vs Oleksandr Usyk for
the Undisputed Heavyweight title in Riyadh a week before
King and Queen of the Ring.

“We will do big things with the UFC and TKO,” Alalshikh
said.

The Saudi deal with the UFC was facilitated by former TKO
Executive Chairman Vince McMahon.

The current WWE deal sees Saudi pay around $50 million per
show.

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