The ever-outspoken Eric Bischoff commented Tony Khan possibly buying WWE. He went into great detail about it on his podcast, “83 Weeks.” For those who don’t know, WWE is up for sale. Leading contenders including Saudi Public Investment Fund, Comcast, & Disney. Tony and his father are happy to throw their hat in the ring.
This is what Eric Bischoff said, “Acquiring WWE is, that’s a big, giant move. I don’t see it. Now, could it happen? Sure, anything is possible. But if you really think about it, does the Khan enterprise have the experience, knowledge, infrastructure, ability to run a company as complex as WWE? … They may be in the same business, but they don’t live and play in the same universe.”
Eric Bischoff wonders if they have enough liquid money for the concept. “This isn’t Tony Khan’s money, it’s Tony Khan’s father’s money. Family money, Tony has a big chunk of it, obviously part of it, but how much of your 11 billion dollars of your net worth, depending on how much of it is even liquid, are you willing to put on WWE? Just like Vince [McMahon] would probably have to put up half a billion dollars of his own money because they [Khan family] want to see that, okay.”
“If you’re going to lead this charge and we’re going to jump on your team here to do this and make this acquisition, we want to know that you have skin in the game too. We are not just buying your name and your reputation, they want to know that you’re in it to win it, and the same would be true with the Khan family.”
Could Tony Khan buy WWE? Is Eric Bischoff right in his concerns?
Visit our Facebook!