WWE Rumor Roundup: Vince McMahon & Seth Rollins' backstage meeting before RAW, surprising reason for press release, and more - 5th November, 2019

#2 Reason why WWE issued Saudi Arabia press release

WWE issued a press release on Monday, revealing that Vince McMahon's promotion had extended their deal with Saudi Arabia till 2027.

Many fans and pundits were surprised by the timing of the press release as WWE had just returned from the Crown Jewel PPV, which had quite a few issues away from the ring. According to Dave Meltzer of Wrestling Observer Newsletter, WWE's decision to put out that press release was to keep the company's stock from falling.

Following the Saudi Arabia PPV and the numerous rumours floating about, WWE's stock prices dipped, which would have worried the WWE management. The press release did not reveal anything new, but only reiterated WWE's deal in Saudi Arabia, where they will host two shows every year, with the deal going till 2027.

WWE have so far hosted four shows in Saudi Arabia in the last two years, the latest of them being Crown Jewel, which was held last Thursday.