WWE and UFC to MERGE in shock move but Vince McMahon will STILL be involved

In: Sport

WWE are set to be sold to UFC’s parent company Endeavour Group, reports suggest.

That is according to CNBC, who report that the wrestling giants and the MMA corporation will merge.

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Vince McMahon will still be involved in WWE after it’s sold to UFC’s parent companyCredit: Getty

Negotiations are advanced between Vince McMahon’s promotion and Ari Emanuel’s Endeavour Group.

A deal could be announced as soon as Monday, just one day after WrestleMania 39’s second and final night.

That means WWE and UFC will merge and form a new publicly traded company.

Endeavor will own 51 per cent, while WWE shareholders will get the other 49 per cent.

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The Endeavor will also give the wrestling giants an enterprise value of $9.3billion (£7.5bn).

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