WWE announced on Thursday that Crown Jewel will take place in Saudi Arabia as planned, but Vince McMahon didn’t want to talk about it afterwards on the Q3 earnings call.
The first question during the Q&A portion of the third quarter earnings call this morning asked Vince to walk everyone through his thought process in deciding to continue on with Crown Jewel.
“We’re not going to talk a lot about that,” McMahon replied. “It’s a very sensitive subject. I think our statement says what we wanna say.”
As we previously reported, the WWE statement says:
“WWE has operated in the Middle East for nearly 20 years and has developed a sizable and dedicated fan base. Considering the heinous crime committed at the Saudi consulate in Istanbul, the Company faced a very difficult decision as it relates to its event scheduled for November 2 in Riyadh. Similar to other U.S.-based companies who plan to continue operations in Saudi Arabia, the Company has decided to uphold its contractual obligations to the General Sports Authority and stage the event. Full year 2018 guidance is predicated on the staging of the Riyadh event as scheduled.”
Listen to the audio of Vince dodging the Crown Jewel discussion below.
Here’s audio of both of Saudi Arabia-related segments during today’s Q3 WWE investor call.
Most notably, Vince McMahon to BTIG's Brandon Ross: "We're not going to talk a lot about that; it's a very sensitive subject these days, naturally.” pic.twitter.com/hcSAvHvHwI
— David Bixenspan (@davidbix) October 25, 2018