Despite growing concern regarding WWE‘s relationship with Saudi Arabia, the company just confirmed Crown Jewel will continue on as planned.
As WWE announced their Q3 earnings today, they also addressed the status of their November 2nd event. In their 2018 business outlook, WWE stated:
“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.”
As we previously reported, four U.S. senators called for WWE to re-think their relationship with the Saudi government. Pre-show panelist Sam Roberts also spoke out, saying the event should be moved.
For those unaware, Washington Post columnist Jamal Khashoggi was reportedly assassinated in the Saudi consulate in Turkey over two weeks ago. The team of people who allegedly murdered him reportedly dismembered his body with a bone saw at the order of the highest levels of the Royal Court.
This prompted WWE to release a statement saying they were monitoring the situation.
We’ll keep you updated if WWE makes any additional comments.