WWE Crown Jewel will remain in Saudi Arabia as planned

Jamal Khashoggi

"Jamal's family needs a place to be together where they feel safe to mourn their beloved one", said Randa Slim, director of conflict resolution at the Washington-based Middle East Institute, who knew the slain journalist personally.

"Considering the heinous crime committed at the Saudi consulate in Istanbul, the Company faced a very hard decision as it relates to its event scheduled for November 2 in Riyadh".

Several U.S. government officials, including Senators Chris Murphy and Richard Blumenthal (from CT, where WWE is based), Bob Menendez (New Jersey), Lindsay Graham (South Carolina) and Chris Coons (Delaware) had encouraged WWE to postpone the event or reconsider its relationship with Saudi Arabia.

In a preliminary action against the 21 top Saudi Arabia officials indicted, U.S. has revoked their visas and diplomatic immunity, United Kingdom followed suit by revoking those suspected to be directly or indirectly involved in the brutal murder of self-exiled & Washington Post columnist Jamal Khashoggi. "Considering the heinous crime committed at the Saudi consulate in Istanbul, the Company faced a very hard decision as it relates to its event scheduled for November 2 in Riyadh", WWE said in the report.

Later in the earnings release, WWE noted that it "is continuing to monitor ongoing developments in the region, and there can be no assurances in this regard". The wrestling promotion seems willing to incur the derisive cost that comes with their decision. The WWE website has the event time still confirmed for next Friday afternoon starting at noon EST, but mentions of Saudi Arabia have not been added to the match preview at the time of this writing.

Turkey had been especially skeptical of that claim, and Turkish President Recep Tayyip Erdogan stated earlier this week that Khashoggi was "brutally murdered" in a Saudi operation, as NPR reported.

Turkey dismissed the Saudi assertion of an accidental death and has pressed the kingdom to concede Khashoggi was deliberately targeted for death. In the search for the body Jamal Khashoggi continues in the south forest of Istanbul and the refusal of Saudi Arabia Consulate in Istanbul for Turkey Fire Fighters officials to search a well in the Consul General residence, the diplomatic vehicle seen combing the forest of Istanbul a day before Jamal Khashoggi's "choked-up" by the 15 killing "rogue elements" squad during "interrogation that gone wrong" in the consulate, the consulate diplomatic auto left behind in the underground auto park in Istanbul with a computer and clothes.

While WWE's event certainly lacked any connection to the crime, the company's political stance has often been questioned by critics due to Trump's inclusion in the WWE Hall of Fame and the subsequent appointment of Linda McMahon, wife of WWE chairman Vince McMahon, by Trump to run the government's Small Business Administration.

Given that information, it's understandable why a lot of WWE fans, in particular, the American fanbase - are not happy with WWE dealing with Saudi Arabia.

While Vince McMahon would appear unconcerned with the mountain of negative publicity surrounding Crown Jewel, the real story to watch heading into the new year will be the reaction by WWE investors, as well as the overall stock price, which has dropped almost 18% since the start of October.

Tickets for the event were previously scheduled to go on sale last week, but the on-sale date was postponed without a reason announced.

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