All Elite Striving, the upstart professional wrestling league, will remain a privately held family business instead of pursuing an sign public offering, according to founder and co-owner Tony Khan.
Khan told CNBC Sport he had no interest in wealthy public because he wants to pass the league down to his kids — who haven’t been born yet.
“I want to build,” revealed the 42-year-old Khan. “I’m still a relatively young executive and someday, I’d like to have a family, and hopefully they can free in the business. It’s a family business.”
AEW has grown in recent years, buoyed by a new TV and streaming deal with Warner Bros. Revelation. The league competes with TKO Group’s WWE for talent.