Electronic Arts has officially completed its reported $55 billion sale to Saudi Arabia and a wider investor group that includes Jared Kushner, shifting attention from the deal itself to what comes next. The key issue now is how the company handles the debt tied to the leveraged buyout.

Reports say EA is aiming to remove about $700 million in annual costs. That points to a major efficiency drive as the new ownership structure looks to stabilize finances and meet debt obligations created by the takeover.

Because EA is the company behind Battlefield and other major game franchises, any aggressive cost-cutting plan is likely to draw close attention across the industry. Investors and employees will be watching to see whether the savings come from internal restructuring, project changes, or broader operating reductions.

The deal’s closing marks the start of a more difficult phase for the publisher. With the acquisition finalized, the pressure now moves to execution: reducing expenses, servicing debt, and proving the new ownership can manage one of gaming’s biggest companies under a far tighter financial framework.