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Zuffa Accepts $4.2 Billion Dollars For The UFC
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K1
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Zuffa Accepts $4.2 Billion Dollars For The UFC - 06-20-2016, 07:34 PM

According to flocombat.com the UFC will be purchased from Zuffa after a $4.2 Billion dollar bid has been offered from Dalian Wanda Group and Tencent Holdings. WME-IMG and the Kraft Group would act as the faces of the new ownership group in North America is whatís estimated.

Dana White will apparently be staying with the company, but the Fertitta brothers will no longer be owners of the UFC. Joe Silva and Sean Shelby will also stay as matchmakers in the UFC. It is uncertain when all of this will take place, but it is likely that everything will be announced at UFC 200.

The Fertitta brothers purchased the UFC back in 2001 for $2 million from Semaphore Entertainment Group. There was a point in time where the UFC was over $40 million in the hole during the Zuffa era, which led to UFC president Dana White searching for potential buyers.

Dana White revealed that he had some people interested in buying the UFC, but when he called CEO Lorenzo Feritta, he was told to hold off.

Looking back at it now, it looks like patience during their dark times with the UFC paid off for the Fertitta brothers.


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06-20-2016, 07:37 PM

Big money!
   
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06-20-2016, 10:07 PM

From a $2 million dollar purchase to that sale is incredible! I just hope the new owners don't 'F' it up!!


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"Why the fuck would I want your address?! Are you suggesting that we drink, fight or fuck?!! I would hope that that was not just another internet tough-guy threat....." K1
   
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Thumbs up 06-21-2016, 09:37 PM

Quote:
Originally Posted by *Bio* View Post
From a $2 million dollar purchase to that sale is incredible! I just hope the new owners don't 'F' it up!!
What a return on that $2 mill investment! Incredible!!!
   
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06-21-2016, 10:00 PM

That is incredible
How would you ever get that kind of investment back or how long?
   
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06-22-2016, 12:26 AM

The UFC is saying that the news about being purchased is false and are threatening legal action against those reporting it.

UFC denies report of $4.2 billion sale, threatens legal action against nosy MMA media - MMAmania.com


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