HAVE $4 BILLION LYING AROUND? THE UFC IS UP FOR SALE!

UFC UP FOR SALE?

dana white, lorenzo fertitta selling uFC

We are huge fight fans over here at Thrill Blender. So when we got word the UFC was up for sale, we checked our bank statements. Unfortunately for us, we can hardly pay our hosting, so it looks like a purchase on our end is a pipe dream. However, it appears the owners of the UFC are moving forward on plans to sell the largest fight promotion company in mixed martial arts.  But is this a good or bad thing for fight fans and the fighters signed to the company? Only time will tell.

ESPN reported on Tuesday that the “owners are in advanced talks to sell the business.” So far reports suggest that there are four serious buyers in the mix to purchase the UFC including WME/IMG, China Media Capital, The Blackstone Group and Dalian Wanda Group.

Since the UFC is a privately held company their finances don’t have to be disclosed. However, Lorenzo Fertitta told CNN last year that the UFC brought in about $600 million in revenue in 2015. So if they decide to cash out then we are looking at a company with  a valuation estimated between $3.5 billion and $4 billion. Cha-Ching$$!!!

Bonus:
Dana White addressing UFC sale, plus the Conor Mcgregor and Floyd Mayweather fight.

 
 
Loading...

Popular :