Official MMA Thread

NCRadioMan · 10-19-2009, 05:01 PM

UFC owners considering selling stake of company

Dana White has appeared on Bloomburg T.V and stated that part of the UFC is potentially up for sale to the right buyer.

Apparently the Fertitta brothers, who each have a share of about 40% of the company are considering letting between 10 and 15% of the company be sold. White himself owns a 10% share, and acts as the UFC president, although the Fertittas are the real controllers of the company.

White says in the interview that the partner would essentially be a silent investor, and wouldn't have much of a say in the actual running of the company itself. Before anyone out there gets any ideas about getting a piece of the UFC for themselves they will probably need a couple of hundred million dollars spare that they don't need.

What should be made of this news isn't that clear in itself. The Fetittas are facing large losses with their failing casino empire, although the UFC alone is making hundreds of millions per year, so they probably aren't hurting for cash just yet. They famously bought the UFC for a couple of million dollars only a few years ago, and might just be getting a cash injection to help grow the brand more quickly. Given that they might not have much income coming in at the moment except from the UFC itself, a large injection of capital might be what they need to take the brand into even more homes and countries.

10-19-2009, 05:01 PM	#11
NCRadioMan Chutney Lovebusciut Join Date: Oct 2008 First Name: Chutney Location: On the shores of Loch Shiel Posts: 4,277 Trading: (66)	Re: Official MMA Thread UFC owners considering selling stake of company Dana White has appeared on Bloomburg T.V and stated that part of the UFC is potentially up for sale to the right buyer. Apparently the Fertitta brothers, who each have a share of about 40% of the company are considering letting between 10 and 15% of the company be sold. White himself owns a 10% share, and acts as the UFC president, although the Fertittas are the real controllers of the company. White says in the interview that the partner would essentially be a silent investor, and wouldn't have much of a say in the actual running of the company itself. Before anyone out there gets any ideas about getting a piece of the UFC for themselves they will probably need a couple of hundred million dollars spare that they don't need. What should be made of this news isn't that clear in itself. The Fetittas are facing large losses with their failing casino empire, although the UFC alone is making hundreds of millions per year, so they probably aren't hurting for cash just yet. They famously bought the UFC for a couple of million dollars only a few years ago, and might just be getting a cash injection to help grow the brand more quickly. Given that they might not have much income coming in at the moment except from the UFC itself, a large injection of capital might be what they need to take the brand into even more homes and countries. __________________ The path to loyalty is trust.