UFC's ownership group has agreed to sell nearly its entire stake in the mixed martial arts company to the WME-IMG group for $4 billion, the "We've been fortunate over the years to represent UFC and a number of its remarkable athletes," said WME | IMG Co-CEOs Ariel Emanuel and Patrick Whitesell said in a press release.
Flash Entertainment was … White, who owned 9 percent of UFC, will stay on and be given a stake in the new business.
Other stakeholders include investment firms Silver Lake Partners, KKR & Company, and MSD Capital, as well as longtime UFC President Dana White.Shortly after acquiring UFC, Endeavor invited nearly UFC rewarded the celebrity investors with a $300 million dividend earlier this year, according to the New York Post.
"It's been exciting to watch the organization's incredible growth over the last decade under the leadership of the Fertitta brothers, Dana White and their dedicated team. The organization produces more than 40 live events annually and is the largest Pay-Per-View event provider in the world, broadcast in over 156 countries and territories to more than 1.1 billion television households in 29 languages. Today, after the initial report from The Wall Street Journal, the promotion unveiled the complete list of superstars who have an ownership stake in the world’s leading MMA organization..
"No other sport compares to UFC," White said in a press release. Typically, startups go through multiple rounds of funding, and with each successive round, the founder's ownership percentage shrinks. The Fertitta brothers, the UFC’s former majority owners with a combined 81% stake, will retain a small ownership interest in the company despite handing over the … "From the moment Zuffa, LLC purchased UFC over 15 years ago, you, the athletes, have always been the central focus of the promotion.
José Aldo is a Brazilian mixed martial artist in the UFC. The Abu Dhabi government still owns 10 percent of UFC as … Velasquez is joined by Rey Mysterio to give his thoughts on his upcoming WWE match with Brock Lesnar at Crown Jewel.It was once a subsidiary of holding firm Zuffa, but UFC was sold to a group led by talent agency WME-IMG for $4 billion in 2016.
The Fertitta brothers, the UFC’s former majority owners with a combined 81% stake, will retain a small ownership interest in the company despite handing over the …