First on CNBC sat down with Dana White and Lorenzo Fertitta to talk about the latest financial news concerning Zuffa: the sale of 10% of the company to Abu Dhabi-based Flash Entertainment. Payout Perspective: The 10% share in Zuffa wasn’t directly sold, but rather the existing positions of the Fertitta brothers and White were diluted […]
financial
Lorenzo Fertitta Confirms Zuffa Stake Sold
In an interview with the Canadian Press, Lorenzo Fertitta confirms that he, his brother Frank, and Dana White have sold a 10% stake in Zuffa to Flash Entertainment, a subsidiary of the Abu Dhabi government. LAS VEGAS — An Abu Dhabi-owned entertainment promotion company has bought a 10 per cent stake in the Ultimate Fighting […]
Xyience Bankruptcy Update
John Edwards of the Last Vegas Review-Journal gives an update on the financial health of Fertitta-owned and well-known UFC energy drink partner Xyience. In a lawsuit filed in bankruptcy court Tuesday, Xyience liquidating trustee David Herzog of Chicago accuses Fertitta Enterprises, whose family members own the Ultimate Fighting Championship and have a minority ownership in […]
Report: Zuffa Sells Stake to Sheikh Tahnoon of Abu Dhabi
Cory Brady of FiveOuncesOfPain breaks the news that Zuffa has sold a minority stake to Sheikh Tahnoon Bin Zayed Al Nahyan: FiveOuncesofPain.com has recently received reports from multiple sources extremely close to the situation indicating that the UFC has recently sold a minority percentage of the company to Sheik Tahnoon Bin Zayed Al Nahyan, the son […]
Rumour: Don Quijote to Buy FEG’s MMA Division
Zeus Tipado of MiddleEasy.com discusses the plans for a Japanese discount store to purchase FEG’s MMA division, which includes Dynamite!! and Dream. Now it’s being reported that the president of Don Quijote, Yasuda, set up a meeting between FEG to enable this Sengoku vs. Dream co-promotion as an attempt to strengthen Japanese MMA. Initially, Sadaharu […]