The Wall Street Journal reports on the UFC sale and how the structure of the deal is being seen as too liberal with adjustments to earnings which enables more borrowing for transactions. The Federal Reserve had warned Goldman Sachs (Deutsche Bank AG is also a lender) the entity that marketed the debt to investors, of […]
Zuffa
Show Money Episode 13 talks the PFA and its potential to unionize UFC fighters
Moody’s details UFC Holdings, LLC acquisition
In a press release sent out last week, Standard & Poor’s Global assigned a rating for the debt involved in the acquisition of the UFC by a group led by WME-IMG. Moody’s Investor Service has sent out its own press release with more details related to the leveraged debt in the acquisition. Per the July […]
UFC Holdings, LLC issues credit facility, given ‘B’ rating, outlook ‘negative’ per S&P Global
Per a Standard & Poor’s Global press release Friday UFC Holdings, LLC will issue a $1.45 billion first lien credit facility. The company was assigned a ‘B’ rating on the WME-IMG acquisition. The outlook is projected as negative per the Standard & Poor’s Global Ratings report. The financing for the deal to acquire the UFC […]
SBJ provides details of UFC deal
The Sports Business Journal took a deep dive into the UFC’s sale to WME-IMG. The article looks into the revenue drivers that had the acquisition price of $4 billion. The purchase price of $4 billion represents a 22 multiple of the UFC’s earnings before interest, taxes, depreciation and amortization. On $600 million in gross revenue […]