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 […]
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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 […]
Zuffa to Hold Seminars for Fighters
Dave Meltzer of the Wrestling Observer Observer reported in last week’s edition that Zuffa is planning to hold a seminar for all of its contracted fighters sometime in November: The company is going to be bringing all the fighters under contract in (about 250 in all) for a series of seminars in November. The seminars are […]
S&P Report on Zuffa – Analysis
Today, Standard & Poor’s released its latest credit report on Zuffa LLC that documented the corporation’s latest financing initiatives. Below is a summary of the report’s action: Zuffa requested an additional $100 million in incremental term loans to help pay off part of the existing revolving credit line and fund a dividend to the owners […]