Zuffa Sale

Fed gives second reprimand to Goldman over UFC deal

December 2, 2016 by Jason Cruz 22 Comments

Bloomberg reports that Goldman Sachs Group Inc. (Goldman Sachs) has been reprimanded by Federal Reserve regulators for the second time due to its debt deal to purchase the UFC for $4 billion. Regulators consider the loans as “substandard.” In addition to Goldman Sachs, Deutsche Bank AG, which was the lead underwriter for the junior portion […]

UFC to implement corporate discipline in cutting costs

October 28, 2016 by Jason Cruz 23 Comments

MMA Junkie reports on a document the site obtained regarding the acquisition of the UFC by WME-IMG. The information reveals cost-cutting on the part of the new owners. According to the document, the purchase price for the UFC was $3,775,000,000 with $200 million going to banker fees and other expenses. As outlined by a Moody’s […]

Show Money Episode 13 talks GSP contract, Zuffa purchase and WSOF woes

October 27, 2016 by Jason Cruz 1 Comment

It’s another episode of Show Money with Bloody Elbow’s Paul Gift and John Nash. In this episode, we talk GSP’s contract dispute, the WME purchase and WSOF’s troubles.

UFC one of the best brands in 2016

October 26, 2016 by Jason Cruz 7 Comments

Forbes.com reports on 2016’s 40 best business brands. The UFC ranks 6th as one of the best brands for 2016. Nike topped the list with a current brand value of $27 billion which is up 3.8% from last year. ESPN came in second with a brand value of $16.5 billion despite being down almost 3% […]

WSJ article notes UFC sale as example of questionable buyout-loan strategy

October 17, 2016 by Jason Cruz 14 Comments

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 […]