The UFC has officially sold as first reported by Darren Rovell. Forbes.com received confirmation from a WME spokesperson Monday afternoon. The sale for $4 billion means that the Fertitta brothers will cash out nearly $870 million in post-tax cash according to Forbes.com. The Fertitta brothers will not be involved in the day to day operations […]
Zuffa Sale
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 […]
WME-IMG to acquire UFC per official release
As we all knew last night, the announcement was made official this morning. WME-IMG announced the acquisition of the UFC per its own press release. The release is below: BEVERLY HILLS, CA (July 11, 2016) – WME | IMG today announced the acquisition of UFC, the world’s premier professional mixed martial arts (MMA) organization. A […]