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 […]
Zuffa
UFC launches NY-specific clothing collection for UFC 205
The UFC announced that it is launching its first-ever event-specific product line for the promotion’s debut in New York on November 12th. The New York collection from Reebok features city-themed T-shirts, hoodies, hats and shorts for men and women. The price points range from $16-$50. All UFC 205 fighters will wear a unique kit designed […]
UFC to implement corporate discipline in cutting costs
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 […]