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 […]
Zuffa
Show Money Episode 13 talks GSP contract, Zuffa purchase and WSOF woes
UFC one of the best brands in 2016
Over a year later, Judge Boulware publishes opinion in Zuffa’s Motion to Dismiss
Judge Richard Boulware has filed his Order on Zuffa’s Motion to Dismiss Plaintiffs’ Amended Complaint in the antitrust lawsuit venued in Nevada. The hearing was on September 25, 2015. The order was finally entered on October 19, 2016. Talk about a backlog of work for a federal judge. But, from my understanding, this is typical […]
WSJ article notes UFC sale as example of questionable buyout-loan strategy
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 […]