The Ultimate Fighting Championship, which Station Casinos’ Fertitta brothers took from a fringe company as soon as described by John McCain as ‘human cockfighting,’ to a sports that are global, happens to be sold by the brothers for $4 billion.
The championships owner that is https://rubetting.club new US talent agency WME-IMG, that has been backed in the deal by private equity teams Silver Lake and KKR, since well as the family investment office of Michael Dell, founder of Dell computers.
The Fertittas, who can retain minority that is passive in the company, paid simply $2 million for the brand and its assets in 2001, at a low point for the championships.
Becoming a Heavyweight
UFC was dogged by accusations of brutality and vilified by politicians at the time, maybe not least of that was U.S. that is senior Senator McCain from Arizona, whom helped persuade 36 states to ban ‘no-holds-barred fighting’ and pay per view companies to remove it from their schedules.
It was banned in New York just before UFC 12 was due to kick off, forcing organizers to find a new venue, in Alabama. New York only lifted that ban previously this year.
But under the Fertittas’ stewardship, UFC gained a new degree of respectability as promoters worked with state athletics commissions to impose brand new rules that curbed a number of its previous excesses, letting it devel Continue reading UFC Sold for the Eye-Gouging $4 Billion. The Fertittas have offered