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<h3><a href="/go=news.detail&gid=194442" target="_blank">
Dana White on Bloomberg TV; UFC may sell stake
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<a href="/go=news.detail&gid=194442" ><img class="photo" src="http://img.mixedmartialarts.com/method=get&rs=57&q=75&x=27&y=11&w=310&h=165&ro=0&s=688DC6C7-1D09-6BFC-E5064E950050B704.JPG" /></a>
<strong class="ArticleSource">[bloomberg.com]</strong>
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<p>Sept. 30 (Bloomberg) -- Bloomberg's Greg Miles reports on the potential investment opportunity in Ultimate Fighting Championship, a mixed-martial arts sports organization. UFC President Dana White says it is considering selling a stake in the league. </p>
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Well, they got to fund the expansion to europe, asia/australia and mexico some how.
Are they going public? I would buy a few thousand shares.
if DW reads this please e-mail me. I think I convince our partners to give up 15% of this website for 15 % of the UFC, which seems about an even trade?
if DW reads this please e-mail me. I think I convince our partners to give up 15% of this website for 15 % of the UFC, which seems about an even trade?
Chris - if DW reads this please e-mail me. I think I convince our partners to give up 15% of this website for 15 % of the UFC, which seems about an even trade?
lol
Money troubles anyone?
Chris - if DW reads this please e-mail me. I think I convince our partners to give up 15% of this website for 15 % of the UFC, which seems about an even trade?
Chris- what are you one of those crazy Russians, next you'll be asking for a stadium
Archangel - Money troubles anyone?
We know the casinos are hurting ....
Steamfitter - Are they going public? I would buy a few thousand shares.
me too.
I am just laughing at the fact that Dana owns 10 percent and is selling 10-15 percent to someone however even though they may have more of a stake Dana said they should sit in the corner? LOL
totalwreckage - I am just laughing at the fact that Dana owns 10 percent and is selling 10-15 percent to someone however even though they may have more of a stake Dana said they should sit in the corner? LOL
good point!
TheTFC - worldfightfan - totalwreckage - I am just laughing at the fact that Dana owns 10 percent and is selling 10-15 percent to someone however even though they may have more of a stake Dana said they should sit in the corner? LOLgood point!That wasn't a good point at all. Dana is the President of the UFC - He's in charge. In addition to being the President, he also owns 10% of it. Until someone else is names President, anyone else who owns a part of the company can STFU.presidents of companies don't tell major stock holders to STFU ...
Build a stadium! and put our name next to yours! No! before it!
no! actually our name will encapsulate yours! M-1 Glob-UFC-al
how's it? Deal?
What? No? Dana is unreasonable!
TheTFC -presidents of companies don't tell major stock holders to STFU ...
Um. Yes they do. Especially when they are a major stock holder as well. Have you ever been involved in a business or are you just taking guesses right now? Jesus.
fact remains whether he is the president of the UFC or not that is a position he can be fired from. He has to please the shareholders and If I have a larger stake in the company than he does and he is running the company into the ground as the president his voice in the boardroom is not going to carry more weight unless he gets the owner in this case Fertitta to back him.
This thread title and this story by Bloomberg is VERY VERY VERY misleading.
I broke this story last night and can tell you the way it is presented in this story is misleading.
Watch the entire interview from Bloomberg and you will see my point.
Dana mentioned they turned down an offer for 1.2 billion dollars, and that they recieve offers all the time.
His answer shown in this clip was a response to repeated questions about offers.
If they are going public , then they would have to release revenue and more important netincome. I would love to know how much the UFC is making.
It also depend if they are just goin to just sell to another investor 10% to 15% , and if that person is going to be a silent partner or not. Who is selling their shares? are they all going to sell some of their? If thats the case then Dana is going to be the minor shareholder ( which he is now) and he is not going to have that much power.
^^^^^ This story and all the speculation is way off base.
Dana said they are not interested in going public.
In fact he said why would they want to listen to all those guys on the street that messed up the everything.
I could see how they could sell a stake to a private investor but I don't think they would be able to go public.
First responsibility is to the shareholders and wouldn't actions like not re-signing Hendo and cutting fighters that generate viewership and ultimately money go against that.
Pretty much why you don't see NFL teams public, that way they can make whatever roster changes they want without having to answer to shareholders and worry about devaluing the team.
LOL. You can tell Dana's joking so it's funny how serious some are taking it.