Endeavor files to go public

Underground
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Endeavor Files to Go Public.

 
 
https://www.hollywoodreporter.com/news/endeavor-files-go-public-1213239
 

Insiders have said it is angling to raise roughly $500 million at a valuation of more than $6 billion.

 
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So long to our beloved sport.

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So for the dumb dumbs like myself....how will this affect the ufc?

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Full SEC filing:

 

https://www.sec.gov/Archives/edgar/data/1766363/000119312519155034/d681105ds1.htm#tx681105_15

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This means we can all own parts of the ufc 

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Kings21 -

So for the dumb dumbs like myself....how will this affect the ufc?

-There will be a bunch of idiots with power wanting to run the ufc their way.

-If you thought this wasn't a true sports league before, now it will be complete sports entertainment.

-Anybody saying anything or acting in a non p.c. way will have to get fired because that's what public companies do.

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^^^ i wanna stick my cawk in dustins stoma gash

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Carl Sonnen - I knew that's where all this was going. No wonder they are continually fagging the UFC up with chick fights and other epic gheyness. Too bad the old gladiator vibe is gone. Maybe this will open up room for a competitor. I feel sorry for anyone who buys this turd stock except maybe at an extreme discount during a crash. Maybe.

yup...

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I bought IFL stock and never even got my stock certs when I asked for them.

No way am I going to waste money on UFC stock with it's current owners and the direction they are taking.

This is a sport and I refuse to support it moving away from that.

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They may have a successful IPO as the bankers and some investors will find it "sexy" to be affiliated with "Hollywood" and the "UFC"... 

But I do know that the UFC side was Grossly overvalued.   Would need to look over the agency side's numbers to see if the whole thing is a turd or not.

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This is the final nail in the coffin! RIP WME-IMG ESPN UFC! 

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Mutant -

This is the final nail in the coffin! RIP WME-IMG ESPN UFC! 

Why?

whats changed, they've done everything they've can to turn a profit since the day it was formed so what exactly is going to change? If anything this will open the books for fighters to see how little they are making and demand more.

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I wonder the reasoning for this.  Raise money to pay debt?

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https://www.fool.com/investing/2019/05/24/endeavor-which-owns-ufc-and-miss-universe-pageant.aspx

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Huh? Wasn't the ufc valuation 5bil? So either ufc value has declined or endeavor wasn't worth much relatively speaking. 

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Interesting:

 

 For the year ended December 31, 2016, Zuffa's consolidated revenue and net loss included in the consolidated statement of operations from the acquisition date were $341.6 million and $101.4 million, respectively.

Income before income taxes includes the following components for the period from January 1, 2016 through August 17, 2016 (in thousands): 

United States

  $24,404

Foreign

(1,051)

Total

  $23,353

 

 

 

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Bring back the fucking theme song I dont care if stenn has to make a guest appareance every 5th ufc I need that greasy 2000's era nu-metal fueling my urge to watch violence. 

TIME 2 END THIS SUFFERING. I NEED A MOMENT 2 MYSELFSOI CANFEELTHISPAIN.