Dalian Wanda is a Chinese conglomerate who just so happens to be the world’s largest private property developer and owner, as well as the owner of a number of large global cinema chains (including Hoyts). Rumors have been flying everywhere that the company has been sold, the mixed martial arts juggernaut UFC that is.
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When the prospect of selling was put to UFC President Dana White at the time he refused to rule it out, instead he insisted that if an offer of around $4 billion was tabled they may be willing to talk.
Naturally, comedian Jim Norton and retired UFC fighter Matt Serra were wondering if their first interview with UFC President Dana White was going to be their last.
According to multiple sources with access to Monday’s internal memo to Zuffa employees, Lorenzo Fertitta strongly denied the FloCombat report and threatened potential legal action for publication and dissemination of false information that is detrimental to the UFC’s business operations.
If these reports are true, and it’s likely that they are, it now comes down to whether the new owners will make any major tweaks to the sport. To persuade the influential figure to stick around in his current position, the Flo Combat report has revealed that the investment group would grant White a new ownership stake.
Overnight, seasoned combat sports scribe Jeremy Botter reported that Zuffa LLC, the UFC’s long-time parent company, has sold the sports league to a group helmed by several billion-dollar agencies.
Not only did he cash in on the UFC’s whopping $4.2 billion sale to new ownership, he gets to keep his job as the face of the company.
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Also, White only owns nine percent of the company, so it’s really the Fertitta brothers that are waiting to collect their pile of money.
