UFC tells employees that report of $4.2 billion sale is false

1 year ago by in Sports

A UFC spokesman on Monday shot down a FloCombat report that indicated ownership had accepted an offer of $4.2 billion to sell the company.

“FloCombat.com’s report indicating that the UFC has been sold is false,” Sholler said in the statement.

ESPN reported on May 9 that the UFC was in the advanced stages of talks to sell the company.

Jeremy Botter of FloCombat reported Monday that according to multiple unnamed sources, a group led by WME/IMG would purchase the UFC for $4.2 billion.

Botter reported that The Kraft Group, owned by New England Patriots owner Robert Kraft, is also part of the deal to buy the UFC. There have been rumors for several months about the potential sale, but none have been able to be confirmed.

If the UFC is sold for $4.2 billion, it would be the largest sports sale in history.

Ari Emanuel, the brother of Chicago Mayor Rahm Emanuel, is the co-chair of WME and is close with UFC top management, including White and the Fertitta brothers.

via yahoo

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