Carnys corner with bill would be great.
"So cyborg couldn't make 135 but is now fighting george Roop at 170! What the fuck? Buy it now!"
"So cyborg couldn't make 135 but is now fighting george Roop at 170! What the fuck? Buy it now!"
Oooooooh!!!Mr.@ErikMagraken,
If Zuffa sells before the conclusion of the anti trust lawsuit, do the new owners then become liable to pay the potential damages awarded in that case?
Also, did you watch Making a Murderer? Is Steven Avery guilty?
Good fucking point lol.
All this talk of selling the UFC... it's interesting in the light of the anti-trust suit....
Isn't the safe play for everyone to just wait for the results of the suit? I can't imagine either side wanting to gamble. A restructuring puts risk on Zuffa. Taking the company as-is puts risk on the buyer.
Rumors of potential UFC sale reveal their deep connections to financial world
By John S. Nash on Mar 24, 2016, 8:30a
On and off rumors about Zuffa selling the UFC have been floating around for a few years now. Last Thursday Bleacher Report (and former Bloody Elbow) reporter Jonathan Snowden commented on a new one when he tweeted that there were "strong rumors that #UFC in talks with China Media Capital to sell the promotion. Looking for a $6 billion valuation."
Are the rumors true? Honestly, I don't know, I've been unable to confirm it either way, just as I had been unable to confirm or rebut the previous rumors. True or not, the name China Media Capital is an interesting one because not only is it one that Zuffa should know very well, but it also demonstrates the connections the UFC has developed over the years amongst the movers and shakers of the financial world.
The rumored buyer, China Media Capital, is a private equity and venture capital firm that is based in Shanghai and has made a name for itself investing in media, technology and entertainment in and outside of China. It is also no stranger to big investments, having recently paid $400 million for a share of Manchester City and other soccer clubs and $1.25 billion for the rights to the Chinese Super League, the country's main soccer league.
Some fans may recall that there are a couple of connections between the UFC and the Manchester City Football Club. The UFC's current Executive Vice President and Managing Director of Europe, Middle East and Africa, Garry Cook, was previously employed as the football club's CEO. Manchester City is also owned by the Abu Dhabi United Group Investment and Development Limited. The Chairman of the ADUG is His Excellency, Khaldoon Khalifa Al Mubarak, who also happens to be the Chairman of the Abu Dhabi Executive Affairs Authority. The EAA owns Flash Entertainment, FZ-LLC, which in turns owns January Capital, an investment vehicle that bought 10% of Zuffa, LLC back in 2010.
Besides owning shares in Manchester City and the UFC, Al Mubarak is also the CEO of the Mubadala Development Company, a wholly owned investment vehicle of the Government of Abu Dhabi, which is where the UFC's new Chief Financial Officer, Nakisa Bidarian, was previously employed, having led the company's international real estate and hospitality investment and asset management.
The connections don't end there. The investment banking firm that advised China Media Capital on their purchase of a share of Manchester City is the Raine Group. The Raine Group and China Media Capital reportedly formed a strategic partnership "to leverage the industry and geographic expertise of both firms towards select investments in the sports, entertainment and digital media sectors." It was the Raine Group that advised Flash Entertainment when they bought a stake in the UFC (Goldman Sachs advised Zuffa on the deal). After that business deal the Raine Group began working directly with the UFC, putting together their exclusive deal with Draftkings.
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By John S. Nash on Mar 24, 2016, 8:30a
On and off rumors about Zuffa selling the UFC have been floating around for a few years now. Last Thursday Bleacher Report (and former Bloody Elbow) reporter Jonathan Snowden commented on a new one when he tweeted that there were "strong rumors that #UFC in talks with China Media Capital to sell the promotion. Looking for a $6 billion valuation."
Are the rumors true? Honestly, I don't know, I've been unable to confirm it either way, just as I had been unable to confirm or rebut the previous rumors. True or not, the name China Media Capital is an interesting one because not only is it one that Zuffa should know very well, but it also demonstrates the connections the UFC has developed over the years amongst the movers and shakers of the financial world.
The rumored buyer, China Media Capital, is a private equity and venture capital firm that is based in Shanghai and has made a name for itself investing in media, technology and entertainment in and outside of China. It is also no stranger to big investments, having recently paid $400 million for a share of Manchester City and other soccer clubs and $1.25 billion for the rights to the Chinese Super League, the country's main soccer league.
Some fans may recall that there are a couple of connections between the UFC and the Manchester City Football Club. The UFC's current Executive Vice President and Managing Director of Europe, Middle East and Africa, Garry Cook, was previously employed as the football club's CEO. Manchester City is also owned by the Abu Dhabi United Group Investment and Development Limited. The Chairman of the ADUG is His Excellency, Khaldoon Khalifa Al Mubarak, who also happens to be the Chairman of the Abu Dhabi Executive Affairs Authority. The EAA owns Flash Entertainment, FZ-LLC, which in turns owns January Capital, an investment vehicle that bought 10% of Zuffa, LLC back in 2010.
Besides owning shares in Manchester City and the UFC, Al Mubarak is also the CEO of the Mubadala Development Company, a wholly owned investment vehicle of the Government of Abu Dhabi, which is where the UFC's new Chief Financial Officer, Nakisa Bidarian, was previously employed, having led the company's international real estate and hospitality investment and asset management.
The connections don't end there. The investment banking firm that advised China Media Capital on their purchase of a share of Manchester City is the Raine Group. The Raine Group and China Media Capital reportedly formed a strategic partnership "to leverage the industry and geographic expertise of both firms towards select investments in the sports, entertainment and digital media sectors." It was the Raine Group that advised Flash Entertainment when they bought a stake in the UFC (Goldman Sachs advised Zuffa on the deal). After that business deal the Raine Group began working directly with the UFC, putting together their exclusive deal with Draftkings.
Read More
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Punch
Guest
I almost posted this here, now I am glad that I did not. You should get that spot for starting the discussion imo.Rumors of potential UFC sale reveal their deep connections to financial world
By John S. Nash on Mar 24, 2016, 8:30a
On and off rumors about Zuffa selling the UFC have been floating around for a few years now. Last Thursday Bleacher Report (and former Bloody Elbow) reporter Jonathan Snowden commented on a new one when he tweeted that there were "strong rumors that #UFC in talks with China Media Capital to sell the promotion. Looking for a $6 billion valuation."
Are the rumors true? Honestly, I don't know, I've been unable to confirm it either way, just as I had been unable to confirm or rebut the previous rumors. True or not, the name China Media Capital is an interesting one because not only is it one that Zuffa should know very well, but it also demonstrates the connections the UFC has developed over the years amongst the movers and shakers of the financial world.
The rumored buyer, China Media Capital, is a private equity and venture capital firm that is based in Shanghai and has made a name for itself investing in media, technology and entertainment in and outside of China. It is also no stranger to big investments, having recently paid $400 million for a share of Manchester City and other soccer clubs and $1.25 billion for the rights to the Chinese Super League, the country's main soccer league.
Some fans may recall that there are a couple of connections between the UFC and the Manchester City Football Club. The UFC's current Executive Vice President and Managing Director of Europe, Middle East and Africa, Garry Cook, was previously employed as the football club's CEO. Manchester City is also owned by the Abu Dhabi United Group Investment and Development Limited. The Chairman of the ADUG is His Excellency, Khaldoon Khalifa Al Mubarak, who also happens to be the Chairman of the Abu Dhabi Executive Affairs Authority. The EAA owns Flash Entertainment, FZ-LLC, which in turns owns January Capital, an investment vehicle that bought 10% of Zuffa, LLC back in 2010.
Besides owning shares in Manchester City and the UFC, Al Mubarak is also the CEO of the Mubadala Development Company, a wholly owned investment vehicle of the Government of Abu Dhabi, which is where the UFC's new Chief Financial Officer, Nakisa Bidarian, was previously employed, having led the company's international real estate and hospitality investment and asset management.
The connections don't end there. The investment banking firm that advised China Media Capital on their purchase of a share of Manchester City is the Raine Group. The Raine Group and China Media Capital reportedly formed a strategic partnership "to leverage the industry and geographic expertise of both firms towards select investments in the sports, entertainment and digital media sectors." It was the Raine Group that advised Flash Entertainment when they bought a stake in the UFC (Goldman Sachs advised Zuffa on the deal). After that business deal the Raine Group began working directly with the UFC, putting together their exclusive deal with Draftkings.
Read More
Crazy how much money is being thrown around everywhere on entertainment.
Maybe now we can see the GOAT martial artist step into the octagon
6 billion? Yeah right! Not worth it!
This makes me think if that UFC 200 card is going to be Nate vs Conor. Trying to cash out as much as they can before they sell the company off. Sorry it this was said before I posted this.
He should give up the comedy gig, because he's terrible IMO.
They wouldn't do anything except fund the next promoters if UFC sold.
They would be the Zuffa to whoever takes over.
That won't ever happen because any company to take over the UFC would be fools to operate under a different banner.
If Dana/Fertitta corp. Do sell, I highly doubt we will see immediate, dramatic changes in the way we absorb their product.
Who? Can't find the origin of this post but, yeah, Rogans a hack.
Rogan. I've tried to sit thru his routines and he's absolutely horrible to me.
His most recent specials haven't been as strong in my opinion, but I think his specials Talking Monkeys in Space and Shiny Happy Jihad are wonderful.
YELLING DOESN'T MAKE IT FUNNY!
I just can't take his comedy man. Maybe its just me, but I dont find any of it funny.
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Punch
Guest
The bit about the blue angels cracked me up.I just can't take his comedy man. Maybe its just me, but I dont find any of it funny.
His bit about the tiger escaping from a zoo was top notch.
only 11 million ppvs per year x's 20 years.How many PPVs do you have to sell per year to "earn back" the investment of $6bil (6 thousand million dollars) over 20 years?
thats if they only get 50% of the ppv price as they claim.
i highly doubt that
I wasn't saying there would be a name change. I can see why you thought that with my 'myspace to facebook' comment. What I was referring to was how people fled Myspace for Facebook shortly after News Corp (parent company to Fox News) purchased Myspace in 2005.
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