Sale of UFC completed

The reported UFC sale has now officially been completed.

In the early hours of Sunday morning, Chris Maathuis of the Las Vegas CBS affiliate KLAS-TV reported that an offer from an ownership group consisting of talent agency William Morris Endeavor, International Management Group, and private equity group MSD had been accepted.

The Fertitta brothers, Lorenzo, and Frank purchased the company back in 2001 for $2million, but Lorenzo is now set to step down as CEO. He and Frank will reportedly remain on as minority owners.

Dana White’s involvement with the company will stay exactly the same, according to Brett Okamoto of EPSN.

UFC is yet to make an official announcement but are expected to at some point today.

Leave a Reply