The UFC has denied for the 3rd time they’ve sold the company!
After a number of months of reports citing possible sale and estimating UFC’s worth at $4.2 billion it seems an official denial was in store.
The email sent to all UFC employees has been obtained by MMA Junkie, and it further hints legal action against media outlets.
“A report today by FloCombat.com indicating that the company has been sold is false. This follows other false speculation in the press recently.”
“Such misrepresentation of facts in the media negatively impacts our business, staff members and athletes. We have instructed our attorneys to investigate and take all appropriate legal actions against the parties publishing and contributing to these false stories.”
“With International Fight Week and the historic UFC 200 rapidly approaching, we look forward to once again delivering a series of events that our fans won’t soon forget. We appreciate your hard work, diligence and commitment, and thank you for your focus as we continue to take the sport to new heights.”
While this has some credibility it’s obviously a very large deal and UFC has a history of publicly denying correct reports as well as conflicting relationships with media outlets.
The latest report once again confirmed that the sale includes the entire company but with Dana White staying an employee and getting slight bump in shares.
UFC was allegedly sold to WME- IMG/Dalian Wanda/Kraft Group/Tencent Holdings over China Media Capital bid. A new CEO will be selected to handle emerging international businesses; the name FloCombat who broke the latest story was told is Garry Cook, the former head of the Manchester City football club.
#UFC200 is the biggest event in UFC history for good reason. Check out some historic facts about each fight ⬇️https://t.co/sURUykqzlz
— UFC (@ufc) June 20, 2016
