celebrities bet on ufc investment
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Among the league

Celebrities bet on UFC investment

Arab Today, arab today

Arab Today, arab today Celebrities bet on UFC investment

UFC produces more than 40 live events a year that are broadcast in over 156 countries
New York - Arab Today

UFC, the US-based mixed martial arts juggernaut, said Friday that more than 20 top celebrities from the worlds of sports and entertainment have piled in as investors. Among the league's new investors are tennis star sisters Serena and Venus Williams, as well as Maria Sharapova; actors Sylvester Stallone and Ben Affleck, and Canadian singer Abel "The Weeknd" Tesfaye, UFC said in a statement. Money reportedly has been pouring in for the fast-growing UFC, whose bloody cage-fights were once equated with cockfights. UFC produces more than 40 live events a year that are broadcast in over 156 countries and territories. Contacted by AFP, Ultimate Fighting Championship declined to give details about the amount of each new investment or the size of the share holding. The batch of investments came less than three months after UFC was bought by a group led by US talent agency William Morris Endeavor-International Marketing Group. UFC did not disclose the price, but US media said it was $4 billion. Involved in the WME-IMG acquisition in July were Silver Lake Partners, Kohlberg Kravis Roberts (KKR), MSD Partners and MSD Capital. The latter two are investment vehicles for entrepreneur Michael Dell. According to a person with knowledge of the situation, WME-IMG remains the majority stakeholder in the organization. WME-IMG bought the organization from brothers Lorenzo and Frank Fertitta, who had bought it for $2 million in 2001. UFC does not publish its financial details, but Lorenzo Fertitta said last year that it had $600 million in revenues in 2015. UFC fighters battle in an Octagon, an eight-sided 750-square-foot (70-square-meter) cage. The fighters, gloved and barefoot, are allowed to combine techniques from different forms of martial arts, but rules try to limit serious injury. After years of being banned, mixed martial arts fights are allowed in the state of New York. The UFC's first match in Madison Square Garden in New York City is set for November 12. 

Source : AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

celebrities bet on ufc investment celebrities bet on ufc investment

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

celebrities bet on ufc investment celebrities bet on ufc investment

 



GMT 04:22 2017 Tuesday ,26 December

Israel in touch with '10 countries' over embassy moves

GMT 19:43 2017 Friday ,06 October

Employee safety top priority at Khalifa Port

GMT 16:19 2017 Friday ,28 April

ISIS Suspect Arrested in Western Germany

GMT 12:57 2017 Monday ,11 December

50 Students Poisoned by Contaminated Well Water

GMT 16:31 2017 Thursday ,10 August

Palestinians will discuss decline of aids

GMT 21:15 2017 Saturday ,04 March

Obama never ordered surveillance on any US citizen

GMT 10:00 2017 Thursday ,09 March

Russia ‘can be good friends with GCC’

GMT 02:13 2017 Wednesday ,22 February

Russian helicopter crash kills 19 in Siberia

GMT 13:23 2017 Tuesday ,05 December

Lebanon PM Hariri rescinds resignation

GMT 00:39 2017 Tuesday ,05 December

Gunmen kill cleric in Aden, southern Yemen

GMT 11:43 2016 Thursday ,24 November

Will learn from Euro exit

GMT 06:56 2017 Tuesday ,17 October

US ‘not taking sides’ between Iraqi forces, Kurds

GMT 19:59 2017 Thursday ,16 February

Syrian opposition's chief negotiator arrives in Astana
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday