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2017 revenues way lower than prior years, biggest stars all inactive, and nothing big lined up. $4 billion? What would you do if you just paid that price for this business?
What would you do if you just paid that price for this business?
They're gonna start missing paymentsand default and the ferteita's will take it backDont they have to pay like 200 million a year in just interest for around a $2 billion loan?
And wasn't last year the ufc's best year with only around $600 million in revenue, a big part due to having Brock, Ronda, and Conor, who all 3 may never fight again?
2017 revenues way lower than prior years, biggest stars all inactive, and nothing big lined up. $4 billion? What would you do if you just paid that price for this business?
nothing lasts forever is what they should have known and the ufc's recent popularity was due to 2 fighters bringing in a lot of attention.2017 revenues way lower than prior years, biggest stars all inactive, and nothing big lined up. $4 billion? What would you do if you just paid that price for this business?
Any substantial data to back up your claim ? I'd take the word of an actual WME-IMG employee over yours.
@Rational Poster / @FrankieNYC is there any truth to what TS is claiming ?
No. If they default, the creditors would receive the asset (i.e. the UFC), not the former owners. The Fertitta brothers were already paid, so they've got nothing to do with it now. They could, however, buy it back from the creditors if WME-IMG can't pay, since I doubt the creditor would want it. We'll see what happens.They're gonna start missing paymentsand default and the ferteita's will take it back