Why would multi billionaires buy the UFC for 4 billion ?

[Chitaouri]

I mean, it can't be for more money, can it?? They are already one of the richest persons in the world, they spent 4 billion dollars for something like the UFC? Why? It would take years and years to even just get back those 4 billion. And there is always a risk too. So what's the thought process here ?

 

[molest]

They probably feel its gonna be like the nhl and just last for ages, so in that sense it kind of makes sense.
They forget fighters will eventually unionize and that competitors can appear.

 

[shaffmeister]

So they can build it up, flip it, and make more billions.

 

[Rex Kwon Do]

My guess is they want to launder massive amounts of Chinese money and a fighting organization is a good way to do it. I'm talking the big bucks, the type of money oligarchs are embezzling and abusing their political power to come by. $4B is worth it if they can accomplish that.

 

[FrankieNYC]

My guess is they want to launder massive amounts of Chinese money and a fighting organization is a good way to do it. I'm talking the big bucks, the type of money oligarchs are embezzling and abusing their political power to come by. $4B is worth it if they can accomplish that.

Pssssssst
The Chinese are not involved

 

[mjmj]

Is this a serious question?

 

[SSBBrawler]

Mid life crisis, average people buy a car, billionaires buy a company.

 

[FrankieNYC]

Silly thread
Silly question
To make more money

Also you don't understand that 'billionaires' did not really buy UFC from Zuffa

 

[Valhoven]

Moguls are the sort that money is a means to an end of amassing greater wealth; normal people put in 9-5 and go home with a paycheque, disconnect and live their "real" life, so to speak.

People grumble over wanting Dana's job, for example, but most likely do not understand that positions like his are 24/7 - you have no disconnect as you are connected all the time. It's not for everyone; in fact, it's not for most. That is the mogul's sort.

The purchasers acquired in recent years a bull-riding organisation and it has since seen great success; neither that nor this with the UFC were money-grabs, correct, but it was because, as moguls are the sort, they wanted simply to diversify and break into sport from their already strong presence in entertainment and talent managment. All eggs in many baskets, if you will.

 

[phoenixikki]

We aren't talking about single people here, these are corporations with an army of suits behind it

 

[Abezal]

Have you missed on how big sports is getting, how quickly the $$$ has grown in sports.

MMA has world wide appeal, it juts takes one fighter from a country to make it go gaga over the sport. They see massive potential in expending UFC.

 

[charalsias]

Pssssssst
The Chinese are not involved

But die Jews are...So...You take it from here...

 

[HIMBOB]

Decent yield (3.8%, great by American standards) and chance of capital growth.

Oh and cheap debt and poor bond yields.

 

[CostumedExtrmst]

I think everything about the UFC is shady. It's a very good front to launder incredibly large sums of money.

 

[FrankieNYC]

I think everything about the UFC is shady. It's a very good front to launder incredibly large sums of money.

That is a clueless post lol

 

[TIMELESS TRUTH]

This is rhetorical right?

 

[phatron]

I mean, it can't be for more money, can it?? They are already one of the richest persons in the world, they spent 4 billion dollars for something like the UFC? Why? It would take years and years to even just get back those 4 billion. And there is always a risk too. So what's the thought process here ?

Everyone always wants more money. Expansion and building a larger empire is the goal of all companies in hopes to secure the future of their families for eternity.

 

[trident]

Because they can afford it.

They will sell to the Chinese in ten years for $15 billion

 

[RafaelDosSantos]

For the power and the spotlight

You own the toughest people on earth

 

[Dana_is_your_GOD]

Because going from 4 billion to 5 billion means they can buy a few extra yachts.