XFC, the world’s first and currently only publically traded MMA promotion, has just offered MMA middleweight legend Anderson Silva shares as part of a new initiative. This initiative seeks to offer XFC fighters shares in the organization. This means that they would, in effect, become part-owners of the very promotion that they would fight in. These shares would become more valuable if the company prospered. In the meantime, they would pay out a small income in the form of dividends.
Employee ownership is becoming more and more popular. In an age of political polarisation, letting your employees own shares in your company (Employee Share Ownership Programmes, or ESOPs) is attractive to many sides. Some would see it as empowering workers. Others might see it as letting individuals take more control of their economic destiny. When it comes to MMA promotions, some of whom prefer to designate their fighters as independent contractors, such ideas seem very far away.
Check out the full article here... https://mmasucka.com/2020/11/06/xfc-offers-anderson-silva-ownership-in-the-company/
Employee ownership is becoming more and more popular. In an age of political polarisation, letting your employees own shares in your company (Employee Share Ownership Programmes, or ESOPs) is attractive to many sides. Some would see it as empowering workers. Others might see it as letting individuals take more control of their economic destiny. When it comes to MMA promotions, some of whom prefer to designate their fighters as independent contractors, such ideas seem very far away.
Check out the full article here... https://mmasucka.com/2020/11/06/xfc-offers-anderson-silva-ownership-in-the-company/
