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Zuffa Sells UFC

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(Photo Courtesy via ZUFFA LLC./Getty Images)

Sounds like the sale of the UFC is marching ahead successfully. FloCombat reports that sources close to the company are saying that a group of investors have put together a $4.2 billion bid for the MMA organization and that Zuffa has accepted it.

This potential new ownership group apparently consists of WME-IMG, the Dailan Wanda Group, The Kraft Group, and Tencent Holdings. Alongside this news are reports that, despite selling his shares as part of the deal, President of Operations Dana White would be staying on in his role with the promotion, apparently receiving a new stake in the company as well.

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Aaron Portier
Highly passionate MMA Journalist, and I've followed the sport ever since my favorite fighter, Vitor Belfort won the heavyweight tournament at UFC 12. After that I've tried to go to every local MMA event around the Gulf Coast and surrounding areas and decided to make it a point to have a career in some aspect in the fighting sport other than fighting in general (didn't want to ruin my face). I'm currently enrolled at Southeastern Louisiana University working towards a degree in Communication. I cover MMA, Boxing and Football for The Daily Star newspaper in my hometown of Hammond, Louisiana, in addition to working as a promotional writer for a local Boxing promotion known as BoxnCar and I cover boxing for 8countnews.com however SciFighting.com is my home. My main goal is to bring more publicity to MMA in my area and to the sport as a whole as all of us involved with the sport are merely scratching the surface and laying the foundation of what mixed martial arts competition will be further down the road.