19 Oct 2009 07:34:35 AM
In the same month that Zuffa announced it had taken out a $100 million loan to pay off part of a revolving credit line and provide a payout to the owners, Dana White is now hinting that a 10-15% stake in the UFC could be sold to a private investor. As he told Bloomberg News:
Hmm. How much cash does Shane McMahon have laying around at the moment? And why does Zuffa need so much of it lately? Has the UFC become financially overextended? Are the Fertitta Brothers looking to cash out following the Station Casinos collapse? At any rate, if you have nine figures to invest in an exciting sports property and don’t mind the fact that you’ll have zero input in the company’s direction, give Dana a call.