LOS ANGELES (AFP) – The head of the Ultimate Fighting Championship, the world’s greatest mixed martial arts organization, earlier this summer denied a report the group is poised to be sold to a Chinese conglomerate.
The world’s greatest mixed martial arts spokesperson, Dana White (president) told the Las Vegas Review Journal that an ESPN report detailing a potential multi billion dollar deal was wide of the mark.
“The UFC isn’t for sale,” the Review Journal quoted White. “The ESPN story is overblown,” he said, adding the facts of the ESPN report couldn’t be farther off.”
ESPN previously reported the UFC’s parent company, Zuffa, was in “progress discussions” to sell the business, valued at between $3.5 and $4 billion.
Zuffa had attracted interest from at least four potential buyers according to the report.
ESPN previously reported that Chinese giant Dalian Wanda was behind the potential takeover.