UFC, WWE combine to form $21.4B US sports entertainment company
WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 US billion sports entertainment company.
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WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 US billion sports entertainment company.
The World Wrestling Entertainment (WWE) will be merging with Ultimate Fighting Championship (UFC) to form a new, publicly listed company after a multi-million-dollar deal was finalised. Endeavor Group Holdings, the parent company of UFC, announced that they will hold 51 per cent controlling interest in the new company while WWE shareholders will hold 49 per cent. WWE, owned by billionaire Vince McMahon, has been in the news regarding a potential takeover and in the aftermath of the new deal, WWE will be valued at $9.3 billion while UFC, which is owned by Endeavor, is valued at $12.1 billion.
Khamzat Chimaev has sights set on a title bout in Abu Dhabi later this year, with the unbeaten star saying also that middleweight champion Alex Pereira would offer the least challenging fight in his career thus far.
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Last Thursday, the UFC announced their return to Abu Dhabi later this year, with UFC 294 on October 21. While no bouts have been confirmed, we look at three clashes we’d like to see on the card come fight night at Etihad Arena.
The UFC has described Abu Dhabi as its “most significant relationship” as the promotion promises to deliver “a major title fight that has worldwide significance” when it makes its return to the capital in October.
The UFC will make its return to Abu Dhabi this October with UFC 294, it was confirmed on Thursday.