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View Full Version : Buyer’s remorse: UFC not for sale says Dana White


Oldschool
10-21-2009, 10:22 AM
Quote: “This is [expletive] bad; it’s not what I said. Here’s the bottom line: Basically, it was a longer story and he kept asking if we would sell this thing or not. I kept saying ‘No. No, we won’t sell it,’ and I’d go through this whole [expletive] thing about how we’re all 40 years old and we’re young and we’re the visionaries for this thing. We know where we’re taking this thing. We know where it’s going. We have no interest in selling it. And going public? We don’t need the [expletive] money. You go public when you want to raise cash. You raise capital to do something bigger. We don’t want to do that. We’re not looking to do that. He kept [expletive] pushing and pushing. He said, ‘OK, hypothetically speaking, would you ever sell a piece of it?’ I said, ‘I guess we’d sell a tiny little piece. We’d probably sell a tiny little piece.’ But, here’s the thing: I want it to be known that this guy kept pushing me and pushing me. I said ‘No, we wouldn’t go public. No, we wouldn’t sell it.’ At the end of the day, we’re the guys who are driving this thing. We have the vision. We know where we want to take this thing. We’re not interested in selling a piece of this to anybody. Me, Frank and Lorenzo are the three owners. We have an awesome relationship. Everything runs smoothly. It’s perfect. And for us to even offer somebody a piece, it would be the biggest compliment in [expletive] history because they’d have to be a serious strategic partner. It’s the only [expletive] way we’d do it.”

UFC President Dana White clarifies statements from a recent Bloomberg video interview that quotes him as saying a piece of the UFC could be purchased for the right price. Unfortunately White now assures any would-be investors that his answer was basically given to satisfy a pushy reporter and that any and all Octagon control would remain in the hands of himself and the Fertitta brothers. Sorry Vadim, put your checkbook away.

The Brahama Bull
10-21-2009, 05:35 PM
Right now it might no be up for sale but you have to remember that eventualy the UFC is going to start to lose popularity.It happens to every sport thay all have there down times and the UFC will be no exception.At that time who knows it may be become nessary for Dana and his partners to sell off some shares in the UFC to raise money.

Oldschool
10-22-2009, 11:28 AM
Or find different ways of marketing their product?

The Brahama Bull
10-22-2009, 04:48 PM
The point is things change and sometomes we have to do that witch we said we never would do.

Oldschool
10-23-2009, 11:24 AM
I know... But sometimes with a little thinking one can find a better way

The Brahama Bull
10-23-2009, 05:44 PM
True there is always another way.I was thinking of being athe point of everything else has failed so its sell shares time.