A top MMA journalist estimates that the UFC will be sold at some point in 2016.
Lead writer for Bleacher Report Jonathan Snowden has claimed that Zuffa are close to selling the world’s largest MMA promotion.
According to Snowden, the various changes the company have made in administration positions backs up the rumours that the UFC are in talks with selling to China Media Capital, a venture capital firm based in Shanghai. Rumour has it, the UFC have placed a staggering $6 billion valuation on the promotion.
https://twitter.com/JESnowden/status/710514704851058688
Although it is just a rumour, Snowden claims signs such as the UFC hiring a new Chief Financial Officer and new Managing Director for Overseas Operations and supposedly cutting the payroll as signs that a sale may be happening soon.
https://twitter.com/JESnowden/status/710526886552670208
