WME-IMG, the owners of the UFC, are planning on making some changes when it comes to the ownership of the premier MMA organization.
WME-IMG is expected to receive about $1.1 billion in foreign investments. The new UFC owners are planning on taking that money and buying out some of the minority stakeholders in the UFC.
One of the minority stakeholders in the UFC is UFC President Dana White. He is expected to lose some of his ownership interest once this new investment deal is finalized. However, the UFC figure head says he not going anywhere.
“I’m not going anywhere, brother,” White told the Los Angeles Times. “Not only am I not going anywhere, I’m actually making moves in the office and doing (stuff) and changing things for the way I really want it.”
Some of the minority stakeholders WME-IMG may buyout are Flash Entertainment, based out of the United Arab Emirates, and the UFC’s prior owners Frank and Lorenzo Fertitta.
“Ari and I are partners. We’re getting involved in more (stuff). We’re not going to spend a lot of money and not change things,” White said at the UFC’s new performance institute in Las Vegas. “I’m making a lot of changes in this new building for things I want changed.”
