It looks like UFC President Dana White doesn’t agree with recent reports that claim UFC is in “advanced talks” to be sold for up to 4 billion dollars to new owners.
White told the Las Vegas Review-Journal that the ESPN.com report about the potential UFC sale “could not be further off.”
“The UFC is not for sale,” White said. “The ESPN story is overblown. Darren Rovell is not a fan of facts. His facts could not be further off.”
ESPN first reported the news on Tuesday evening that the Lorenzo and Frank Fertitta were selling the UFC and that four bidders were in contention. It was believed that the winning bid was somewhere in the neighborhood of 3.5 to 4 billion dollars.
The four bidders in the potential UFC sale are said to be China Media Capital, The Blackstone Group and Dalian Wanda Group. Ariel Helwani of MMAFighting.com reported that the Wanda Group is the front-runner and an announcement regarding a sale could come out as soon as July.