DANA WHITE FREAKS OVER REPORT THAT HE’D SELL PART OF HIS UFC INTEREST

DANA WHITE

UFC President Dana White is furious. He tells Kevin Iole of Yahoo! Sports that he is definitely NOT selling any of his shares in the company. White claims an interview he did with Greg Miles of Blomberg News was taken out of context.

Nevertheless, Blomberg has video of White discussing under what conditions UFC would be willing to sell part of their ownership to new investors.

White claims that he and fellow UFC owners Frank and Lorenzo Fertitta are “young” and “don’t need the money.” Except that the Fertittas DO need the money. Their casino empire not only filed for bankruptcy earlier this year, but had no deal in place with creditors and is $5.75 billion in debt. There was a contentious court hearing just last month with some of the Fertittas’ creditors.

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