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Breaking: Percentage of UFC Sold to Sheik Tahnoon Bin Zayed Al Nahyan

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ThaAxeMurderer7

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FiveOuncesofPain.com has recently received reports from multiple sources extremely close to the situation indicating that the UFC has recently sold a minority percentage of the company to Sheik Tahnoon Bin Zayed Al Nahyan, the son of the former United Arab Emirates president Sheikh Zayed bin Sultan Al Nahyan.

Sheik Tahnoon is well known throughout the grappling community as the founder of the no-gi submission Olympics, the Abu Dhabi Combat Club. Himself a Brazilian Jiu-Jitsu black belt under Renzo Gracie, Shiek Tahnoon has been a long time supporter and practitioner of Jiu-Jitsu.

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Post #1   1/8/10 2:54:02PM   

cmill21

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Nice, glad to see others getting involved in MMA. Also gives the UFC an even more stable base.

Post #2   1/8/10 3:23:54PM   

emfleek

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Posted by cmill21

Nice, glad to see others getting involved in MMA. Also gives the UFC an even more stable base.



Agreed.

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Post #3   1/8/10 3:24:46PM   

grappler0000

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I'm curious about the percentage. And from what Dana was hinting at a couple of months back, they were merely looking for an investing partner, so I doubt he'll be called in to make any executive decisions in the near future. Not only do they get an investor, but it will probably help their expansion in that part of the world as well...kill two stones with one bird.

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Post #4   1/8/10 3:25:07PM   

bjj1605

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great news. Not sure it'll do anything concrete, but it certainly can't hurt the case for grappling in the UFC.

Post #5   1/8/10 4:09:55PM   

spikerman19

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I am glad to see this guy is fan, also the money the Arabs have this could only be good. Another good point was made about getting into their markets. Dubai should be a destination.

Post #6   1/8/10 4:11:51PM   

EliasG

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Dubai is a GREAT place as it is centrally located for Asia, Africa, and Europe. Plus the place is like Las Vegas in that it NEEDS people to come so it will throw money at the uFC to get them fighting there. Very smart move by UFC if they can generate sales, tickets, and fans.

Post #7   1/8/10 5:29:42PM   

CwB

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Posted by bjj1605

...but it certainly can't hurt the case for grappling in the UFC.



Possibly a Zuffa pure Grappling Org/Events...

This also seems like a sponsorship tradeoff, now during PPV events they will talk about these grappling events and at the grappling events there will be a giant UFC logo on the mat or somethin like that.

Last edited 1/8/10 5:59PM server time by CwB
Edit note/reason: n/a

Post #8   1/8/10 5:57:11PM   

prozacnation1978

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sheiks will back them up financially if they are ever in dire straits now
good investment

Post #9   1/8/10 7:32:07PM   

2hotty

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Other than there running out of money in Saudi Arabia, There in worse shape than Canada & USA. & if there markets crash there will be a crazy domino effect. But it is just like Vegas but just more $$$ . Time will tell if the UFC trys to get into the middle east market.

Post #10   1/8/10 9:49:33PM   

Giant_Ochai

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If Dubai's economy wasn't collapsing right now this would be more meaningful.

Post #11   1/8/10 10:27:03PM   

EliasG

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It's not a bad play at all....Dubai's markets will rebound magnificently when the rest of the world is ready to spend money again...they have overextended themselves, but its not as if their assets are overblown or they have a 'bad product' that no one will buy. In fact, the latest news was that their revenue was actually increasing even right now...when everything is back up online...they'll be raking in money.

Post #12   1/9/10 10:27:59AM