Dana White welcomes WWE UFC merger: UFC News: On Monday morning both UFC and WWE announced that WWE owned by Vince McMahon…
Dana White welcomes WWE UFC merger: UFC News: On Monday morning both UFC and WWE announced that WWE owned by Vince McMahon has agreed to merge with UFC to form a new publicly traded company under the Endeavour Group. Follow UFC News Updates with InsideSport.IN.
According to the terms of the arrangement, WWE owners will own 49% of the new combat sports and entertainment firm, while Endeavor would own 51%. According to a press statement, the transaction values WWE at $9.3 billion, while the UFC, which is owned by Endeavor, is valued at $12.1 billion.
The pairing of the two biggest sports entertainment brands has got the fans and the professional fighters excited.
Also Read: Andrew Tate: AI downplays content on Controversial Millionaire, Andrew Tate reacts- ‘Matrix Alert’
The merging of MMA and Pro-Wrestling giants raise the companies’ net worth to $21.4 billion. WWE has been governed by the same family for decades, but this partnership with Endeavor ushers in a new era for the company.
The completion of the deal is anticipated by both parties to occur in late 2023. When this happens, the merged sports entertainment giant will have devoted fans of both brands. WrestleMania, WWE’s greatest annual live event spectacular, was held over two nights at SoFi Stadium and has concluded. The business estimates that 161,892 individuals were present at the stadium for the event. WWE Superstars and other famous people like Logan Paul, KSI and others appeared at the event.
Successful pay-per-view events for the unscripted UFC, which Endeavor acquired a controlling interest in by 2021, demonstrate the company’s foresight.
Dana White welcomes WWE UFC merger: ‘Anderson Silva in a ladder match with Hornswoggle’ Twitter reacts to Endeavour merging MMA and Pro-wrestling giants
UFC made an announcement on Twitter today which is a message sent by Dana White:
” This company has been on fire for the last seven years and now that we will be adding WWE to the portfolio, I am excited to take this to another level. Vince is a savage in the wrestling space, Ari is a beast at what he does and then what we at UFC bring to the table and there is no limit to what this company can accomplish in the next few years.”
The tweet had already gotten thousands of views, while fans have already started to put forward their demands on whom they want to see fighting inside the ring. Someone wrote, “ I better see Andreson Silva in a ladder match with Hornswoggle now”.
Fighters like Conor Mc Gregor also celebrated the announcement on Sunday night by tweeting both his belts from WWE and UFC.
Follow InsideSport on GOOGLE NEWS / For UFC News updates with InsideSport.IN