Monday, 11 July 2016

UFC Sale Betting : WME/IMG Purchase The UFC

It's official:  WME/IMG has paid $4 Billion to purchase the Ultimate Fighting Championship.

I woke to the reports this morning after reading that the New York Times had broken the story in the early hours.

WME/IMG has since published a press release confirming this news.

Part of the press release confirming WME/IMG as the new owner of the UFC

I had written a few posts about the potential sale when it was first announced because the oddsmakers at Paddy Power had released a market where their customers could bet on the company that purchased the fight league.

This market was first installed on 11th May with the eventual winner available at odds of 10/1. The business remained at 10s for the majority of the time the market was up. However, The WME/IMG price had fallen to 7/1 just before its closure late on June 20th.

PaddyPower.com has still to settle the bets as of 3:55pm BST today. I have forwarded the WME/IMG press release across to the settlement team.
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2 comments:

  1. Marc O'Connell11 July 2016 at 16:33

    I got onto them on live chat at 3.30 myself. Should hopefully be settled soon

    ReplyDelete
    Replies
    1. David Taylor11 July 2016 at 17:20

      UFC confirmed it on its website as well, albeit using the same press release that WME-IMG put up beforehand.

      Delete

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