UFC's $4 billion sale to WME-IMG scrutinized for possible exaggerated financial projections

Earlier this year, Lorenzo and Frank Fertitta put a bow on a massive transaction which saw the billionaire brothers hand over Ultimate Fighting Championship to a group of investors led by WME-IMG for a whopping $4 billion, $1.8 billion of it to cover accumulated debt, according to Bloomberg via Deadline.

The sale was handled by Goldman Sachs Group Inc., which may or many not have exaggerated the mixed martial arts (MMA) promotion's power to turn a profit moving forward to potential...

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