Arab sheik buys 10% of UFC

Dana White and Sheikh Tahnoon

After much speculation last week, the UFC organization confirmed today the sale of 10% of the brand's shares to the company Flash Entertainment, led by Arab Sheikh Tahnoon Bin Zayed Al Nahyan.



The organization's president Dana White sold 1% of the 10 he owned, while the Fertitta brothers, owners of the other 90%, together sold the other 9%. 



Sheikh Tahnoon, creator of the ADCC, promises to make investments to popularize the UFC in Arab territory in the coming years.


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