MMA insider and Yahoo MMA aficionado, Kevin Iole, sheds some light on the advantages of selling 10% of the UFC to the UAE. He “guesstimates” what the purchase price was and also gives an estimate on the UAE’s net worth.
April’s UFC 112 headlined by B.J. Penn vs. Frankie Edgar is expected to take place in Abu Dhabi. However, no one seems to think this land that apparently flows with milk and honey can come up with a suitable venue.
Rhianna just held a New Year’s Eve concert at the Emirates Palace. One would think if they have auditoriums like this (see venue photo), they could find somewhere to set up an Octagon and bleachers. That’s what Flash Entertainment does, they specialize in putting together big events, so it seems likely they could pull this off.
Iole says Strikeforce is considering bringing Fedor back to Vegas in April for a show at the Thomas & Mack. And if the UFC has to have UFC 112 in Vegas, then things could get very ugly between the two promotions.
I wish I could be Kevin Iole. No one else in the world gets to spout off about thing they have no idea about.