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So Let Me Get This Straight


Exodus9mm

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Station Casinos, the primary business venture of the Fertitta brothers is over 5 billion dollars in debt. They're currently in bankruptcy proceedings and things don't look good.

 

Zuffa, completely separate from Station Casinos, but still primarily owned by the Fertitta family, is currently 450 million dollars in debt. They 'believe' projected revenue streams will be enough to pay these off by their due dates.

 

All I'm seeing here is debt and uncertainty folks. With the recent sale of 10% of the company to foreign interests (not so American anymore, fanboys), it appears the company could be sold at any moment. All of it. This is a business reality, tied nicely with the proceedings of the SC bankruptcy.

 

Clearly, there seems to be a trend of financial woes with anything connected to the Fertittas. All of these misinformed noobs spouting off on here about how successful the UFC is and how dominant it is. Guess again. Bottom line is dollars, and by the sounds of it, they're hurting. The best they could muster was deal with Versus, relatively unknown by the masses. Compared to a recent affiliation between competitor Strikeforce and massive network juggernaut, CBS, this is amateur hour. Yet another poor business decision. My guess is only 6 months, the state of the UFC will be nothing you could have imagined. Your bubble is about to burst, and a reality check will occur.

 

Sorry to break it to you folks, I really hoped it wouldn't happen - but I knew it would.

 

Welcome to the wonderful world of free-market capitalism.

 

Next.

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If what you say is true(I have no idea so I'll take your word for it). This could end up very well for the fans. If the UFC does go under, most of their fighters will make the switch to Strikeforce. If this happens, Strikeforce will start putting on a lot of cards, because they will have enough marketable fighters to do it. If that happens, CBS will give Strikeforce more and more shows on it's channel. And then, MMA will grow beyond anything the UFC has ever hoped to be.

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If what you say is true(I have no idea so I'll take your word for it). This could end up very well for the fans. If the UFC does go under' date=' most of their fighters will make the switch to Strikeforce. If this happens, Strikeforce will start putting on a lot of cards, because they will have enough marketable fighters to do it. If that happens, CBS will give Strikeforce more and more shows on it's channel. And then, MMA will grow beyond anything the UFC has ever hoped to be.[/quote']

 

I see it. The future may indeed be bright.....

 

Here's some links to information:

 

http://www.lvrj.com/news/breaking_news/UFC-sells-10-percent-to-Mideast-company-81192552.html

http://en.wikipedia.org/wiki/Station_Casinos

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The casino side is in trouble.

 

Zuffa...is completely fine. That 450 million dollar "debt" you refer to is a "loan" they received to finance the growth of the company...they will EASILY pay the loan back in full I think it's due next year.

 

So...nothing to see here folks. UFC is healthier than ever and getting bigger month over month.

I GUARANTEE YOU the UFC is just fine and will be around likely in perpetuity.

 

Cheers

 

-DR

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The casino side is in trouble.

 

Zuffa...is completely fine. That 450 million dollar "debt" you refer to is a "loan" they received to finance the growth of the company...they will EASILY pay the loan back in full I think it's due next year.

 

So...nothing to see here folks. UFC is healthier than ever and getting bigger month over month.

I GUARANTEE YOU the UFC is just fine and will be around likely in perpetuity.

 

Cheers

 

-DR

 

Um, they "believe" they will have the revenue stream to pay it off. Nowhere is EASILY mentioned. In fact, far from. That remains to be seen.

 

Depending on how the Casino's plays out, plays a big part on the future of the UFC under Fertitta ownership.

 

I'll tell ya, 250,000 PPV buys won't be enough to pay it off. 2010 off to a bad start.....

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Um' date=' they "believe" they will have the revenue stream to pay it off. Nowhere is EASILY mentioned. In fact, far from. That remains to be seen.

 

Depending on how the Casino's plays out, plays a big part on the future of the UFC under Fertitta ownership.

 

I'll tell ya, 250,000 PPV buys won't be enough to pay it off. 2010 off to a bad start.....[/quote']

 

The Fertitta's will be fine too. Station Casinos is incorporated which means that the Fertitta's personal assets cannot be touched. Their casinos could be shut down...they may lose the buildings and equipment etc. But that is a separate legal entity from Lorenzo and Frank..as well as Zuffa.

 

The casino business could totally crash and burn..but they would still be millionaires because any fallout or debts owed on "stations" cannot be taken from the Fertitta's personal accounts.

 

Trust me man...it'll be fine. Or don't trust me...and time will tell it's tale.

 

Cheers sir!

 

-DR

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The Fertitta's will be fine too. Station Casinos is incorporated which means that the Fertitta's personal assets cannot be touched. Their casinos could be shut down...they may lose the buildings and equipment etc. But that is a separate legal entity from Lorenzo and Frank..as well as Zuffa.

 

The casion business could totally crash and burn..but they would still be millionaires because any fallout or debts owed on "stations" cannot be taken from the Fertitta's personal accounts.

 

Trust me man...it'll be fine. Or don't trust me...and time will tell it's tale.

 

Cheers sir!

 

-DR

 

It's possible, but if they lose the casinos (the family business), they may cash out of everything - meaning they'd sell the UFC to some other group or company. This is a distinct possibility - and given the timing of the financial concerns across the board, the sale to Abu Dhabi is cause for concern.

 

Nobody is saying the Fertitta's won't have money to live, I'm saying the state of the UFC is poised to be in another area code, in short order.

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As for the 10% sales. It's all about access and liquidity man.

 

1.They get a kind of access to other markets that they otherwise would not get yet without a strategic partner.

 

and

 

2. Now that an area that has one of the highest concentrations of wealth IN THE WORLD. Has a personal vested interest in the growth and staiblity of Zuffa/UFC. There will be NO MORE NEED for outside lines of credit....if they for whatever reason need...say...30 million...today..to close this deal...or pursue this opportunity...they have access to that kind of liquidty...provided that the other owners see it as a sound decision...they can get it...because everyone benefits in the scenario.

 

Seriously...it's gonna be fine man.

 

Cheers

 

-DR

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It's possible' date=' but if they lose the casinos (the family business), they may cash out of everything - meaning they'd sell the UFC to some other group or company. This is a distinct possibility - and given the timing of the financial concerns across the board, the sale to Abu Dhabi is cause for concern.

 

Nobody is saying the Fertitta's won't have money to live, I'm saying the state of the UFC is poised to be in another area code, in short order.[/quote']

 

 

I personally think that if the casinos went under..they would just devote more time to the cash cow that IS the UFC. Who knows...maybe they panic and sell...I don't see a reason in the world why they would. But...I suppose it is humanly possible. I just don't see ANY indications of something like that coming down the pike. One empire falls...and they are in the process of building another that will likely be even bigger than their first.

 

Cheers

 

-DR

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Station Casinos' date=' the primary business venture of the Fertitta brothers is over 5 billion dollars in debt. They're currently in bankruptcy proceedings and things don't look good.

 

Zuffa, completely separate from Station Casinos, but still primarily owned by the Fertitta family, is currently 450 million dollars in debt. They 'believe' projected revenue streams will be enough to pay these off by their due dates.

 

All I'm seeing here is debt and uncertainty folks. With the recent sale of 10% of the company to foreign interests (not so American anymore, fanboys), it appears the company could be sold at any moment. All of it. This is a business reality, tied nicely with the proceedings of the SC bankruptcy.

 

Clearly, there seems to be a trend of financial woes with anything connected to the Fertittas. All of these misinformed noobs spouting off on here about how successful the UFC is and how dominant it is. Guess again. Bottom line is dollars, and by the sounds of it, they're hurting.[b'] The best they could muster was deal with Versus[/b], relatively unknown by the masses. Compared to a recent affiliation between competitor Strikeforce and massive network juggernaut, CBS, this is amateur hour. Yet another poor business decision. My guess is only 6 months, the state of the UFC will be nothing you could have imagined. Your bubble is about to burst, and a reality check will occur.

 

Sorry to break it to you folks, I really hoped it wouldn't happen - but I knew it would.

 

Welcome to the wonderful world of free-market capitalism.

 

Next.

 

Your joking with those parts right?

You do know CBS lost something like 8 to 11 billion last year alone right?

CBS have been losing marketing and ad revenue for the past 5 years.

Also please get out the Hayday of CBS,ABC, and NBC.

USA NETWORK, and Hell even the CARTOON NETWORK, now match or surpass them in revenue. It's so bad for them that it's a federal act that cable television has to carry them.

 

Also I seem to remember a deal with SPIKE TV, and they just signed another deal, for a upcoming WEC version of the TUF, with another channel. If the Casino fails, as long as they are seperate companies, it will not reflect on the UFC.

 

Also the 450 mill I do not see anyway as long as the company shows a profit, even close to what, they have the last few years, there will be any issues.

 

Side question, when it's raining do you not go outside because the sky is falling?

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Station Casinos' date=' the primary business venture of the Fertitta brothers is over 5 billion dollars in debt. They're currently in bankruptcy proceedings and things don't look good.

 

Zuffa, completely separate from Station Casinos, but still primarily owned by the Fertitta family, is currently 450 million dollars in debt. They 'believe' projected revenue streams will be enough to pay these off by their due dates.

 

All I'm seeing here is debt and uncertainty folks. With the recent sale of 10% of the company to foreign interests (not so American anymore, fanboys), it appears the company could be sold at any moment. All of it. This is a business reality, tied nicely with the proceedings of the SC bankruptcy.

 

Clearly, there seems to be a trend of financial woes with anything connected to the Fertittas. All of these misinformed noobs spouting off on here about how successful the UFC is and how dominant it is. Guess again. Bottom line is dollars, and by the sounds of it, they're hurting. The best they could muster was deal with Versus, relatively unknown by the masses. Compared to a recent affiliation between competitor Strikeforce and massive network juggernaut, CBS, this is amateur hour. Yet another poor business decision. My guess is only 6 months, the state of the UFC will be nothing you could have imagined. Your bubble is about to burst, and a reality check will occur.

 

Sorry to break it to you folks, I really hoped it wouldn't happen - but I knew it would.

 

Welcome to the wonderful world of free-market capitalism.

 

Next.[/quote']

 

The best thread I've read all night. In fact, so good even I can't think of an educated thing to say about it. Well done, Sir.

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Your joking with those parts right?

You do know CBS lost something like 8 to 11 billion last year alone right?

CBS have been losing marketing and ad revenue for the past 5 years.

Also please get out the Hayday of CBS' date='ABC, and NBC.

USA NETWORK, and Hell even the CARTOON NETWORK, now match or surpass them in revenue. It's so bad for them that it's a federal act that cable television has to carry them.

 

Also I seem to remember a deal with SPIKE TV, and they just signed another deal, for a upcoming WEC version of the TUF, with another channel. If the Casino fails, as long as they are seperate companies, it will not reflect on the UFC.

 

Also the 450 mill I do not see anyway as long as the company shows a profit, even close to what, they have the last few years, there will be any issues.

 

Side question, when it's raining do you not go outside because the sky is falling?[/quote']

The sky isn't falling though. It's raining. Raining is a reality. It can lead to floods....

 

 

 

Here's some 2009 info on CBS.....

 

http://finance.yahoo.com/news/CBS-Corporation-Reports-Third-prnews-2494817697.html?x=0&.v=1

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The sky isn't falling though. It's raining. Raining is a reality. It can lead to floods....

 

 

 

Here's some 2009 info on CBS.....

 

http://finance.yahoo.com/news/CBS-Corporation-Reports-Third-prnews-2494817697.html?x=0&.v=1

 

Operating income before depreciation and amortization ("OIBDA") for the third quarter of 2009 was $565.6 million compared with a loss of $13.48 billion for last year's third quarter. Operating income was $418.2 million for the third quarter of 2009 versus an operating loss of $13.62 billion for the same quarter last year.

 

Ok so I was low, with 8 to 11 billion.

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Operating income before depreciation and amortization ("OIBDA") for the third quarter of 2009 was $565.6 million compared with a loss of $13.48 billion for last year's third quarter. Operating income was $418.2 million for the third quarter of 2009 versus an operating loss of $13.62 billion for the same quarter last year.

 

Ok so I was low' date=' with 8 to 11 billion.[/quote']

 

Regardless, it's about exposure. And national television crushes Spike and Versus.

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Also as I said the highest ratings where enjoyed since like 1950's to 2004 by either CBS or NBC.

Since 2004 to present FOX has the number 1 spot.

And number one show with American Idol.

Fox also enjoys the highest cable news ratings.

The dam bravo channel with Project Runway beat out alot of the CBS,NBC,ABC programming.

http://en.wikipedia.org/wiki/Nielsen_ratings

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Regardless' date=' it's about exposure. And national television crushes Spike and Versus.[/quote']

 

Which era you living in?

Or do you think more homes have anntenna hooked up or SAT or Cable.

 

And just so you know if you look at the scale it's a landslide.

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Also as I said the highest ratings where enjoyed since like 1950's to 2004 by either CBS or NBC.

Since 2004 to present FOX has the number 1 spot.

And number one show with American Idol.

Fox also enjoys the highest cable news ratings.

The dam bravo channel with Project Runway beat out alot of the CBS' date='NBC,ABC programming.

http://en.wikipedia.org/wiki/Nielsen_ratings[/quote']

 

Specialty channels are gaining speed, but there will always be a need for national television. And regardless of everything else, the exposure potential is maximized.

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Which era you living in?

Or do you think more homes have anntenna hooked up or SAT or Cable.

 

And just so you know if you look at the scale it's a landslide.

 

Show me some figures here. I'm not sure how a free network station across the country garners less potential exposure than channels that cost extra (which many don't have)

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Specialty channels are gaining speed' date=' but there will always be a need for national television. And regardless of everything else, the exposure potential is maximized.[/quote']

 

Sorry to do this.

 

But as someone who works in this area, your out your mind.

 

Spike and Versus are on basic programming tiers.

 

Just about as many people can watch both, and more people actually scan to those channels, than the lower set national networks.

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Show me some figures here. I'm not sure how a free network station across the country garners less potential exposure than channels that cost extra (which many don't have)

 

Simple there both tier 1 and NO do not cost extra

 

Just go to dish or time-warner or comcast and look at there basic or tier 1 packages.

 

I can hook up my scanner and scan the list from a time-warner list if you wish but will take a few.

 

Edit: scratch scanner no clue where i put my power cord for it at currently.

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Simple there both tier 1 and NO do not cost extra

 

Just go to dish or time-warner or comcast and look at there basic or tier 1 packages.

 

I can hook up my scanner and scan the list from a time-warner list if you wish but will take a few.

 

Edit: scratch scanner no clue where i put my power cord for it at currently.

 

Actually, in Canada it does cost extra.

 

Aren't those all satelitte providers? Do they do digital?

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Sorry to do this.

 

But as someone who works in this area' date=' your out your mind.

 

Spike and Versus are on basic programming tiers.

 

Just about as many people can watch both, and more people actually scan to those channels, than the lower set national networks.[/quote']

 

You did see the ratings the Emp/Rogers card pulled?

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As far as i know, Station Casinos has absolutely nothing to do with the UFC.

 

Also, the article you posted about the selling of 10% was to open up revenue-making markets in the middle east. That sounds to me like the UFC is doing what it said it would do and make MMA a global sport, as well as make a lot of money for themselves to invest in more programming and better salaries for the fighters.

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As far as i know' date=' Station Casinos has absolutely nothing to do with the UFC.

 

Also, the article you posted about the selling of 10% was to open up revenue-making markets in the middle east. That sounds to me like the UFC is doing what it said it would do and make MMA a global sport, as well as make a lot of money for themselves to invest in more programming and better salaries for the fighters.[/quote']

 

LOL. They haven't even tested Australia. Barely tapped the UK.....but they SELL 10% of their company to Arabs. HELLO. They're not willing to co-promote locally, but they're willing to sell stake, to the Middle East.

 

You're missing the connection between the casinos and the UFC - they are both owned by the Fertittas. If the casinos fold (their family business), they could use the sale of the UFC to salvage something...or cash it all in altogether, thereby selling the UFC to another group. At this point, Flash Entertainment seems a likely candidate.......

 

Don't always believe the first explanation given, it's generally missing many details......

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Hence why the Fertitta's struck a deal with UAE govt to buy 10% share of UFC (Flash Entertainment). The deal is as good as done. So' date=' don't be surprise if you see more fighters that go by the name of Abdul, Omar, or Yussef in the UFC's roster.[/quote']

 

ur a racist moron, mma is not exclusive 2 americans, there a millions of fans world wide, u sicko, it slike u saying u want fewer blacks in the ufc,

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2009 was a tough year for every bussiness in this world not just the UFC.The world encountered economic crisis. Affliction folds due to this. So I think it's not that big news to hear if UFC increased it's debt, who hasn't. But the best part is they're still standing and ready to get back this year. With the start of 2010 (UFC 108), it seems like the future looks bright for them. Even though their sales suffer last year but thay manage also to lower their cost of operations, so the Profit margin is not that affected.

I guarantee you, Strikeforce will fold firts before UFC>

 

BTW. TWW I like your signature.

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Sweet, more "the world is going to end the economy is failing your life is going to change forever" news. I find the more you stay out of this nonsense the happier you will be. Sure it's possible the UFC will fail but something will replace it. Maybe something worse or better but something else will come along. That being said I hope this is b.s. like 98% of this foolishness is.

 

Now that I think of it i'm really glad in my life and line of work I don't have to be involved with this kind of speculation.

 

(my 2 cents smiley)

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Simple there both tier 1 and NO do not cost extra

 

Just go to dish or time-warner or comcast and look at there basic or tier 1 packages.

 

I can hook up my scanner and scan the list from a time-warner list if you wish but will take a few.

 

Edit: scratch scanner no clue where i put my power cord for it at currently.

 

I live in America. I don't have tier 1 programming. I watch Strikeforce on free network television. You can sit there punching numbers in your Comcast cubicle all day. It doesn't make you right. There are more people out here in Tinbucktwo, Texas that have CBS then Spike and Versus. That is a fact. Nuff said.

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Station Casinos' date=' the primary business venture of the Fertitta brothers is over 5 billion dollars in debt. They're currently in bankruptcy proceedings and things don't look good.

 

Zuffa, completely separate from Station Casinos, but still primarily owned by the Fertitta family, is currently 450 million dollars in debt. They 'believe' projected revenue streams will be enough to pay these off by their due dates.

 

All I'm seeing here is debt and uncertainty folks. With the recent sale of 10% of the company to foreign interests (not so American anymore, fanboys), it appears the company could be sold at any moment. All of it. This is a business reality, tied nicely with the proceedings of the SC bankruptcy.

 

Clearly, there seems to be a trend of financial woes with anything connected to the Fertittas. All of these misinformed noobs spouting off on here about how successful the UFC is and how dominant it is. Guess again. Bottom line is dollars, and by the sounds of it, they're hurting. [b']The best they could muster was deal with Versus[/b], relatively unknown by the masses. Compared to a recent affiliation between competitor Strikeforce and massive network juggernaut, CBS, this is amateur hour. Yet another poor business decision. My guess is only 6 months, the state of the UFC will be nothing you could have imagined. Your bubble is about to burst, and a reality check will occur.

 

Sorry to break it to you folks, I really hoped it wouldn't happen - but I knew it would.

 

Welcome to the wonderful world of free-market capitalism.

 

Next.

 

The 2 versus events are only being done as part of the deal for the WEC with versus.

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