Rumors are going ramped that former Executive President of WWE Global Media, Shane McMahon could become a minority shareholder in the UFC, with Tuesday’s announcement in Toronto to announce McMahon's debut as well as an office in the city of Toronto.
From Sportsnet.ca:
“There are also whispers running rampant about former executive president of WWE Global Media Shane McMahon wanting a UFC office in Toronto, with him also suggesting the organization open an East Coast office in New York City. It was reported late last year that “Shane-O-Mac” was looking to become a minority owner in the UFC, and it is rumored he has now approached the organization in hopes of buying a 5-10 per cent stake.”
“If news of the office openings turn out to be true, one can just imagine how close the organization truly feels about the sanctioning of the sport in Ontario, and New York for that matter. They must be close, or maybe, it’s already done.”
It will be interesting to see what the reaction will be from the hardcore MMA fans on a member of the Sports Entertainment brand coming over to join the world of Mixed Martial Arts. The bright side for MMA fans who are opposed to this move, Shane McMahon is one of the best marketing business men in the game.
Source: Sportsnet.ca