VINCE MCMAHON LOSES HALF OF HIS VALUE IN ONE DAY.
TKO STOCK IS A FLOP
>TKO stock closed at press time at $100.76 giving the company an apparent market value of $8.376 billion>WWE’s market value with 49 percent would be $4.104 billion, or less than half or what it was>Ari Emanuel had talked of the market value of the combined companies at $21.3 billion, and this would have it at $17.09 billion. Vince McMahon’s stock value would be $2.803 billion. Essentially as of right now, he gave up control of the company and his worth is not much different from when he had full control.>The biggest concern is that TKO has $3.2 billion in debt because of the money borrowed to purchase UFC in 2016. $2.7 billion of UFC debt is due in 2026, although that could and likely would be refinanced at the time. Refinancing the debt would be more expensive because UFC took out a variable rate loan. In 2022, UFC’s interest rates on the debt increased $37.3 million from 2021.https://www.f4wonline.com/newsletters/wrestling-observer-newsletter/september-18-2023-observer-newsletter-wwe-ufc-merger-finalizes-aew-all-in-turnsite-count 