[Senator Clay Davis]

The sale of the UFC is coming to a head

Bidding to buy the UFC is drawing closer to an end, sources told ESPN on Thursday.

The two bid groups, WME-IMG in conjunction with Dalian Wanda Group, and China Media Capital, had similar bids in the $4.1 billion range, sources said.

Sources said that both bidding groups are still trying to completely finance the buyout, which would be for the entire company. Which company ultimately wins out might depend on the details of that financing. Sources say WME co-chair Ari Emanuel has been asking well-heeled investors to chip in $25 million to $50 million.

One of those investors that said yes, according to sources, was the Kraft Group, which owns the New England Patriots and the New England Revolution. A Kraft Group spokesman declined comment.

The WME-IMG bid with Dalian also is said to include China's Tencent Holdings, one of the 10 largest internet companies in the world and ESPN's official digital partner in the region. State-backed investment firm China Media Capital has been bankrolling many projects, including a five-year broadcast-rights deal with China's top-tier soccer league worth $1.3 billion.

Reached Thursday, UFC president Dana White said he had no comment.

http://espn.go.com/mma/story/_/id/16...ser-conclusion