Khabib Nurmagomedov buys UFC shares after discussions with president Dana White
Despite calling time on his UFC career last year, Khabib Nurmagomedov has remained heavily involved with the organisation that turned him into one of the world’s most famous athletes.
Nurmagomedov retired from MMA following his victory over Justin Gaethje at UFC 254 in October last year.
Following the victory, Nurmagomedov broke down in tears in the centre of the octagon over the death of his father and coach Abdulmanap.
Shortly after, he announced that the fight would be his last in the UFC and that he was retiring from MMA.
While Dana White attempted for months to persuade Nurmagomedov to compete one last time, the UFC president finally admitted defeat earlier this year and officially accepted his retirement.
Since, the Eagle has remained heavily involved with the promotion.
Aside from regularly sharing his opinions on UFC fights on Twitter, Nurmagomedov has also embarked on a career in coaching and recently cornered his close friend Islam Makhachev in his first UFC main event bout.
Even more recently, Nurmagomedov took advantage of the UFC’s parent company, Endeavour, becoming a publicly traded entity and bought shares in the UFC.
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In a recent interview via the Sun, Nurmagomedov was asked about whether he had taken the opportunity to invest, and the Eagle proudly claimed that he had done just that.
"Yes, I am already there. [The] UFC has already gone to IPO and I have some part of the shares!"
"We discussed this topic with Dana White in a lot of our meetings. I see great prospects for [the] UFC.
"They went to IPO, and they have very great prospects."
Nurmagomedov’s comments come just days after the UFC’s parent company, Endeavour, touted the “biggest first half in UFC history” during their second-quarter earnings report.
Investors in Endeavour will be delighted to hear the news of their success, largely driven by the UFC, with the company reportedly doubling their second-quarter revenue from last year.
Despite this, fighters remain heavily underpaid by the UFC, and Dana White has shown no desire to remedy the situation, recently claiming that raising post-fight bonuses by £25,000 would ruin the promotion’s budget.
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