not a very good way to run a business…
Schleimer said the event’s “financial profile” resulted in a roughly $30 million loss, which the company “anticipated” beforehand. UFC spent about $60 million in production costs for the event.
not a very good way to run a business…
Schleimer said the event’s “financial profile” resulted in a roughly $30 million loss, which the company “anticipated” beforehand. UFC spent about $60 million in production costs for the event.
It wasnt to make money, it was to make trump happy…
And don’t forget a company showing a loss equals a tax break.
Lots of times the people make a shit ton of money, but the company loses money, often because of how much it paid high level employees.
Kind of like how a “non profit” just has to pay the CEO millions and throw a bunch of fundraisers so that the organization makes no money. Which is why trump is barred from running non profits
Its a safe assumption the event intentionally “lost” money