Boxing promoter Bob Arum believes that the leading MMA organization UFC does not have any more stars and at the moment is in for a very bad future, and its president, Dana White, is in despair. And this state of affairs forces White, according to Arum, to meet various parties in the boxing industry in the near future to try to enter a new, more promising market.
"I think White needs boxing desperately because people are just waking up to the fact - which we knew - that the UFC is on the balls of it's ass," stated Arum.
"They did an unbelievable job building the product, the Fertitta's sold it for billions of dollars and now the buyers are left with something that's flawed," Arum said.
"You can't really perform the way you did before when you don't have any marquee stars and they don't have any marquee stars. And the ones who can be [stars], who are are out there like McGregor, like Georges St. Pierre - they now have woken up and they ain't going to fight for peanuts relative to the money involved.
"Dana's going to have to pay them the way we pay boxers. Therefore he is suffering in effect because the buyers who he's responsible to now have paid so much money for the entity and how are they going to get it back? How are you going to monetize?"
