Former UFC lightweight Champion Khabib Nurmagomedov buys UFC shares

Khabib Nurmagomedov has reportedly bought shares in the UFC, becoming the part-owner of MMA’s premier promotion.

After retiring from the sport with an impeccable record of 29-0, the Dagestani native has turned his attention to his numerous business ventures. The UFC’s parent company, Endeavor, recently became a public entity. The Eagle was quick to pounce on the presenting opportunity and became a shareholder in the world’s premier MMA organization.

“Yes, I am already there. UFC has already gone to IPO, and I have some part of the shares,” Nurmagomedov said while talking to the media.

Nurmagomedov further stated that he and the UFC president Dana White had discussed this topic quite a lot, and he sees the ‘great prospects’ in the promotion.

Apart from this acquisition, Nurmagomedov also owns a Russian MMA promotion, “Eagle Fighting Championship”. He bought the company after he retired from the sport. He last competed in the octagon at UFC 254, where he choked Justin Gatheje in round 2 and wrapped up his dream run in the UFC as the lightweight champion.

The Russian has also tried his luck in the online business. He owns a fitness app calledOctaZone and has launched his own energy bar brand named ‘Fitroo’.

Besides his business, the Eagle has taken up the role of a mentor-cum-coach for his cousins and teammates competing in various promotions around the world.