Raine Group, the US merchant bank leading a sale of Manchester United football club, will rake in one of its biggest paydays if World Wrestling Entertainment’s merger with Ultimate Fighting Championship closes successfully.
The group, launched in 2009 by former Goldman Sachs banker Joe Ravitch and Morgan Stanley and former UBS banker Jeff Sine, is set to make $65.5mn from the deal, with the vast majority of the fees due once it is complete.
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