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International Business Times UK
International Business Times UK
World
Marty Vergel Baes

Trump Acquired UFC Parent Company Stock Ahead of White House Bout, Critics Raise Ethics Concerns

Trump's move which involved buying stocks from UFC parent company draws questions on conflict of interests. (Credit: PBS NewsHour/YouTube)

Questions about ethics and conflicts of interest have intensified after financial disclosures revealed that Trump purchased shares in TKO Group Holdings, the parent company of the Ultimate Fighting Championship (UFC), months before a high-profile UFC event scheduled to take place on the White House grounds. Critics argue that the timing creates the appearance of a president promoting a private company while potentially benefiting from its success.

According to financial disclosure records, Trump purchased between $15,000 and $50,000 (£11,200–£37,300) worth of TKO Group Holdings stock on 25 March. The investment became public through a filing released in May and was first highlighted by media reports examining the president's financial holdings.

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