According to today’s episode of Sherdog’s The Savage Dog Show/BeatDown, UFC majority owners Lorenzo and Frank Fertitta have purchased the Japenese-based PRIDE Fighting Championships for a startling-low price of $65 million. (You can find a heated discussion on the Sherdog Forums.)
The show is relying an anonymous source that is said to be “very reliable,” and an official announcement is expected to come on Wednesday.
PRIDE, the UFC’s biggest competitor and perhaps the world’s most recognizable MMA organization, has reportedly suffered a variety of hardships during the past year. Rumors of its potential sale have circulated constantly in the past couple months, with current PRIDE USA Vice President Ed Fishman and the Zuffa LLC-owned UFC emerging as the two most-likely suitors.
The fact that the Fertittas, not Zuffa, are the rumored buyers is surprising at first take. Surely there’s more to the story, but we’ll have to wait.
2007-03-19
17:02:13
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11 answers
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asked by
Joseph B
5
in
Martial Arts