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Japanese Media Reporting Pride FC Sold To The Fertittas
According to MMA Weekly, Japaneses media is reporting the deal with pride is done. Pride will be run as a separate entity from Zuffa LLC. The two entities will be putting on a cross promotion show once a year, where here the best fighters will meet.
The Japanese newspapers reported today in Tokyo, Japan that the UFC has bought Pride. The UFC/Pride rumor has been circulating for awhile, but the deal appears to be done. One of the newspapers in Japan, SportsHochi, reported that the Fertittas, who owns Zuffa which operates the UFC, will start a new company thus disbanding DSE(Dream Stage Entertainment, which has been the company that Pride has operated under). DSE/Pride President Nobuyuki Sakikabara, who brought Pride to the United States and was successful in making the Pride brand one of the most compelling MMA promotions in the world, is reportedly resigning from his position.