“PRIDE heavyweight champion Fedor Emelianenko has committed exclusively to the new ownership of M-1 Mix-Fight Championship, which has been purchased outright by an undisclosed American entertainment-related company, according to a source close to the deal who spoke on the condition of anonymity.”
The source confirmed the new ownership has infused a substantial amount of capital into the organization. Finkelstein and others will stay on to assist in running the company, which will continue to promote under a variation of the M-1 name. The new M-1 will take more of a global stance, and Emelianenko (26-1) will headline its inaugural event as early as January or February, possibly in the U.S., the source said.
On March 27, Ultimate Fighting Championship majority owners Lorenzo and Frank Fertitta bought the assets of PRIDE, only to discover Emelianenko had previously signed a non-exclusive, non-transferable contract with its former owners, Dream Stage Entertainment.
With this news, chances of seeing Fedor ever fight some of the best heavyweights in the world are starting to fade.