During a media conference call on Thursday, International Fight League CEO Jay Larkin confirmed rumors that the organization is actively shopping the promotion for new investors and could even possibly sell the company.
“Are we actively looking for a partner or a sale? The answer is, yes,” Larkin stated on the call. “We entertain phone calls and questions almost on a daily basis from potential investors, potential buyers, people who want to get in the MMA business, people who are already in the MMA business.”
The news comes just prior to the organization’s May 16 event, which will take place at the Mohegan Sun in Connecticut. The promotion will then go on a brief hiatus until its August 15 event, which will feature a newly designed hexagon-shaped ring dubbed “The Hex.”http://www.mmaweekly.com/absolutenm/templates/dailynews.asp?articleid=6233&zoneid=13