Gut check for MMA Finances

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babytater03
4/23/08 2:43:06PM
Two key players in the mixed martial arts industry may soon go down for the count, underscoring the significant financial volatility in the sport despite its tremendous hype.

International Fight League and ProElite Inc., the latter of which made waves in February by signing the first MMA broadcast contract, warned in securities filings last week that they may run out of money later this year. Both also cautioned they could have accounting irregularities that resulted in inaccurate financial reports.

SOURCE






move to news forum if so needed Mods.
nhs1126
4/23/08 4:31:04PM
that doesnt really suprise me.. the IFL doesnt seem to be that popular and they are shelling out more money then they are taking in
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