FEG Announces Partnership with PUJI Capital, Declares War With UFC

Filed under: DREAM, News, JapanDREAM and K-1 promoter FEG announced Friday that it is entering a partnership with Shanghai-based investment bank PUJI Capital that could be worth 20 billion yen ($230 million).

K-1 President Sadaharu Tanikawa stressed …

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DREAM and K-1 promoter FEG announced Friday that it is entering a partnership with Shanghai-based investment bank PUJI Capital that could be worth 20 billion yen ($230 million).

K-1 President Sadaharu Tanikawa stressed that FEG had not been sold and in fact it will now be setting its sights much higher.

“This is a declaration of war against the WWE and UFC. From Asia, we will take the world,” Tanikawa stated.

Tanikawa admitted that expansion to American soil would be futile at this stage and under the watchful eye of K-1 creator Kazuyoshi Ishii, they will set their sights on the rest of the world.

“Mr. Ishii is completely supporting us. We won’t stand a chance in the American market so we will spread to the rest of the world.”