Khabib Nurmagomedov Tax Problems Explained: How Much Money Does He Owe?

Khabib Nurmagomdeov has gained massive popularity in MMA circles due to his perfect record. He fought Conor McGregor at UFC 229, the most-bought PPV in the promotion’s history, and probably made a fortune from it. Nurmagomedov retired from MMA after defending his UFC lightweight belt for the third time at UFC 254. Since then, he’s […]

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Khabib Nurmagomdeov has gained massive popularity in MMA circles due to his perfect record. He fought Conor McGregor at UFC 229, the most-bought PPV in the promotion’s history, and probably made a fortune from it.

Nurmagomedov retired from MMA after defending his UFC lightweight belt for the third time at UFC 254. Since then, he’s focused on building his MMA promotion Eagle FC in Russia and training the likes of Islam Makhachev, Umar Nurmagomedov and Usman Nurmagomedov.

The former UFC lightweight champion has also made headlines recently due to tax problems. Here’s how much money Nurmagomedov owes to the Russian Federation and what happened to his bank account…

Does Khabib Nurmagomedov Owe Taxes?

As per Russian media outlet Mash and Ren TV, Nurmagomedov owes $3.3 million (306 million Rubles) to the Federal Tax Services in Russia. It was also reported that he’s left Russia and now has UAE citizenship. However, with no response from the Dagestani fighter and his camp, it is hard to confirm whether these allegations are entirely true.

The reasons behind the retired UFC lightweight’s financial problems are speculated to be tax evasion and incorrect information in records. In 2021, Octagon.media revealed that authorities had blocked his foundation accounts because of untimely report submissions.

“The Eagle” had to pay 36,000 Rubles to avoid the liquidation of his foundation’s account. The account ban could’ve affected the partners of his foundation such as Lipestk LMK Group, Prime Top Indusrtry LLC, and Rosinka.

What Happened To Khabib Nurmagomedov’s Bank Account?

In May 2024, Mash and Ren TV reported that the Federal Tax Services in Russia had seized Nurmagomedov’s Eagle FC and charity accounts. This was right after the authorities searched his gym due to connections with Gadzhimurad Kagirov, a fighter involved in the Derbent and Makhachkala terrorist attacks.

Nurmagomedov’s foundations that helped in the development of tourism in Dagestan were also allegedly shut down in the process.

Interestingly, the UFC legend’s team had rejected the early claims about his tax debt and had claimed that he was still growing his ventures.

On July 25, 2024, another report by Mash suggested that the authorities seized Nurmagomedov’s car collection worth over $800,000. This is suspected to be a result of him leaving Russia and settling in the UAE.

What Businesses Does Khabib Nurmagomedov Own?

Nurmagomedov owns Eagle FC, a Russian MMA promotion, and a fast food chain called M-Eat. Although it has previously featured the likes of Kevin Lee, Diego Sanchez, Rashad Evans, and Junior Dos Santos, the promotion’s last event took place in November 2023 and there’s no information on the next card.

M-Eat, on the flip side, has fourteen stores in Russia with plans to reach other countries as well.

Rival stars like McGregor have left no opportunity to call Nurmagomedov out for his tax troubles. Regardless, “The Eagle” has maintained silence while regularly appearing on UFC shows as a cornerman for Makhachev, Nurmagomedov, and other fighters.

Continue Reading Khabib Nurmagomedov Tax Problems Explained: How Much Money Does He Owe? at MMA News.