In a significant financial maneuver, FEG, the parent company of Dream and K-1, announced that they have inked a deal worth $230 million (USD) with the Shanghai-based bank PUJI Capital.
The importance of the deal was not understated by K-1 President Sadaharu Tanikawa, as he took aim at those who his company will look to compete against, specifically his stateside counterparts.
“This is a declaration of war against the WWE and UFC. From Asia, we will take the world,” said Tanikawa...More?
source: 5thround.com
July 16, 2010
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