PRIDE heavyweight champion Fedor Emelianenko has committed exclusively to the new ownership of M-1 Mix-Fight Championship, which has been purchased outright by an undisclosed American entertainment-related company, according to a source close to the deal who spoke on the condition of anonymity.

The article also stated:

The source confirmed the new ownership has infused a substantial amount of capital into the organization. Finkelstein and others will stay on to assist in running the company, which will continue to promote under a variation of the M-1 name. The new M-1 will take more of a global stance, and Emelianenko (26-1) will headline its inaugural event as early as January or February, possibly in the U.S., the source said.

And finally:

A formal announcement of the purchase, as well as plans for the new organization’s first event, is expected by the end of this month.



Quote Originally Posted by VanChilds
I've never even heard of M-1. Anyone know anything about it? How long is the contract for?
Sounds like it's a new organisation. Probably offered Fedor a BUCKETLOAD of $$$$ to be the face of it. I'm going to wait and see what else happens before I comment any further. I guess they are allowing him to compete in his sambo tournaments.