From PRIDE -Secret Files
March 2007, Lorenzo Fertitta purchased PRIDE and took over its management rights. Also the owner of the UFC, he announced at the press conference, “The UFC is like my baby, and now I have another and I love both just the same,” but in the end without even having held a single “new PRIDE” event, they closed up the Japanese office in October of the same year. This was the real death knell of PRIDE.
Was the real reason Lorenzo bought PRIDE to kill it off or did something occur that became a reason that it had to be shut down? As for Lorenzo’s real aim, let us first go deeper....
March 2007, Lorenzo Fertitta purchased PRIDE and took over its management rights. Also the owner of the UFC, he announced at the press conference, “The UFC is like my baby, and now I have another and I love both just the same,” but in the end without even having held a single “new PRIDE” event, they closed up the Japanese office in October of the same year. This was the real death knell of PRIDE.
Was the real reason Lorenzo bought PRIDE to kill it off or did something occur that became a reason that it had to be shut down? As for Lorenzo’s real aim, let us first go deeper....