H POWER
23-11-2006, 06:44
Found this on prides future. i will post a link if you need one.
Dont try and make out like i wrote it myself because i am not that bored.
One way to know how bad of a state a company is in is to look for high profile exits. And this week there have been two.
Aleksander Emelianenko, the brother of Fedor Emelianenko and a top heavyweight in his own right has announced he wants to strike a deal with the UFC, wanting to knock Tim Sylvia silly almost as bad as his older brother would. The problem with that is Aleksander was convicted of armed robbery in the late 1990s and therefore has a very slim chance of getting a working visa in America. But a guy can dream, can’t he?
Then The Fight Network announced PRIDE announcer and TFN contributor Mauro Ranallo, fresh from doing PRIDE’s dirty work of claiming the WWE is after them, announced he was parting ways with the company, claiming he is unhappy working for PRIDE. He is the 4th announcer to leave the company in under a decade.
Another way to tell how bad of a state a company is in is how much they’re selling off parts of the company. Financial backers in America and South Korea don’t just have a promotional deal with PRIDE, they own a part of them. PRIDE has been quietly selling percentages of the company to a Las Vegas casino company and a South Korean sporting company to stay afloat. That’s one of the last resorts of a dying business and was kept quiet for a reason.
And just when PRIDE thought no more news was going to come out about the Yakuza scandal, it did. Seiya Kawamata filed another lawsuit against Nippon-TV after losing his original lawsuit in September, this time even more explicitly detailing his involvement with PRIDE’s Yakuza links. Incidentally right at the same time DSE claimed they were in multiple negotiations with TV stations.
They can’t go on like this. They won’t go on like this. If they last to New Year’s Eve it will probably be their last hurrah. Maybe they can get a South Korean show or two running, but it won’t go beyond that. I highly doubt they can afford another trip to America. Rumors have the November Bushido card as the last Bushido event, as a cost cutting measure even though the shows turn a decent profit in Japan because they‘re cheap to run.
I may be a pessimist by nature, but I can’t find one positive thing to tell you about PRIDE right now. Except that Cro Cop will come off of IR sooner than we thought. If PRIDE makes it that long
Mike Tyson working in a whore house and Pride cancelling Macau.
Dont try and make out like i wrote it myself because i am not that bored.
One way to know how bad of a state a company is in is to look for high profile exits. And this week there have been two.
Aleksander Emelianenko, the brother of Fedor Emelianenko and a top heavyweight in his own right has announced he wants to strike a deal with the UFC, wanting to knock Tim Sylvia silly almost as bad as his older brother would. The problem with that is Aleksander was convicted of armed robbery in the late 1990s and therefore has a very slim chance of getting a working visa in America. But a guy can dream, can’t he?
Then The Fight Network announced PRIDE announcer and TFN contributor Mauro Ranallo, fresh from doing PRIDE’s dirty work of claiming the WWE is after them, announced he was parting ways with the company, claiming he is unhappy working for PRIDE. He is the 4th announcer to leave the company in under a decade.
Another way to tell how bad of a state a company is in is how much they’re selling off parts of the company. Financial backers in America and South Korea don’t just have a promotional deal with PRIDE, they own a part of them. PRIDE has been quietly selling percentages of the company to a Las Vegas casino company and a South Korean sporting company to stay afloat. That’s one of the last resorts of a dying business and was kept quiet for a reason.
And just when PRIDE thought no more news was going to come out about the Yakuza scandal, it did. Seiya Kawamata filed another lawsuit against Nippon-TV after losing his original lawsuit in September, this time even more explicitly detailing his involvement with PRIDE’s Yakuza links. Incidentally right at the same time DSE claimed they were in multiple negotiations with TV stations.
They can’t go on like this. They won’t go on like this. If they last to New Year’s Eve it will probably be their last hurrah. Maybe they can get a South Korean show or two running, but it won’t go beyond that. I highly doubt they can afford another trip to America. Rumors have the November Bushido card as the last Bushido event, as a cost cutting measure even though the shows turn a decent profit in Japan because they‘re cheap to run.
I may be a pessimist by nature, but I can’t find one positive thing to tell you about PRIDE right now. Except that Cro Cop will come off of IR sooner than we thought. If PRIDE makes it that long
Mike Tyson working in a whore house and Pride cancelling Macau.