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Operating so well:"oh well you dont know how popular Pavel Semjonov is in Estonia"
Both are tiny sports globally save for a few select markets. Difference is MMA has the UFC which is a bigger global platform than anything in boxing. Try to actually look up and find footage (if you can) of all these global boxing cards happening to see how niche it really is. Theres actually more MMA promotions operating at a decent scale these days if anything.
Apart from their controversial contracts and business practices, ONE Championship has also shown to have some very alarming finances in the last few years.
Despite ONE’s executives routinely making bold claims stating otherwise, Bloody Elbow has gone over the promotion’s financial filings through the years, showing losses growing at an astronomical rate. ONE’s documents showed that they lost $111 million in one year alone, with accumulated losses of $383 million as of 2021.
ONE Championship's financial 'runway expected to expire' in 2024, more staff laid off - Report
Qatari investors are reportedly "embarrassed" of their involvement with ONE Championship, who might just need more funding soon.
bloodyelbow.com