Khabib's financial backer Ziyavudin Magomedov (owner of FNG) got arrested.

Discussion in 'UFC Discussion' started by Fedor's NO.1 Fan, Apr 24, 2018.

  1. Fedor's NO.1 Fan

    Fedor's NO.1 Fan Ultimate Fedorist Platinum Member

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    For those who don't know

    FNG = Fight Night Global.

    More details:

    He was the main backer of the promotion. But he’s also now in jail for embezzling over 44 Million dollars from the Russian government. Plus his bail was rejected. Bad news for Fight Nights Global & for anyone he is backing at the moment.

    He was given government funds to build a new stadium for the World Cup and he skimped them out by using cheap materials and untrained labor.


    Regarding Khabib, Magomedov also financially supports several fighters, including Khabib . Magomedov paid for his back surgery in 2017, which was done in Germany, and funded the majority of Khabib’s expenses during training camps

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    Last edited: Apr 24, 2018
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  2. KB Warrior

    KB Warrior Brown Belt

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    What does “financial backer” mean? Doesn’t Khabib get paid by the UFC?
     
  3. Aldo145

    Aldo145 Blue Belt

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    Damn. Send krylov to ksw.
     
  4. Fedor's NO.1 Fan

    Fedor's NO.1 Fan Ultimate Fedorist Platinum Member

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    He seems to be one of the main sponsor of the MMA gym/club that Khabib's father runs. He helps majority of the Dagestani fighters with their training cost & other things.

    Edit: After some research it appears he was the founder & sponsor of the " Eagles MMA" which Khabib is a member of.
     
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  5. Tugboat

    Tugboat Purple Belt

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    Don’t they poison people for less crimes than that?
     
  6. Rdude92

    Rdude92 Purple Belt

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    well khabib won more than half a mil last fight..so I think he's in the clear
     
  7. VAfan

    VAfan Silver Belt

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    they should have hired him for the Big Dig in Boston.
     
  8. ryanrandy

    ryanrandy Black Belt

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    I think they did that for the big dig and it still took like 2 decades.
     
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  9. 20falarVerdades

    20falarVerdades Red Belt

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    Khabib is making $500k/fight ... that's more than enough to live at Dagestan
     
  10. made2collect

    made2collect Blue Belt

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    Half a mil in his last fight does not by any stretch mean he's in the clear.. Not without knowing the full nature of their "arrangement".. Either way it cant be positive for Khabib !!
     
  11. Fedor's NO.1 Fan

    Fedor's NO.1 Fan Ultimate Fedorist Platinum Member

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    I don't think he gets the entirety of the 500K. Eagle's MMA might take a huge chunk as a cut. Then there are other expanses. After all said & done I don't think he gets that much for his own.
     
  12. Silverstar17

    Silverstar17 Red Belt

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    I hate people who do stuff like this.

    They basically rip of the entire population of their country at once. And it's even worse if they already are rich af.

    I won't feel any empathy if he rots in a Russian prison hole. But usually these guys get of easy.
     
  13. tithas

    tithas Brown Belt

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    Yes but his sketchy claim to not needing money is because he is bought and paid for by scummy Russian oligarchs like this pile o' shit.
     
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  14. kmelloh

    kmelloh Blue Belt

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    This post is a little late no? I thought this news came out during fight week for 223. Or is The arrested part new?
     
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  15. Mikey Tanisha

    Mikey Tanisha Orange Belt

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    Also if anyone does not know. In UFC 223, when Khabib spoke in his native tongue in the post fight interview, he asked Putin to help Magomedov out of jail. Joe Rogan just heard Vladimir Putin and asked Khabib to translate.
     
  16. BigBadBruins

    BigBadBruins Green Belt

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    Source?
     
  17. Straightcross

    Straightcross Double Yellow Card Double Yellow Card Yellow Card Banned

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    This news of him being arrested is like a month old
     
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  18. chukutee

    chukutee Genetic Freak

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    Rich crooks often sponsor fighters in order to launder money, arrange match fixing etc. Sometimes just vanity projects.

    In Khabib's case his financial backers probably paid for his padded record in Russia. He was fighting 0-0 guys for his 14th pro fight or something.... that's clearly a guy being paid to show up and get his ass whooped.
     
  19. Eagle's bear

    Eagle's bear White Belt

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    I do remember it as well. He kind of asked Putin for help to sort this matter
     
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  20. Mikey Tanisha

    Mikey Tanisha Orange Belt

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