Financial Backer of Fight Nights Global arrested and charged with embezzlement of over $35 million

[JayPettryMMA]

The journalist Karim Zidan has been reporting on the happenings of this shady billionaire Ziyavudin Magomedov, who is the money behind Fight Nights Global, including:






I would wager that this is the beginning of the end for Fight Nights Global/EFN.

 

[FKA]

If so a ton of solid euro talent will be on the market soon......

 

[EndlessCritic]

wtf is this garbage? Actual MMA journalism? get outta here.

 

[JayPettryMMA]

wtf is this garbage? Actual MMA journalism? get outta here.

It's strange, it almost feels out of place among the sea of TMZ threads about stupid things Schaub said or people whining about Luke Thomas or whatever.

 

[Feniamin]

The journalist Karim Zidan has been reporting on the happenings of this shady billionaire Ziyavudin Magomedov, who is the money behind Fight Nights Global, including:






I would wager that this is the beginning of the end for Fight Nights Global/EFN.

I don't think it's the beggining of the end. Like, I heard at least two accounts when month has passed since their fight in Fight Nights and fighters still wasn't paid (so sounds like he wasn't spendidng that much money on Fight Nights). And Fight Nights existed before Magomedov and without him.

 

[europe1]

Very interesting. Considering how shady MMA financing is, this is one of those news-stories that you're always on the lookout for.

 

[Kinger85]

questions about the money and construction of 2018 World Cup Stadiums?!?!?!?!

I am stunned.....