Japanese MMA promotion, DREAM faces an uncertain future in 2011

Mike Kogan, the US representative of FEG, the parent company of DREAM and K-1 has given a very clear sign that Japanese MMA promotion, DREAM faces an uncertain future after revealing potential investors PUJI Capitol may struggle to find the $230 million spoke about.

Kogan, speaking to MMAJunkie.com, said:

“Are you asking me if we’re going to be in business after Dynamite [on New Year’s Eve]? I don’t know. It’s very difficult. Obviously, we’re short on revenues, and we need to – besides restructuring – we need to be able to find new sources of revenue.”

“You need money to make money, so to speak. I don’t sit in on the financial meetings. But it’s very challenging. We need investment money. That’s the bottom line.”

“Where I have no problem telling somebody to go [expletive] themselves, they wouldn’t, and [they] end up spending money on something we really shouldn’t be. You know what I mean? It’s just a different culture. They don’t operate necessarily how we do. That’s just my opinion.”

About William Smith

After watching the first Ultimate Fighting Championship I became instantly hooked. I've been a huge fan of the sport of MMA ever since. Haven't missed a UFC event & thanks to fight pass I've witnessed some of the all time greatest fighter & athletes the sport through Pride, Strikeforce, WEC, Glory, Pacrase, EliteXC.............. I resently joined MMA-paradise.com & will use this site to continue to bring the latest news from the world of MMA to all our loyal followers.