We’re already eighteen days into 2011 and unfortunately we already have our first ‘Japanese MMA is doomed’ article. Back in July of 2010, FEG announced a strategic partnership with an investment firm called ‘PUJI’ and just to place the icing on the metaphorical fiancial cake, FEG also declared war on UFC and WWE. As Notorious B.I.G. would say, FEG pulled a ‘raw power move‘ on the entire combat sports world. On paper, it looked absolutely fantastic (and surprisingly like Pacman), but it appears that PUJI’s investment assistance has not aided the future of FEG. In an interview with Sports Graphic Novel, FEG President Sadaharu Tanikawa said that if the company continues its current course, they will die. Scary stuff.
“The current course is that FEG will die. There are probably staff members that will leave as well. The event name will be left but the promotion will change. If the current structure remains as it is it will be impossible to continue. If many investments from companies overseas do not come in we can’t survive.”
Last year, Sengoku claimed they will surpass DREAM and dominate Japanese MMA by letting FEG ‘self-destruct’. At the time, it was an absurd claim from the executives at Sengoku, but now with Tanikawa’s open plea for foreign investors, it doesn’t seem that far-fetched. [Source]