There are more details leaking out in regard to Pride FC Worldwide Holdings (a.k.a. Lorenzo and Frank Fertitta, the majority owners of the UFC) filing a lawsuit in Clark County (Nevada) court last Friday against Dream Stage Entertainment, Dream Stage Holdings and DSE president Nobuyuki Sakakibara.

The Fertittas’ suit makes claims of being defrauded millions of dollars from the sale of Pride FC and Pride Bushido. So, what does that mean, you ask? Well, MMAWeekly.com is one site that has delved into some specifics:

Dream Stage was supposed to go through a background check and drug testing to ensure compliance with the regulatory requirements of the Fertittas’ gaming license in Nevada.

Operative words: GAMING LICENSE. I really don’t know how I can stress that enough. GAMING LICENSE.

It also looks like the situation could escalate further in short order, according to Sherdog.com:

A source close to DSE told Sherdog.com on Tuesday that Sakakibara was preparing his own suit against the Fertittas for breach of contract stemming from the decision to shut Pride down last October.

Perhaps the UFC vs. PRIDE feud isn’t over after all?

You know, it seems like both sides in the deal are unhappy. Why not an even exchange? Zuffa gets their money back and DSE gets PRIDE back?

Or maybe they could do the whole bizzarro dream concept on bad TV shows where someone is shown waking up and everything that took place in the past three episodes suddenly never really happened?

view original article >>

Report here if this news is invalid.

Related News

Daniel Cormier vs Anderson Silva Announced for UFC 200: Latest Details, Reaction

  • 17 days ago
  • 2703 views

Anderson Silva will replace Jon Jones at UFC 200 on Saturday and fight Daniel Cormier in a non-title bout. Brazil's Globo reported the news Thursday (via FloSports' Jeremy Botter). TMZ confirmed the read news >>

UFC Reportedly Sold: Latest Details, Comments and Reaction

  • 14 days ago
  • 124 views

The ownership of the UFC is reportedly changing hands. On Sunday night, TMZ Sports reported WME/IMG bought the company for around $4 billion. Chris Maathuis of KLAS-TV in Las Vegas confirmed the news read news >>

Jason 'Mayhem' Miller Arrested: Latest Details, Reaction on Former UFC Fighter

  • 14 days ago
  • 103 views

Former UFC fighter Jason "Mayhem" Miller was reportedly arrested Sunday morning in Costa Mesa, California, on charges of assault and battery, public intoxication and suspicion of assaulting a police read news >>

Key Moments in UFC History: The UFC vs Pride FC Rivalry (Video)

  • 13 days ago
  • 63 views

There have been many key moments in UFC history; one of them was the UFC vs. Pride rivalry. Take a look back as Dana White talks about sending Chuck Liddell to Pride. read news >>

Brock Lesnar Notified of Potential Failed Drug Test: Latest Details and Comments

  • 10 days ago
  • 88 views

The UFC announced on Friday that Brock Lesnar, who secured a unanimous-decision victory over Mark Hunt at UFC 200 on Saturday, has been flagged by the United States Anti-Doping Agency for a potential read news >>

Key Moments in UFC History: Dana White and Lorenzo Fertitta Announce the Acquisition of Pride FC

  • 6 days ago
  • 17 views

Key moments stand out in the UFC's story that grew the sport and drove up the company's value. The 2007 purchase of Pride FC ranks among the top of them. read news >>

Is Justin Bieber Preparing for His MMA Debut? Let’s Hope Not for His Sake

  • 6 days ago
  • 260 views

Justin Bieber seems to think he can fight like Floyd Mayweather Jr. read news >>