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http://www.mmafighting.com/2010/07/...e-panicking-after-fedors-loss/?sms_ss=twitter

Ten days after Fedor Emelianenko lost to Fabricio Werdum, Fedor's promotional organization M-1 Global is in disarray as it attempts to adjust to a world in which Fedor is no longer considered the best fighter in MMA.

Specifically, sources with knowledge of the situation say M-1 Global has closed its head office in the Netherlands, that some of M-1's investors have already cut ties with the organization, that officials within M-1 know they've lost most of their negotiating power, and that overall, according to one source, the people at M-1 are "panicking."

Some details:

Netherlands office: Although M-1 Global was widely perceived in the United States as a Russian company because of its close ties to Fedor, it actually considered its office in the Netherlands to be the global headquarters. But that's not the case anymore, as the Netherlands office has ceased to exist. M-1 Global knows it can't count on as much income from Fedor in the future as it could in the past, and closing the Netherlands office was a cost-cutting move. As mixfight.nl first reported, the employees of M -1 Netherlands no longer work with the organization, although it's not clear what will happen to Dutch fighters with M-1 contracts.

Losing investors: During Fedor's reign as the sport's heavyweight king, M-1 Global had some wealthy businessmen it could count on when it needed an infusion of cash. Basically, these were businessmen who were willing to lose money on an investment in M-1 just because they liked being associated with the toughest man in the world. But Fedor no longer has that allure, and as a result those investors have signaled to M-1 that they won't be infusing any more cash in the promotion.

Contract negotiations: For the last couple of years, M-1's negotiating stance has been, essentially, "We've got Fedor, and the only way you can get him is to give in to all of our demands. Take it or leave it." That worked with both Affliction and Strikeforce, because both desperately wanted the man who was generally recognized as the heavyweight champion of mixed martial arts. But now that Fedor isn't at the top of the sport anymore, the "take it or leave it" stance simply won't work. M-1 Global and Fedor had a three-fight contract with Strikeforce, and after the first fight, against Brett Rogers, M-1 went to Strikeforce and demanded some additional concessions before booking the second fight. If Fedor had beaten Werdum, you can bet more concessions would have been made to get Fedor into the third fight of his deal. Now, if anything, it's going to be Strikeforce demanding that M-1 make concessions before a third fight can get booked.

Panic: Fedor never viewed himself as unbeatable, but the people around him were banking on him continuing to win every single fight for years to come -- and they didn't have much of a backup plan in case he lost. Now that he has lost, the people around Fedor are panicking. Fedor himself wants to get back to the business of fighting, but the rest of the people at M-1 Global don't know if they have a business to get back to.
 

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The American Psycho
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:happy03::happy03::happy03::happy03::happy03::happy03::happy03::happy03::happy03::happy03::happy03::happy03::happy03::happy03:

Now that I got that Out of my system!

Its about ******* time. With M-1 Global out of the picture maybe Fedor will go to the UFC. One could hope!
 

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The American Psycho
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M-1 says rumors are false!

M-1 Global’s Director of Operations, Evgeni Kogan, denied an MMAFighting.com report Tuesday that stated the company’s Holland-based office had recently closed its doors. Kogan also denied that the promotional/management group is in a state of “panic” and disarray following its client Fedor Emelianenko’s loss to Fabricio Werdum at Strikeforce/M-1 Global “Fedor vs. Werdum” on June 26 in San Jose, Calif.

Kogan told Sherdog.com on Tuesday that the company recently fired four employees in its Holland office as part of its ongoing restructuring of the organization, but that the office remains fully functional with seven employees. Kogan, who was hired in January specifically to reassess the company’s operations, said he wasn’t sure if it would be necessary to replace the recently dismissed employees and that he remains a part of the Dutch office himself.

In addition, Kogan said M-1 Global currently has more than 60 fill-time personnel internationally, with offices in St. Petersburg, Russia (30 employees); Ukraine (20 employees); the U.S. (5 employees); as well as individual affiliates in Asia. Kogan said all of the offices overlap in M-1 Global’s day-to-day operations. Kogan said the Holland branch has been and will still be considered the organization’s main headquarters, as it presides mostly over Emelianenko’s projects.

“This is just four people out of 70 and there’s constant crossover,” said Kogan. “We have people from the Russian office working in the States. We have people from Holland traveling (to shows.) Those four people weren’t four out of 11; it was four of 70.”

M-1 Global will promote a Moscow event on July 22 and the next leg of its “Selection” series on Aug. 7 at Bally’s Hotel and Casino in Atlantic City, N.J., said Kogan.

The M-1 representative stated that all of the fighters M-1 has contracted -- including its Dutch athletes -- are still scheduled to compete.

Kogan said the report stemmed from “a disgruntled former employee” who spoke to a Russian Web site. Kogan suggested that other Web sites had translated the report and used its information.

Kogan also denied that M-1 has lost investors in the wake of Emelianenko’s defeat.

“It’s been the same investors and leadership since 1997,” said Kogan. “It’s been the same people (involved) for 13 years. Nothing has changed. For 13 years, it’s been the same. It’s the oldest running (MMA) organization in its current form.”

Kogan said Russian businessman Sergei Matvienko, who was present at June 26’s co-promoted event with M-1 Global President Vadim Finkelchstein, remains a steadfast and “substantial” investor.

And though Kogan said himself and other M-1 Global employees were upset following’s Emelianenko’s first loss in 29 fights and nearly 10 years, the defeat has little bearing on the business mechanics of the organization moving forward.

“The business side of things doesn’t change,” said Kogan. “If Michael Schumacher doesn’t win a Formula 1 season, does (it cost him) half the money in the next season? It’s ridiculous. The business reality has nothing to do with one loss. It’s completely misguided to think that it makes any difference.”

Emelianenko has one more bout under M-1 and Strikeforce’s current co-promotional contract. Both entities have independently stated they will meet again shortly to explore contract extensions already laid out in the agreement. Kogan downplayed that Emelianenko’s recent defeat would affect M-1 Global’s negotiation power with the U.S.-based promotion. Kogan stated that the 33-year-old Russian fighter -- considered one of the greatest mixed martial arts’ fighters ever -- is still a commodity.

“Fedor has status in this sport, financially and in terms of perspective,” said Kogan. “To believe any different is to be out of touch with the business reality of mixed martial arts or any other sport for that matter.”

Kogan also said it was absurd for observers to claim that M-1 Global never banked on Emelianenko losing in the future.

“I think it’s the same kind of statement as if you said, ‘We’re morons,’” said Kogan.
Damn it, False Alarm! Here I was thinking there was hope for the world!:(:(
 

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...M-1 doesn't interest me. What interests me is that Coker might give Fedor a shot at Overeem for the last fight on his contract. I hope it happens. Werdum doesn't want to face Fedor again. He knows he will lose for sure the second time around. Overeem & Fedor would be a big draw. I personally think whoever Emelianenko faces next will get destroyed in dominating, convincing fashion. He will have something to prove. I'm gonna keep a happy, humble smile on my face because Fedor's return will be cramming crow down all the haters & doubters throats with vicious intentions...I can't wait!!!
 

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Bottom line is he lost once, this is bullshit and it also shuts all the Russian Mob idiots up, the reality is if these investors have backed away....they will regret it right after his next fight, for them to not realize this tells me 2 things, one they dont give a shit, and second, he is done fighting......in which case he would get shit on and his legacy would be worth nothing which is an utter shame....
 

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Happy that this is happening. They really added a dark side to MMA, and I did not like it.
 

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The Title Guy
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Alright back onto subject, M-1 Global could possibly be in trouble if they don't start reforming their business practices!
 
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