PFL Purchases Bellator MMA, to Continue The Brand on Its Own
Backed by Saudi Arabia, PFL MMA has purchased Bellator MMA promotion from Paramount for an undisclosed sum.
The news was revealed by PFL itself. PFL Founder Donn Davis informed that Bellator MMA will continue as its own brand in 2024 with its own set of fight rules and fighters. This means moves such as elbow strikes will be allowed which is not the case with PFL fights.
But, Bellator will now share its roster of fighters with PFL. Also, there is a planned Bellator vs PFL event to take place some time in 2024.
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β PFL (@PFLMMA) November 20, 2023
PFL has been in expansion mode this year. First, they announced plans for PFL Africa along with signing of Francis Ngannou. They also introduced a new Super Fight Division for PPV event. Last month, the company raised about $500mn in its last financing round along with selling a minority stake to Saudi Arabiaβs Sports Investement Fund.
It is informed that Paramount will continue to hold a minority stake in Bellator after the deal. PFL Founder Davis also said that they plan to revitalize Bellator and hold its events in 2024.
There were runblings earlier about this deal taking place. There are currently no new events announced by Bellator for future. Bellatorβs latest event, Bellator 301 took place last weekend.
