Why Did Manny Pacquiao bought ONEFC promotion stake?

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Why Did Manny Pacquiao bought ONEFC promotion stake?

Post by kayneoTheRisingWarrior on Sat Dec 06, 2014 8:10 pm

Many people were surprised when Manny Pacquiao  decided to throw his hat into the mixed martial arts (MMA) business earlier this year.
 
Last August, the Filipino Boxing icon  reportedly purchased a small stake in One FC, which promotes MMA cards throughout Asia.
 
For One FC CEO Victor Cui, the similarity between boxing and MMA goes beyond the blood, sweat, and tears that go into the fights. That, he said, was what sold Pacquiao on the sport.
 
For Pacquiao, MMA presented the same opportunity that boxing presented for those who want to improve their lot in life.
 
"He said, 'If I look at all the sports, there's really only two that allows somebody with no money from poverty to become a world champion: boxing and MMA,'" said Cui.
 
"[Pacquiao said] I love basketball but even if you're the best in your barangay, the best player in your community, you [still] have to go to an institution. You have to go to college or university to advance so you are limited."
 
Cui said that the fighter was impressed by One FC' record of selling out cards, despite having no superstar of Pacquiao's caliber.
 
According to Cui, Pacquiao also has ideas on how boxing and MMA can come together in the futre 
 
"He's got this idea down the road, what he likes to do is find a way to combine events of boxing and MMA," said Cui. "He also likes to see [One FC] go out to provinces. He sees that it makes a lot of sense to be managing MMA athletes as well."
 
It remains to be seen how successful and vital Pacquiao's role will be in One FC. But as early as now, Cui cites that having the Filipino icon on board is a win.
 
"There's no bigger fighter in boxing in the world than Manny. [Having him] in an MMA event , that's a game changer (for ONE FC) without a doubt." — JST, GMA News

http://www.gmanetwork.com/news/story/391087/sports/othersports/why-manny-pacquiao-bought-into-mma-promotion

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Re: Why Did Manny Pacquiao bought ONEFC promotion stake?

Post by Rizin=PRIDEFC on Sun Dec 07, 2014 2:22 am

He bought it as long term investment. ONE will grow globally and maybe they add boxing so it could become big and all... but he will not come in throw bunch of money and all. Its long term thing!
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