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Pride Sale Confirmed to U.S. Staff

According to Dave Meltzer of the Wrestling Observer Nobuyuki Sakakibara, Pride President and CEO, has confirmed the Pride sale to the Fertitta brothers in a message to employees. From the article:

“Nobuyuki Sakakibara yesterday told several members of the U.S. Pride staff that the company is in the proces of being sold to Lorenzo & Frank Fertitta. He said the agreement in principal is done but there are still some minor points to be worked out and the contract is not signed. Sakakibara said he would be leaving the company but that everyone would be keeping their jobs. The company would be operated separately from UFC, but obviously UFC could use any Pride fighter for a big match that it needed.”

This seems to be the most solid news we have heard of so far regarding the sale but this is not a done deal. Any number of things could go wrong with this deal like they have before so until it is announced these are only rumors, very solid rumors.

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