The Professional Fighters League has announced the completion of an additional round of financing, with a round of financing of $65 million dollars being invested.
In advance of their spring return, the company has announced a new round of financing bringing their total investment up to a total of $175 million dollars. The announcement comes in advance of their spring return, slated for early April.
PFL announced today the completion of a $65 million financing round, bringing total funding of the company to $175 million, per a release. The $65 million institutional financing round was led by Ares Capital, Elysian Park Ventures, and Knighthead Capital.— Ariel Helwani (@arielhelwani) February 18, 2021
PFL is home to an investor group that features two dozen media, sports, and business leaders and influencers, including Ted Leonsis, Brandon Beck, Mark D. Lerner, Mark Burnett, and Debra Cafaro.— Ariel Helwani (@arielhelwani) February 18, 2021
I’m told a good portion of this new funding will be devoted to fighter acquisitions.
As noted, the PFL now features even more high profile investors, including Ted Leonsis, owner of the Washington Capitals and Wizards, Mark Lerner the principal owner of the Washington Nationals, and high profile TV producer Mark Burnett.
The company reacted exacted excitedly to the news being reported via their social media outlets.
The PFL 2021 Regular Season begins on Friday, April 23, with subsequent regular events taking place on April 29, May 6, June 10, June 17, and June 25.