ONE Championship’s financial losses keep growing at an alarming rate. Earlier in October, Bloody Elbow reported on the promotion’s recent filings with the Singapore government, showing $110 million in losses for 2021 alone, and $383 million in accumulated losses.
Like he did a year ago, when ONE filed their annual financial statements with ACRA (Singapore’s close equivalent to the SEC) and showed $48 million in losses for 2020, ONE’s CEO Chatri Sityodtong again basically claimed “fake news” on their own 2021 report.
“I think if you want financial information, go to the most credible sources in the world, like a Bloomberg or Financial Times, which also wrote articles on ONE.