Despite all their big claims, ONE Championship’s losses continue to grow at an alarming rate.
In each of the last few years, Bloody Elbow has obtained copies of ONE Championship’s annual financial filings with ACRA, which is Singapore’s close equivalent to the SEC. When their 2020 numbers showed $48 million in losses for the year, ONE Championship CEO Chatri Sityodtong basically claimed fake news:
“I’ll just say like look, the internet is a dangerous place if you believe everything you read,” Sityodtong said in September 2021. “There was tons of inaccuracies, tons of errors, it’s not even like one or two, if it were just like one or two I would point it out.