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IFL In Final Stage of Being “Sold and/or Closed Down”

International Fight League (IFL)In an recent email to members of the media International Fight League senior vice president of communications Joe Favorito announced that the MMA promotion is in the final stages of being “sold and/or closed down”:

“…The IFL will be no more as the company goes into its final stage of being sold and/or closed down.  We are very proud of what we did here in just over two years, building a brand from nothing into something that people in the industry and outside of the industry actually noticed. At the end of the day sometimes the finances don’t make sense, but it certainly wasn’t for lack of trying.”

Though no official announcement has yet been made regarding a potential sale, it has been widely reported that the UFC will purchase select assets from the IFL, likely including its fight video library and remaining fighter contracts.

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