Troubles and Failure
On October 4, 2008, prominent EliteXC fighter Kimbo Slice lost via early knockout to late replacement fighter Seth Petruzelli. The unexpected outcome of this fight drew a great deal of attention, and subsequent comments by Petruzelli that he was offered a monetary bonus to employ certain techniques during the fight (comments he later recanted and obfuscated), raised the question of undue influence by EliteXC representatives in fights. Significant debt incurred by parent company Pro Elite with no investors or buyers showing interest caused the subsequent cancellation of the November 8, 2008 event. Combined with the Florida State Athletic Commission launching an investigation into the Slice/Petruzelli fight, Pro Elite announced on October 20, 2008 that they would cease operations.
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Famous quotes containing the words troubles and/or failure:
“When a man laughs at his troubles he loses a good many friends. They never forgive the loss of their prerogative.”
—H.L. (Henry Lewis)
“Insurrection. An unsuccessful revolution; disaffection’s failure to substitute misrule for bad government.”
—Ambrose Bierce (1842–1914)