Dana White Reacts To New $70 Million Funding For One Champion

One Championship just made a huge announcement and UFC president Dana White reacted in his classic style, as always.

One Championship – The Home Of Martial Arts is Asia’s largest sports media property. They are on a mission to celebrate the true beauty of martial arts through the development of global superheroes.

They recently announced that they will be cutting one-fifth of their workforce even though they just raised $70 million in their latest round of funding. “One” hasn’t staged an event since the 28th of February due to the global pandemic and the lockdown measures in place.

In a recent statement, they said they have taken the decision to streamline their operations. Further, they have reduced 20% of their total worldwide headcount despite their newly received funding.

Dana White reacts to the announcement

The president Hua Fung Teh put out a statement that read, “I am thrilled to announce that ONE Championship closed another round of funding a few weeks ago with existing institutional investors as well as a new institutional investor. I am full of gratitude for this strong vote of confidence amidst the worst global economic crisis in 100 years. With 9 figures of cash on the balance sheet and a streamlined organization, ONE Championship looks forward to continuing to delight our fans around the world with more heroes and new experiences for many years to come.”

Dana White took to Twitter and reacted to this in a way some of us wouldn’t expect him to. He summed his reaction up in one simple line that was enough to capture his emotions about the announcement. He might be taking a shot at the president and how they run things over there.

Dana said, “Why the f**k would they announce that.”

Dana White probably thinks the whole matter isn’t one they should announce. Do you agree with Dana White’s reaction?