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Published 15:26 10 Nov 2015 GMT
A statement from 9ine said that the company was 'taking a stand as to what we believe is unfair to athletes'.
It also said:
The agency does not believe in the new model adopted by the company in attracting sponsorship and believes that this directly hurts all athletes from the organization, and also the companies that supported and backed the UFC for many years. ... We have principles based on the vision of a former athlete and sports fan. Our president, Ronaldo Nazario, does not tolerate seeing an organization change its sponsorship funding rules and fighter remuneration -- arbitrarily -- without taking a stand.Reports that Brendan Schaub is chairman of 9ine are, as yet, unconfirmed.
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