Chatri Sityodtong Predicts Massive Movement For ONE Championship In 2024

Add as a preferred source on Google

After a strong finish to 2023, ONE Chairman and CEO Chatri Sityodtong predicts that things can only get better for ONE Championship as he leads the company to a bigger and brighter 2024.

In 2023, ONE staged shows in the iconic Lumpinee Boxing Stadium in Bangkok, moving from usual base of Singalore Indoor Stadium in Singapore. The promotion also made entry into US with ONE Fight Night 10.

The year also saw the introduction of a weekly show - ONE Friday Fights featuring mainly Muay Thai fighters from Thailand and also a few mixed martial arts (MMA) bouts. Now, the promotion's CEO predicts an even bigger year in 2024.

This past week, Sityodtong went on CNBC to discuss ONE's latest stats and figures, stating its 2023 numbers will reach over US$100m in revenue and even double by the end of 2024, thanks to the company's evolution.

"This year we'll cross over US$100m, and next year we'll approach US$200m in revenue. That will be our biggest incremental jump in revenue in the history of the company. But more importantly, we anticipate core business profitability by the second half of next year," Sityodtong told CNBC.

ONE has continued to dominate the social media space both in and outside of the combat sports world. Its figures in 2021 showed over double that of the UFC, while sitting only 500,000 views behind the NBA across all social media platforms.

The promotion has so far hosted 32 events, including 11 fight night events and 21 friday fight events, in 2023 with three more events (1 fight night and 2 friday fight) in store for November and December.