Non-Refundable Initial Payment Helps Support Planned Q4 Proof-of-Concept Event in Argentina and GFL's Staged League Launch
LAS VEGAS, Sept. 24, 2026 /PRNewswire/ -- Global Fight League (OTC: GFLE) ("GFL" or the "Company"), the international team-based mixed martial arts league, today announced the signing of a seven-figure binding Letter of Intent ("LOI") with investor and entrepreneur Ryan Brockbank for the rights to own and operate the first independently owned GFL franchise.
Under the signed LOI, Brockbank has agreed to acquire the franchise rights for a seven-figure purchase price. GFL has received and deposited a non-refundable initial payment toward the transaction, with the remaining balance payable in 2027.
The funding will help support an international proof-of-concept event in Argentina during the fourth quarter of 2026 and the league's preparations for its first full season of competition in 2027. Additional details regarding the Argentina event will be announced in the coming week.
GFL's four founding teams-in New York, Los Angeles, Miami and London-are currently owned and operated by GFL. Brockbank's independently owned franchise is targeted to begin competition in 2028, with its home market, team name and identity to be announced.
As GFL's first third-party franchise commitment, the agreement expands the ownership and capital base supporting the league's launch and long-term growth. GFL is also engaged in discussions with other prospective ownership groups regarding additional team franchises in other markets. While there can be no assurance that these discussions will result in completed transactions, the Company views third-party franchise ownership as an important component of its growth strategy.
"This is a significant milestone for Global Fight League," said Vince Hesser, Executive Chairman of GFL. "A notable, seven figure commitment has been made to acquire the rights to own and operate a GFL team franchise, and GFL has received a non-refundable initial payment toward that purchase. We believe this demonstrates meaningful commercial interest in the franchise model we are building for the benefit of MMA athletes, fans and GFLE shareholders."
"From the beginning, our vision for GFL has extended beyond producing individual fight events," said Darren Owen, Commissioner of GFL. "We are building a global, team-based sports property where franchise owners can represent major markets, develop their own rosters and fan bases, and participate in the league's broader economics. Ryan's commitment helps establish that ownership foundation, supports the league's launch and advances preparations for our first full season of competition."
Under the contemplated transaction, Brockbank would receive territorial rights in a market to be subsequently announced, together with the right to own and operate a GFL team and participate in revenues available to member franchises, subject to the execution and terms of definitive agreements.
Ryan Brockbank is an entrepreneur and business executive with more than 28 years of experience building and operating companies across construction and property development. His background includes founding and leading multimillion-dollar businesses and investing in substantial development projects.
"I see tremendous potential in what GFL is building," said Brockbank. "The opportunity to establish a team from the ground up and participate in the growth of a new team-based model for professional MMA is extremely compelling to me. This is a long-term investment, and we plan to build a first-class team that its community can rally behind. Not many opportunities arise to become a sports team owner, and I am excited to make this exceptional investment."
Additional information regarding Brockbank's franchise, including its home market, team name, branding, management and eventual roster, will be announced as GFL prepares for team expansion of the league in the 2028 season.
About Global Fight League
Global Fight League (OTC: GFLE) is an international sports entertainment company developing a professional team-based mixed martial arts league built around city- and market-based franchises. GFL's model is designed to combine professional MMA competition with team identity, localized fan engagement, live events, media distribution, sponsorship, licensing and franchise ownership.
For more information, visit www.mmagfl.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Statements other than statements of historical fact-including statements regarding the anticipated completion of the franchise transaction, payment of the remaining purchase price, execution of definitive franchise documentation, the planned proof-of-concept event in Argentina, GFL's planned first full season of league competition, the franchise's anticipated participation in the 2028 GFL season, discussions with prospective franchise owners, potential additional franchise transactions, future market and team announcements, league development and future commercial opportunities-are forward-looking statements.
Forward-looking statements are based on management's current expectations, estimates, assumptions and beliefs and are subject to risks and uncertainties that could cause actual results, events or performance to differ materially from those expressed or implied by such statements. There can be no assurance that the contemplated franchise transaction will be completed on the anticipated terms or timeline, that discussions with other prospective franchise owners will result in completed transactions, that the planned Argentina event or first full season will occur as anticipated, that the franchise will commence competition in 2028, or that the Company's development and commercial objectives will be achieved.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statements as a result of new information, future events or otherwise.
Media & Investor Relations Contact
Global Fight League (OTC: GFLE)
Communications Department
Email: pr@mmagfl.com
Website: www.mmagfl.com
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