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Conor McGregor’s business empire has expanded once again.

It was revealed on Saturday night during the Bare Knuckle Fighting Championship (BKFC) ‘KnuckleMania’ event that McGregor has become co-owner of the fight league — a development which comes close to a year to the day after he appeared in the BKFC ring for an impromptu staredown with one of the organisation’s biggest stars, Mike Perry.

And speaking to the media following the surprise development, BKFC president David Feldman said that partnering with McGregor can only help the company and sport grow into a major player in the combat sports space.

“He’s now an owner of BKFC with us and we’re going to take this motherf*cking thing all the way to the top now,” Feldman said at the post-fight press conference in Los Angeles.

“He came to our event —  in two days it will be a year —  in Denver,” Feldman added. “He jumped in the ring, he called out Mike Perry in fun, and one thing led to another. We partnered with his beer, for his Irish stout, and they became a sponsor of us. He fell in love with this.

“We had some unbelievable conversations, some great ideas already exchanging. It was funny, I was telling my wife, ‘I was dying for Conor McGregor to call me and now the guy won’t stop calling me.’ It’s unbelievable. But he is so excited about this thing. I really think it takes it to the next level.”

Ahead of Feldman’s comments, a video posted online by McGregor elaborated on the partnership.

“’The Notorious’ Conor McGregor here. Ladies and gentlemen, the huge announcement that I have for you today, Conor McGregor myself and McGregor Sports and Entertainment is now an owner of Bare Knuckle Fighting Championships,” he said. “Welcome to the big leagues. David Feldman, baby, we did it.”

McGregor returns to the cage to headline UFC 303 opposite Michael Chandler on June 29.