K-1 World Grand Prix Potentially Cancelled!!

This week has been a rollercoaster for K-1 Final 16 news. It's Showtime's Simon Rutz set multiple deadlines for FEG to pay the money owed to It's Showtime and their fighters, with the final deadline set for Friday by end of business. LiverKick.com has been in close contact with It's Showtime officials regarding this news and as of this afternoon there was no word from FEG regarding payments. This of course was a worst case scenario for the K-1 Final 16, set to happen in just two weeks now, an event that had yet to secure any substantial sponsors and that fighters had yet to receive finalized contracts for.

There was another rumor this week about FEG offering a contract to fighters who were owed substantial sums of money that would ensure their future fighting for K-1 but would only pay 50% of the money that was owed to them, with the fighter effectively waiving the other 50% and FEG no longer liable for that.

The first word of the show "not happening" came from Anil Dubar, Daniel Ghita's coach by way of the Dutch blog of Daniel Dee. Dubar claims that the event has been cancelled, that October 29th is off.

Of course this is not final, as there has been no official word from K-1 on any of this, and there are reports coming from Japan that FEG is still in meetings with potential investors for K-1, but as the October 29th date draws closer and closer and It's Showtime possibly pulling out a majority of the promised fighters for the Final 16 things are beginning to look truly bleak.

http://liverkick.com/index.php?option=com_content&view=article&id=940:k-1-world-grand-prix-in-nanjing-potentially-cancelled&catid=36:k-1

It was inevitable. If K-1 wanted to run a show, they had to close all the important deals the week they announced the GP.

Fuck this shit.....

Can't describe how disappointed I am...

From liverkick's twitter:

LiverKickdotcom Weight off of my shoulders, been holding that one back for MONTHS now
4 minutes ago · reply · retweet · favorite

LiverKickdotcom Oh shit, oh shit. Rutz lets the cat out of the bag with Bas Boon trying to buy K-1
4 minutes ago · reply · retweet · favorite

LiverKickdotcom Simon Rutz's statement on K-1 is incoming, expect it very soon

I was just about to make a RIP k-1 thread when liverkick dropped this gem :

http://www.liverkick.com/index.php?option=com_content&view=article&id=944:simon-rutz-clarifies-k-1s-financial-situation-final-16-cancelled&catid=36:k-1

I wonder who Bas Boon's american investors are? Also who is this 3rd party?

Tanikawa just needs to stay the fuck away

final 8?

http://www.liverkick.com/index.php?option=com_content&view=article&id=953:k-1-world-grand-prix-final-might-still-happen&catid=36:k-1

The whole situation is hilarious.

...i don't want to move mom.

SO WHAT THE FUCK! I though Golden Glory bought K-1? It appears they didnt. Pretty bummed that theres not gonna be a GP, and dont give me that "MAYBE" SHIT, Im 100% sure its not gonna happen.

Mike Kogan said on his twitter that it might be postponed but its a bit shady

If K-1 wants to stay around, they'll have to run an all Japan Final 16 70KG MAX tournament, Koshien to establish new domestic stars, and organize a world 63KG Grand Prix with Saenchai, Harrison, Bennoui, Wielzen, and the stalwarts like Kubo, Yamato, Urabe, Noiri, Hiroya, and Kizaemon.

Leave the all the other classes to Its Showtime and hope for them to establish high level grand prix with all the top class HW they have under contract, can get their hands on, and give Ilunga a shot.

K-1 WGP in Nanjing has been postponed

October 27, 2011 - Tokyo, Japan - FEG has announced that they decided to postpone "K-1 WORLD GP 2011 IN NANJING FINAL16".

A press-release from FEG says they have been making an effort to hold K-1 WGP in Nanjing just before the date of the event but some issues FEG holds such as visa preparation have not been solved, Then they decided to postpone the WGP in Nanjing. In the release, They state they sincerely apologize to fans, fighters and all the persons concerned for this postponement, and also mention that further information will be announced after matters become certain.

http://www.k-1.co.jp/en/news/2011/1027_wgp_01.html

Bring back Masato,he will bring back K-1 to its golden era

?Lost?