K-1 Grand Prix 2011 is dead

by Fraser Coffeen | source: bloodyelbow.com
 

Reports are beginning to surface that the Final 16 of the Grand Prix, scheduled for October 29 in Nanjing, China, has been cancelled, though there is still no official word from K-1.

The most credible report comes from Anil Dubar, manager to K-1 fighter Daniel Ghita, who announced on a Dutch language blog that the Final 16 event was cancelled.

There is no mention of the event on the website for the Nanjing Olympic Sports Center Gymnasium (the alleged site of the show) nor any information on how to purchase tickets.

With only two weeks until the show, tickets not on sale, fighters and managers publicly saying that they are off the show, and It's Showtime, K-1's biggest partner gearing up to pull their fighters, it certainly seems like this is a done deal.

At this point, it's time to accept facts. The best kickboxing tournament in the world is over.

Rest in Peace K-1 Grand Prix.

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IT'S SHOWTIME president Simon Rutz rpovided further details via a statement posted to his event website on Monday.

FEG, the parent company of the former K-1 brand, is technically bankrupt. The name K-1 lays now at the Japanese company Barbizon. There are 2 serious parties now, which try to pull the K-1 brand name towards themselves and place this in a new company.

The first one to find an investor is FEG’s president, Mr. Tanikawa. He has found a Korean investor who has big plans with the K-1 label. This investor claims to have a verbal agreement with Mr. Ishii and Barbizon regarding the takeover of the K-1 label. Details were already discussed and agreed upon, but the only missing thing is the necessary signature of Mr. Ishii.

The second one to find a potential investor is Bas Boon. He has found an American company which also has big opportunities to bring the K-1 brand to high levels. However, also this company needs the signature of Mr. Ishii.

In the meanwhile, even a third potential investor has reported itself to take over the K-1 label, but this investor has presented itself only a couple of days ago.

All three companies have big plans to bring the K-1 label back to the place where it belongs and therefore make sure that the brand of K-1 has a healthy future.

All investors understand that a good cooperation with IT’S SHOWTIME is essential to prevent future conflicts of interest and to make sure that in the future all world elite fighters will participate to the tournaments; that means the fighters of both IT’S SHOWTIME as the ones of Golden Glory. We from IT’S SHOWTIME support the plans to make the K-1 label a strong brand again, because this is in the best interest of the sport, the fighters and the millions of fans around the world.

This year there will be no K-1 Final Elimination and K-1 World Grand Prix Final for the following reasons:
It’s currently unknown which investor gets Mr. Ishii’s signature;
There’s not enough time left to organize such a big event;
The visas for the fighters to travel to China haven’t been arranged and these are essential to be able to fight there.

From next year there will be a new and healthy company that will work on the worldwide brand of K-1.

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tags: K-1   



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Recent Comments »

Naughty Gorilla site profile image  

10/19/11 6:39 AM by Naughty Gorilla

Zuffa should definitely promote kickboxing... outside the US.K-1 USA never really took off

Neph site profile image  

10/19/11 4:02 AM by Neph

 ffffuck this sucks

Squatdog site profile image  

10/19/11 3:58 AM by Squatdog

It was pretty big for a while, especially with local fighters like Sam Greco and Stan the Man getting lots of exposure in Japan. Magazines like Blitz and Fight Times covered pretty much every major K1 event, while NHB was largely regarded as hardcore fringe.For local fighters, earning big money in K1 was a perfectly realistic career goal while MMA was a vague pipedream, especially as the pay wasn't that great at the time. Also, the general level of grappling was still fairly low and the pool of good trainers limited to guys like John Will etc.

Squatdog site profile image  

10/19/11 3:10 AM by Squatdog

   I pointed out a possible reason for K1's lack of penetration into the American market, despite it's best efforts to promote the sport. I then clarified by giving K1's level of exposure in Australasia during the late-90s/early-00s as a comparison.   Meanwhile Orcus contributes nothing to the discussion and tearfully lashs out the only way he knows how:  "Squattuck showed up. Next up: Innumerable references to "rounders" and "padball". Lots of sentences repeated verbatim on page after page. Plenty of "This" and "But you already knew that" and "LOL!""    

AussieMayhem site profile image  

10/19/11 3:05 AM by AussieMayhem

I wouldn't say huge...mma (ufc) is bigger now than k1 ever was. Local kickboxing circuits would probably b bigger than k1 in Aus in the last 2 yrs. I have to agree with other ppl, never seen any advertising or anything other than in magazines n on international websites

Wendys Fan site profile image  

10/19/11 2:51 AM by Wendys Fan

get back on topic squatdog and orcus you dumb ass trolls.k-1 is boring and gay and you all know itend of discussion

orcus site profile image  

10/19/11 2:46 AM by orcus

 No, not stalking; I'm merely witnessing another thread I'm reading be derailed by your trolling. 5 pages of discussion about the death of K-1 and how it might be revived, then you show up and make it about "American ignorance and xenophobia". This from the guy who is turning down a free trip around the world because once, years ago, he briefly left his little country, and that's enough to satisfy his desire to see anything outside his computer room. You are partially correct in that anyone stalking you would necessarily have to be someone who stalks gays, though.  

Squatdog site profile image  

10/19/11 2:41 AM by Squatdog

Look at Orcus following me from thread to thread like a gay stalker.It's sad, yet hilarious.

orcus site profile image  

10/19/11 2:29 AM by orcus

 Squattuck showed up. Next up: Innumerable references to "rounders" and "padball". Lots of sentences repeated verbatim on page after page. Plenty of "This" and "But you already knew that" and "LOL!"

balena site profile image  

10/19/11 1:44 AM by balena

"Umm no... UFC has been on PPV in Australia for years, I've never seen K-1 advertised in my life (not saying it was never broadcast, but I don't remember seeing anywhere it shown)"newbies gonna newbk1 was huge down here well before UFC



 

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