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This is Sadaharu Tanikawa. As I already announced last April, trademark right of K-1 has been...

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This is Sadaharu Tanikawa. As I already announced last April, trademark right of K-1 has been transferred to K-1 Global Holdings / EMCOM and I resigned the position of K-1’s event producer. Today I need to inform you another important fact. I received a notice of a petition for bankruptcy of FEG from Tokyo district court in April 10th. This lawsuit was made by Golden Glory / Knockout Investment. The team leader Bas Boon, who had outstanding money from FEG occurred at K-1 WGP FIANL 2010 and Dynamite 2010, applied an application for the bankruptcy. K-1’s right has been transferred to EMCOM but most of the debt was left to FEG. I had been trying to pay off the debt but after becoming bankrupt, there are no ways left to carry it on. I was working with people who Boon and EMCOM brought to pay off the debt but Boon changed his mind and suddenly pushed us to bankruptcy. This was surprising to me and I didn’t understand why he had to do that. Somehow he needed to make that action for some reasons. After appearing 2 times in court, the district court delivered us a judgment of bankruptcy. An official receiver was designated and bankruptcy proceeding has already started. In the next procedure, assets and debt are officially adjusted and then reported to creditors. I truly apologize to all creditors. I will submit all property I possess. I will sacrifice all my life to compensate for this. After the judgment was delivered, I spoke to Mr. Boon. He was saying like "I have no grudge against you, Tanikawa. I know you have been working hard to protect K-1. I know you have no money left on you. But I just have another purpose that I had to make this action and have FEG become bankrupt". I’m not on the position for blaming Mr. Boon. So I think I should not make any statements on this. I only would like to apologize to all the people who have supported K-1 for long time. I once promise to make up to the people in the rest of my life. This is my last message on this website. I wish new K-1 best. Once again, I appreciate all the big support you have ever given to us. May 16, 2012 Former representative director Sadaharu Tanikawa

Official statement on FEG's bankruptcy from former K-1 head Tanikawa. Via FEG's Official Website

Dream Planning May Bantamweight Tournament in Japan

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Dream's promoters announced yesterday that they are planning a May event in Japan featuring Shinya Aoki and others.

Pride and UFC veteran Gary Goodridge has finally been paid for fighting Gegard Mousasi at...

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Pride and UFC veteran Gary Goodridge has finally been paid for fighting Gegard Mousasi at Dyanamite!! 2009 a little over 12 months ago. Goodridge maintains the promoter shorted him $9000. FEG spokesman says it was taxes. Via MMA Fighting

Alistair Overeem's Priorities and Possibilities

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An article over at Sherdog.com illustrates Strikeforce heavyweight champion Alistair Overeem's vision for himself as well as his priorities for his fighting career.

As 2010 Ends the UFC Towers Over the Competition

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Dana White and the UFC face a group of wounded competitors going into 2011.

Next It's Showtime event on 2011 with MAX GP (-70kg) with Direkci, Petrosyan, Sato, Pajonsuk,...

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If you see amazing, spectacular fight Mike Zambidis vs Chalid, this video is for you This is main event of "It's Showitme" 45 (#2 kickboxing org beside FEG) in K1 Max rules (- 70 kg): Mosab Amrani vs Mohamed Khamal Bloody Brutal Headkick KO by Anderson Silva on Freddy Kemayo

Next It's Showtime event on 2011 with MAX GP (-70kg) with Direkci, Petrosyan, Sato, Pajonsuk, Holzken, Khamal, Amrani and many more

According to MMA Junkie, 145lb superstar Norifumi "KID" Yamamoto is in the middle of contract...

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According to MMA Junkie, 145lb superstar Norifumi "KID" Yamamoto is in the middle of contract negotiations with the UFC. Norifumi "KID" Yamamoto Win - Federico Lopez (KO) DREAM.14 Loss - Masanori Kanehara (Unanimous Decision) Dynamite!! 2009 Loss - Joe Warren (Split Decision) DREAM.9 This FanShot was promoted to the Front Page by Scott Haber.

Full...

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Full Interview: http://www.joeshowradio.com/archive/podcasts.php?id=20101202-The-Joe-Show-ft-Gary-Goodridge After a hectic show with having issues with getting guests lined up properly and dealing with the Chael Sonnen/CSAC hearing we ended up pulling through. Although this was supposed to be a double header show we ended up only pulling through with Gary Goodridge due to Chris having weigh ins for his XFC bout tomorrow. Gary came on the show to discuss his current situation with DREAM promoters FEG. Gary fought for FEG on their Dynamite!! 2009 card against Gegard Mousasi almost a year ago and still hasn't received payment for his bout totalling $30,000. If anyone has any information that might be helpful to Gary to get him paid please contact him via email at garygoodridge@hotmail.ca.

K-1 Running Out of Time for Dynamite 2010

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K-1 has very little time left to salvage a big New Year's Eve show.

Minowaman meets James "The Colossus" Thompson at Dream 16 this Saturday, according to Ariel Helwani...

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Minowaman meets James "The Colossus" Thompson at Dream 16 this Saturday, according to Ariel Helwani at MMA Fighting. No word yet on whether the Super Hulk title will be on the line. DREAM 16 coverage Photo: MMA Weekly
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