Since FEG created DREAM in 2008 they have held six events a year with one additional Dynamite!! event held on New Year’s Eve. In 2010 we will only see four DREAM events. A Korean show was planned and then scrapped and the yearly trip to Osaka never happened.
DREAM Featherweight Champion Bibiano Fernandes is the latest in a long list of fighters (Japanese magazine Kamipro recently revealed that it has been both foreign and Japanese fighters) that have encountered issues being paid. FEG’s response to this situation was, “Please wait for the official statement” but no date for the statement has been given.
HDNet commentator Michael Schiavello revealed via twitter (http://twitter.com/schiavellovoice) that the K-1 Max 70 kg Finals are on October 25 but the 70 kg Final 16 hasn’t even been completed yet. Three of the eight fights needed for the Final 16 took place back in July and the remaining five bouts were to be held on a European event later in the year. No European K-1 MAX Final 16 event has been announced.
FEG is disorganized, under significant financial stress and appears to be running in survival mode.