Filed under: DREAM, K1, News, Japan
As we wait for K-1 and DREAM promoter Fighting Entertainment Group to emerge from its winter hibernation with news of its future, FEG President Sadaharu Tanigawa spoke to Japanese outlet Sports Graphic Number about the current state of affairs.
“The current course is that FEG will die. There are probably staff members that will leave as well. The event name will be left but the promotion will change,” Tanigawa explained. “If the current structure remains as it is it will be impossible to continue. If many investments from companies overseas do not come in we can’t survive.”
FEG USA’s Mike Kogan spoke to MMA Fighting and added, “Well it’s basically what I have been saying. That unless the money comes now, meaning the investors that have been talking commit and we start to move forward, the company will die. There is no way for it to survive, we have exhausted all good will.”
It is easy to focus on the drama of these statements but in reality, the fact that Tanigawa and Kogan are admitting this says good things about the future of the leading fight sports promoter in Japan.