K-1 WGP in Nanjing has been postponed, not Cancelled

[broncofan]

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

[ArmyofDarkness]

If they can't pay the fighters, they are and should be out of business.