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IFL Death Imminent

June 10th, 2008 | by Dr J

The International Fight League released the following press announcement just minutes ago. Looks like we may have seen the last IFL event ever.

INTERNATIONAL FIGHT LEAGUE DECIDES AGAINST AUGUST 15 EVENT IN NEW JERSEY

Organization Working On Financial Situation

NEW YORK, June 10, 2008: The International Fight League (OTC.BB: IFLI ) today announced that it has canceled its scheduled August 15 event at the Izod Center in East Rutherford, New Jersey, in light of the company’s current financial condition. IFL continues to explore options for maximizing shareholder value. However, if the IFL is unable to successfully leverage any of those options, the company may seek protection from its creditors through a court proceeding.

The IFL is working with other top MMA organizations to keep its top fighters active in the sport and showcase their talent, while it pursues options that may enable it to continue its MMA operations. Several IFL athletes will compete on the Adrenaline MMA card in Chicago on June 14, and announcements with other promoters working with IFL athletes are expected in the near future. The IFL will also continue to downsize its staff to reduce costs.

2 Comments »

Comment by bvrasp about 5 months, 2 weeks ago

you guys hear about the latest Wes Sims controversy? apparantly the ref stopped the fight and everyone thought it was justified except Sims and Coleman who was in his corner.

Now the weird thing is, they decided to restart the fight! i dont think ive ever seen this happen in mma before and i dont think it should have happened at all. Now every time theres a stoppage people can complain and there will be a precedent because of this.

Comment by R.J. St.Croix about 5 months, 1 week ago

huh well isnt that something? its sounds like refs and judges are becoming weak minded and allowing outside influences to sway the decisions making process. this is not a good thing and someone is going to get hurt with things like this happening. if you decide to stop a fight because you felt one guy was done then he was done enough, any fighter with half a heart will tell hes ok no matter how bad hes hurt. we dont need to see guys looking like Muhammad Ali at 40 years old because refs are restarting fights or letting fight carry on after its over, do you think it was good for Kimbos brain to let Thompson drop elbows on his head for a minute and a half, of course not. it sucked that they stopped the Vera/Werdum fight to early but it would suck more to hear Vera fell into a coma because he took way more of a beating then he should have, at least this way he can have a rematch.

 
 
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