Official Announcement Regarding The Pancrase Event In Korea
Official Announcement Regarding the Pancrase Event in Korea
We, Pancrase organization, feel very sorry to inform you that our first event in Korea on Saturday, July 17th which is called "2004 World Pancrase Series in Seoul" was cancelled due to the Korean promoter, July Media Co., Ltd.’s contractual issue.
First, payment of fighters purse from them delayed one month and over and it is still unpaid until now. Also they made us a request to reduce the total amount of fighters purse even though they have already agreed upon and signed on the contract. Furthermore, they finally had adjourned the confirmed event date. Finally they made their final decision to cancel the event and they notified us dated July 2nd. Although we had negotiated with them to find any solution of the above matters day after day, finally agreement was not reached. Their requests are not acceptable for us to secure all fighter’s fight schedule and purse.
When we attended the official press conference on June 24th in Korea to announce all match-ups, we received a hearty welcome from many people who is doing fight business out there, reporters, and fight fans. We never forget their hospitality and we would try our best to hold Pancrase event in Korea as soon as possible. We are pleased to consider all fighters from Korea, Japan, America, Brazil, Indonesia, South Africa who lined up on the card for future Pancrase event in Japan.