We've all heard the rumors, we've all talked about it and we've all wondered when we'd hear something more concrete from Golden Glory. Bas Boon is not one to remain quiet on something unless there is a major story brewing that he can't talk about, and he isn't one to hold back. So, finally, Boon sent out a blast email tonight to the media linking to an interview he did with Fight Game. Now, Fight Game is of course affiliated with Golden Glory, so the format really does not matter as much as the content, and the content is rather telling.
It seems like Golden Glory has finally conceded that the K-1 deal that we have all heard so much about will not happen for Golden Glory, that they were in talks with Mr. Kim and had an informal agreement to help invest in K-1, but through some shady business maneuvers, Mr. Kim went behind their backs and purchased K-1. There is a lot of serious talk, with Golden Glory even talking about declaring K-1's bankruptcy from all of the problems that have come from these broken deals over the past year.
The Glory World Series shows will move on no matter what and Golden Glory's fighters were taken care of by GG and TSA, but it appears that the K-1 name will not be in their possession any time soon. [source]