Speculation has been running rampant for quite some time that the International Fight League’s days are numbered. However, that speculation recently intensified following the release of its latest annual report to the SEC and the fact that it currently has no official events scheduled past its next card on Friday, May 16.
Some other ominous signs include the fact that the May 16 broadcast from the Mohegan Sun in Uncasville, Conn. is slated to be the last of the promotion’s three-show deal with Mark Cuban’s HDNet and its deal with Fox Sports Net is set to expire at the end of the summer.
Oh, and you can’t overlook several auditor warnings in the IFL’s recent SEC filing that it simply doesn’t have the capital it needs right now to finish out the fiscal year. That problem can always be rectified with an infusion of cash. But where is that cash going to come from?
That being said, if the IFL is going out, it’s not going out without a fight (bad pun intended). FiveOuncesOfPain.com received a press release yesterday from the IFL to announce that it will be hosting a conference call on Thursday. The first thought that went into my head was that perhaps the promotion was going to announce that it would be suspending operations following the May 16 show? Not so. IFL CEO Jay Larkin and Vice President of Talent Relations Bas Rutten will both be available to the media to discuss future event scheduling (believed to be a new fight card) as well as a “major new initiative for the IFL.”
We’d love to be able to tell you just exactly what the IFL is planning on announcing tomorrow, but we simply don’t know. But have no fear, we’ll have those answers for you since 5 Oz. will be calling in to cover the conference call.