IPT London Event in October Cancelled

S

StiffStick

Registered
For those of you planning on going to London for the IPT event scheduled
for October 22-29 at the Excel Exhibition Center, I have it on good
authority that the event has been cancelled. My source for this is very
reliable so I have no reason to doubt it. And, to confirm this news, the
Excel website does not list the IPT tournament in its schedule for
October. Here's the link, so check it out for yourself....

http://www.excel-london.co.uk/en/visitors/whats_on/full_list.html?

By the way, this has nothing to do with the recent terrorist threat. The tournament was cancelled some time ago, but not reported on the IPT site.
 
Bola Ocho said:
Interesting...wonder just how profitable the IPT really is.
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Profitable? I don't think that they have turned a dime.

They overestimated the qualifier participation and income, and, I believe that it will be much less this time around.

Because of the small turnouts, I do not think that most of the pool rooms that hosted them did as well as they anticipated and the cost of the IPT equiptment needed to hold them barely had a return on investment. Again, this time will be even more challenging.

The IPT intends on having the hard core pool player support it by having him also buying it's products. $50 Mike Siegel dvd's.

Apparently the network, OLN, was not able to sell advance advertising for the last tournament series and without that income KT will have to pay top dollar for well positioned airtime.

Wait until most players realize that the "guaranteed" $100,000.00, isn't exactly guaranteed and their "agent" isn't really an agent.

I think that KT and MS badly underestimated the average poolplayer. It's a lot harder to start a cult than people think. Oh, by the way, don't drink the fruit punch!
 
I was wondering the same thing today...if the England IPT stop would be cancelled. Not due to IPT reasons, but for security reasons going in and out of England. We will just have to wait and see. Terrible what is going on in the world. :(
 
HA! JimmyG, you caught me before my edit.


I changed my thoughts and edited my post because, while I agree or at least wonder the same things you do in your post....I didn't want this thread to turn into that just yet.


Not until this cancellation is confirmed. Until, then, it is just a rumor that some guy with 1 post is spreading. No offense to our new member, but this is the internet and you know how this goes. If it is true - then a cancellation like that will open the door to ALL kinds of speculation. This will bring new light to the whole qualifier-as-income discussion had here. Let's hold our horses until we find out for certain. If so, it would be nice to hear the IPT's official reason why. Then we can have at it in a huge discussion....
 
Bola Ocho said:
HA! JimmyG, you caught me before my edit.


I changed my thoughts and edited my post because, while I agree or at least wonder the same things you do in your post....I didn't want this thread to turn into that just yet.


Not until this cancellation is confirmed. Until, then, it is just a rumor that some guy with 1 post is spreading. No offense to our new member, but this is the internet and you know how this goes. If it is true - then a cancellation like that will open the door to ALL kinds of speculation. This will bring new light to the whole qualifier-as-income discussion had here. Let's hold our horses until we find out for certain. If so, it would be nice to hear the IPT's official reason why. Then we can have at it in a huge discussion....
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For a guy with a uzi, you're very reasonable.

You are right, this is the internet and it may be misinformation. But I still think that the theme of my post will still hold up.
 
Actually, Tony Montana "Scarface" was using an M16 to mow down Sosa's hitmen.


Edited to add: Wasn't the World Open originally planned to be at the Wynn on the IPT website, then it was changed to the Grand Sierra Resort? Maybe the IPT is going to a different venue in London? Or is my memory off?
 
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I heard it from a VERY RELIABLE source in Vegas that the IPT event in England may not go forward for reasons that, at that time, were unknown to me.

Personally, I am happy as a clam that they decided not to go to the other side of the pond.

Flying abroad as an American in these times is something that should be done with caution. You couldn't pay me $100,000 to step foot on a plane today, and I really mean that.

JAM [Living in Red Alert and not liking it]
 
All the IPT tournaments are listed on the Diamond site, http://diamondsportsmarketing.com/ except the London event....hmmm. I don't see it as a problem and I always felt this stop was shaky at best, it was the last venue announced and maybe they never had a firm commitment on the space and date, or maybe the logistics are just too much of problem.

My feeling is the overseas events may end being hosted by another company or business, maybe Eurosport wants to host the event in the future, or maybe a yet to be announced company will handle it.

If they replace the London event in the states, then may I suggest the Northeast, New York or ATLANTIC CITY!!! BORGATA maybe? or the huge convention center is perfect, I'm sure all the east coast players would like to have an event in NY or AC.

Of course being this close to the event, booking anything that long will be super tough, if not impossible.


.
 
JAM said:
I heard it from a VERY RELIABLE source in Vegas that the IPT event in England may not go forward for reasons that, at that time, were unknown to me.

Personally, I am happy as a clam that they decided not to go to the other side of the pond.

Flying abroad as an American in these times is something that should be done with caution. You couldn't pay me $100,000 to step foot on a plane today, and I really mean that.

JAM [Living in Red Alert and not liking it]
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With all due respect JAM, you are not playing.
Your reluctace to fly has nothing to do with the fact that KT has cancelled the only IPT member tourny[ no Quallys so no money coming in]- without telling anyone.
150 IPT players who were guaranteed 1.2 million in prizemoney, now have zilch! With only the IPT members in the tourny, the best players, ie Keith , would have a great chance for an easy payday. I think K could have at least made 30 grand in London, possibly more. he might have come home with a 100 grand in his pocket!
When you have 50 Qualifiers playing, who have won tournys to get into the T proper, you know they can play, so it gets more difficult.



Gabber

Will there be a OPEN draw for the next tourny ?
Who are MTs players?
Anybody know?
 
Gabber said:
With all due respect JAM, you are not playing.
Your reluctace to fly has nothing to do with the fact that KT has cancelled the only IPT member tourny[ no Quallys so no money coming in]- without telling anyone.
150 IPT players who were guaranteed 1.2 million in prizemoney, now have zilch! With only the IPT members in the tourny, the best players, ie Keith , would have a great chance for an easy payday. I think K could have at least made 30 grand in London, possibly more. he might have come home with a 100 grand in his pocket!
When you have 50 Qualifiers playing, who have won tournys to get into the T proper, you know they can play, so it gets more difficult.



Gabber

Will there be a OPEN draw for the next tourny ?
Who are MTs players?
Anybody know?
Click to expand...


I believe the next draw will be seeded based on the money list which seems a pretty fair way to go. They had to come up with some system for the first event but I think this was a one off and it seemed to work ok.
 
Gabber said:
With all due respect JAM, you are not playing.
Your reluctace to fly has nothing to do with the fact that KT has cancelled the only IPT member tourny[ no Quallys so no money coming in]- without telling anyone.
150 IPT players who were guaranteed 1.2 million in prizemoney, now have zilch!
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I have a feeling -- and I may be wrong -- that the England tournament will be replaced with another location. Just a hunch on my part.

As far as me being reluctant to fly and not playing, you are 100-percent correct. Because of these two facts AND me having an existing business I must protect, I am unable to be a frequent flier on the IPT tournament trail in the future.

Gabber said:
With only the IPT members in the tourny, the best players, ie Keith , would have a great chance for an easy payday.
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Believe me, Gabber, there ain't nothing easy on the IPT tournament trail. With the 4-1/4 pockets and tough equipment, each player MUST bring their BEST game to the table in order to excel. There were quite a few GREAT players who didn't make it past round one in Vegas.

Gabber said:
I think K could have at least made 30 grand in London, possibly more. he might have come home with a 100 grand in his pocket!
When you have 50 Qualifiers playing, who have won tournys to get into the T proper you know they can play, so it gets more difficult.
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Again, I believe this England tournament will be replaced with another, but the WHEN and WHERE won't be forthcoming in the IMMEDIATE future, IMHO. These things take time to plan. To date, the IPT has made great strides and is continuing to fulfill the dreams of pool players around the world; that is, pool players who have an interest to compete professionally.

The names of MT's players that I heard bantied about are: Ralf Souquet, Larry Nevel, Teddy Garrahan, Mike Sigel, Loree Jon Jones, Dennis Hatch, John Cucharo, Marlon Manalo, and Jose Parica. I believe that MT had a goal of securing a block of 30 players in total.

JAM
 
Jam, Tell 'em you will get on a plane right after John Madden does.

Eventually the Islamic Facists will be successful.

A crazy world we live in now.

Jake
 
I think they have to replace the London tournament, I vote for the Borgata Hotel and Casino in Atlantic City.

If they don't replace the tournament KT will still have to meet the guarantee to the IPT members of the minimum earnings this year.Which was around $13,000, I think.
 
The Kid said:
I think they have to replace the London tournament, I vote for the Borgata Hotel and Casino in Atlantic City.

If they don't replace the tournament KT will still have to meet the guarantee to the IPT members of the minimum earnings this year.Which was around $13,000, I think.
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I would love to see it anywhere in AC or NY, but getting 8 straight days of convention space that size in that short of a time period in a top location will be next to impossible. Most major convention centers are surly booked up, so he may have to hold it in a location that has the opening on those dates.

He may have to change the dates which could conflict with another major tournament causing more people to freak out, it's not as easy as some would think to pull off such a large tour without having problems of some sort.

And as far as any guarantee, thats only as good as the contract the players signed, if the contract has nothing stating a guaranteed minimum, then the tournament could be canceled without replacement. The guarantee could also be based on # of tournaments held ie: if one stop gets canceled for any reason the guarantee would change.

Even if the London tournament can't be replaced, the year would still be an amazing accomplishment in my eyes.
 
rackmsuckr said:
I was wondering the same thing today...if the England IPT stop would be cancelled. Not due to IPT reasons, but for security reasons going in and out of England. We will just have to wait and see. Terrible what is going on in the world. :(
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It's not about security Linda. It's about no qualifiers, i.e. no money.
 
jay helfert said:
It's not about security Linda. It's about no qualifiers, i.e. no money.
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I don't think it's either of those things, the amount of money the qualifiers bring in is no where close to the cost of the purse and production of the event, and it never will. Even at a $1500 entry fee, the amount from 25 qualifiers would be at best $300,000, if money was the case then they would cancel the other non open events as well, and they never would have held the events at such a first rate resort. I still feel the major problem is (was) a problem with the dates and location in London.
 
SlimShafty said:
....... I still feel the major problem is (was) a problem with the dates and location in London.
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Give us a clue then.What kind of a problem with the dates and the location?

As regards USA citizens and their fear of travelling every time someone with a beard so much as sneezes......always way over the top......right now they are probably in a helluva lot more personal safety from international terrorists in an airport or in a plane than they are ever likely to be in any major US city from resident muggers or nutters with weapons:rolleyes:
 
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