A source reveals Square are reluctant to openly admit the canning so to avoid a stock hit. Resources are allegedly being retasked for Final Fantasy XV. Square refused comment.
"We have no information on the status of Final Fantasy Versus XIII, but will be sure to update you as it becomes available," the publisher told .
Two sources confirmed to Kotaku that they had learnt Versus XIII assets had been 'folded' into another project, which is believed to be the next major Final Fantasy instalment; FFXV. It would seem Square Enix would rather profit off the work of Versus in a full release and not a spin-off. Square has a Final Fantasy event happening late next month.
Final Fantasy Versus XIII was/is bound for PS3.