I read it somewhere at gamepro.But I forgot to make a link of it.But bassicly they said:
"We are sorry but we will not be able to make a sequel to FF7.We are currently working on to many new projects.And to add on that we do not have enough money to create a new one."
Something like that with all the SPAM inbetween. And think, if it took 30,000,000,(thirty-million dallors) to make the first ff7 imagine how much it would cost now with all the new technoligy required for better graphic and everything.And think about it,if they were gonna make a 2 why didn't they do it a long time ago.Ever since the 7th there has been 9 new FF games (including the ones they are working on) so they made 9 new games, now you think they want to go all the back just for a few people who are interested so like 100 people will buy it.
Out of all of the 700 kids in my school, only 2 people (including me) even know about FF series.