SAudi Arabia is boxing The fragmented situation in the sports world, UFCThe Kingdom's Public Investment Fund, which already owns Newcastle Unitedis in talks with major promoters and governing bodies with whom it has traditionally had fierce rivalries about combining under one umbrella.
Turkey-AralsikHe is chairman of the Saudi Arabian General Entertainment Authority and a close aide to the crown prince. Mohammed bin Salmanis leading this effort.
The initial goal was to WBC, WBA, IBF, WBO It will be one unified boxing organization with a unified world title belt.
A key aspect of the plan is to foster collaboration among prominent promoters such as: Eddie Hearn Matchroom and Oscar De La Hoya The initiative by Golden Boy Promotions is intended to alleviate organizational challenges and foster a more unified approach to staging major bouts.
Simplification of weight classes
Another key aspect is to reduce the current 16 weight classes to a more manageable number. Currently, the sport has 16 main weight classes, ranging from light flyweight (7 stone 10 lbs) to heavyweight (over 14 stone 4 lbs), with added complexity from the addition of bridgeweight (14 to 16 stone) by the WBC and WBA. This results in a maximum of 64 world champions at any one time, causing confusion among fans.
Boxing is a fragmented sport that makes it expensive and difficult for fans to watch matches, requiring them to subscribe to multiple services such as TNT, Sky Sports and DAZN to watch major bouts.
Despite these subscriptions, some important matches remain unavailable, especially in the U.S. This disconnect is creating frustration and contributing to a decline in the sport's popularity.