In recent years, Saudi Arabia's boxing scene has It didn't exist, but now it's a major player.
August 3, Turki Aralsik makes his debut into the US boxing market A big card was announced in Los Angeles, Terence Crawford and Israil Madrimov. Six weeks later, Saudi Arabian promoters entered the British market. Anthony Joshua and Daniel Dubois will face off at Wembley Stadium in a mega-fight that could sell 100,000 tickets.
Oscar De La Hoya is Rumours had been circulating in the Saudi Arabia-dominated boxing world that Alalsik was interested in starting a UFC-like organisation. For the sports world. Now Eddie Hearn is speaking out on the matter.
Aralsik Entering the market to actually acquire four boxing promotion companies Hearn said: “It would be wise to not comment too much, but I am open to any conversation that benefits the sport, the fighters, the fans and the company..”
The Matchroom boss continued this sentiment, saying:Some of the reports were substantial, but some were not. I think your plans for sport are very exciting, very ambitious and very sensible. It would be great news for the boxing world if the sport could come together and produce the best fights more consistently. This is great news for martial arts fans.”
Matchroom Boxing, Queensberry Promotions, Premier Boxing Champions, Top Rank All of this is rumoured to be aimed at Saudi Arabia's vast wealth, with the idea of creating a new boxing league based in Riyadh. The Saudi Arabian capital has hosted almost every major match in recent years. These include Anthony Joshua's last two fights and last month's heavyweight unification bout between Tyson Fury and Oleksandr Usyk.
Value Matchroom Boxing is tentatively estimated to be worth around $1 billion.And it will cost Ararshif some money to make this dream a reality. Approximately $5.1 billion It's a price that will do little to deter Saudi Arabia's backers.
But Eddie insisted it's not just about the money: “For me it's not just about the money. It's about strategy, opportunity and fun. “If there's an opportunity to build history and tradition in the sport, change the face of the sport and have fun every week, I'm open to it. I'm always evolving and looking for different opportunities.”
