Comments Thread For: Oscar De La Hoya confirms $10m sale of The Ring to Turki Alalshikh

[Bob]

I had to goog this a couple of days ago, there's a page saying coming soon.
Turki now has a ranking system & a belt, I'm hoping soon they'll be no need for multiple promoters either. Apparently Turki is in discussions with Dana White about a new boxing promotion as he's sick to death of the boxing promoter's we have today...that didn't take long.

As for the publication print is dead but they could possibly print an annual or bi annual publication.

[Cyborg Fangerloo]

Hahahahahahha. So dang funny to see the word blocked out in ****zine!!!

[El_Mero]

Good. Turki has already said he'd bring back the mag to it's former glory and make the ring belt the best of them all. Hope he can, so that the other bs belt orgs disappear with all their corrupt bs

[factsarenice]

Turki pays fighters what they want..... then makes the Fury/Usyk,Better/Bivol fights and then lowers PPV's to $20.00 and now this.............that monster!

[Mr WorldWide]

Yeah think it’s a good move for “his excellency”…golden boy solidifies is relationship with him and dlh makes $3m in profit for a company that was not even in print. GB gets its fighters on Riyadh season cards, which makes them more attractive to dazn. I think it’s a good business move for everyone involved.

I've heard it mentioned a couple of times that Turki has also bought a 10% stake in DAZN?

[JLC]

I suspect that Turki got such a sweet deal for The Ring in exchange for some promotional understandings with Golden Boy that will remain private. Turki will give Golden Boy's stable of fighters preferential treatment and in return the Kingdom of Saudi Arabia will have wormed its way into another media outlet for lots more sportswashing for the numbnut West to consume.

What makes yall think the ****zine is worth so much ? It was taken out of print two years ago so clearly it wasn’t in a strong position. The fact that he was able to get all his money back is a win in itself. Sure he would made more money elsewhere but you win some you lose some. This was a bit better than breaking even so good on Oscar.

[wrecksracer]

I used to go on their website regularly, but they kind of ran it into the ground. Dougie stopped doing mailbags. They kept changing their commenting platform. It's like they didn't understand the importance of having an online presence. As for the ****zine, it must be nearly impossible to keep a subscription based ****zine going these days. There is so much instantly available free information available, ****zines are kind of a dinosaur. I used to have a number of subscriptions to ****zines that went online only, and I just didn't care to read them that way.

[Liondw]

A nice profit for Oscar, not bad at all.

The best thing he wants though is to work with Turki, his fighters on cards.

[Corelone]

There go all the funnys. No jokes allowed. What is he going to do with a ****zine? No pictures, no women, no fun.

[crimsonfalcon07]

Accounting for inflation, De La Hoya lost money on that. 7 million in 2007 is closer to 10.5 million these days. Gotta be more to the sale than just 10 million, or Oscar is a poor businessman.