Is Turki Alalshikh getting a return from his investment in boxing?

[CasperUK]

Understood that it's Saudi oil money, but it's still considered investment like spending billions of riyals in infrastructure for pilgrims and tourists. (In the olden days that's their main source of income..)

His fight cards are huge and are supposed to massively eclipse any PPV card in America. Yet we never see Rafael, Coppinger, etc. come up with any PPV number from Turki's fights, but are quick to provide fake numbers when it comes to PBC obviously pulled out from their ass.

The Saudis have a $1,000,000,000,000 (trillion) soverign wealth fund and they will use to;

Diversify their economy
Investment into their infrastructure
Market their country
Attract foreign educated and talented workforce
Buy international sports teams
Invest abroad into businesses

The boxing thing is literally just a game and entertainment for them. There are many people empowered like Turki by MBS who are out there accelerating the growth of Saudi in all sorts of areas. The Saudis aren't interesting in making a few million here and there on boxing shows, by 2030 they want to TAKE OVER many sports.

BTW,
Here is a detailed list of what Saudi Arabia is doing with its sovereign wealth fund (Public Investment Fund, PIF): Domestic Investments:

1. NEOM City: Developing a futuristic $500 billion mega-city powered by renewable energy.
2. Red Sea Project: Creating a luxury tourism destination with resorts and natural preservation.
3. Qiddiya: Establishing an entertainment and sports city to rival Disney and other global hubs.
4. Saudi Railway Expansion: Investing in nationwide rail and transportation infrastructure.
5. Saudi Real Estate Development: Supporting affordable housing projects and urban development.
6. Education Investments: Funding initiatives to modernize schools, universities, and research centers.
7. Healthcare Investments: Developing hospitals, medical research, and pharmaceuticals within Saudi Arabia.
8. Renewable Energy: Building solar and wind projects, including partnerships with ACWA Power.
9. Saudi Entertainment Ventures (SEVEN): Launching 20+ entertainment complexes across the country.
10. Food Security: Investments in agriculture, fisheries, and food processing industries.

International Investments:

1. Uber Technologies: Acquired a significant stake worth $3.5 billion in 2016.
2. Lucid Motors: Purchased a controlling stake in the electric vehicle company.
3. Tesla Rumored Interests: At times, rumored discussions about acquiring stakes in Tesla.
4. SoftBank Vision Fund: Pledged $45 billion in partnership with SoftBank to invest in global tech.
5. Gaming: Purchased stakes in Activision Blizzard, Electronic Arts, and Take-Two Interactive.
6. Global Real Estate: Acquiring prime properties in New York, London, and Paris.
7. Reko Diq Mining Project: Acquiring stakes in a major copper and gold mine in Pakistan.
8. LIV Golf: Creating a rival golf league with high-profile international players.
9. Sports Clubs: Purchased Newcastle United Football Club (UK Premier League).
10. US and European Bonds: Diversifying reserves with government and corporate bonds.

Diversification Through Industries:

1. Tourism: Transforming Saudi Arabia into a global tourism destination.
2. Artificial Intelligence (AI): Investing in AI companies and startups globally.
3. Space: Partnerships to explore satellite launches and aerospace technology.
4. Metaverse and Digital Tech: Entering VR/AR through technology partnerships.
5. Mining and Minerals: Focus on securing resources like lithium, copper, and rare earth metals.
6. Film and Media: Partnering with Hollywood for films, series, and streaming platforms.
7. Logistics: Developing global logistics and shipping partnerships.

Major Initiatives Under Vision 2030:

1. Saudi Green Initiative: Focused on environmental sustainability and reducing carbon emissions.
2. Circular Carbon Economy: Pioneering carbon capture and utilization technologies.
3. Industrial Development: Creating industrial zones for automotive, electronics, and manufacturing.
4. Human Capital: Building workforce skills and encouraging entrepreneurship.

Sports and Culture:

1. 2023 FIFA Club World Cup: Hosted in Saudi Arabia as part of its global sports ambitions.
2. 2029 Asian Winter Games: Hosting in NEOM’s Trojena ski resort.
3. Art and Heritage: Supporting museums and cultural preservation programs.

Economic Goals by 2030:

1. Increase PIF Assets: Targeting $1 trillion in assets by 2025.
2. GDP Growth: Contributing to 4-5% of GDP growth annually.
3. Job Creation: Aiming to create 1.8 million jobs across industries.
4. Non-Oil Revenue Growth: Increasing non-oil exports and revenues through diversification.

This mix of domestic and international initiatives underlines Saudi Arabia's ambitious goals to reshape its economy, reduce dependency on oil, and become a global economic powerhouse.

[brettWall]

Hmm... I missed repeating this in my previous post. We're going in circles. They aren't disclosed, imho, simply because there's nothing to disclose. Only few bought the PPVs and most of them were watched for free. Simple as that. Let's say Fury vs Usyk sold 5K in the US, there's no point for whoever sells them in reporting such numbers. However, it's far better than concocting or manufacturing numbers that don't exist.

It's useless brother, give it up, you'll never go out of the circle. I myself tried and it got me nowhere. There is these folks who still have this imaginary group of people in their minds that still buy massive number of ppv's. Look at them they're all diverting the subject away to "Turki is swimming in oil money, therefore his fights are free for everyone to pirate. No one cares!" And I'm accepting that, but just as other fights are heavily pirated. They still can come up with numbers. Why is it lacking in non-PBC fights?

I even suggested they conduct their own survey like stand in a busy street corner and ask passersby if they buy ppv's. I have started threads asking who bought ppv for a certain fight and only a handful showed up. Those who did, of course, lied. Waste of time...

And it's not only Turki's fights that lack numbers, all non-PBC have no reported numbers. The biggest of them all Haney/Garcia didn't have any. Why, because it's not PBC. Like you I can accept it's massively pirated, and they'd rather not bother lying about the numbers, while PBC fans have to.

[Marchegiano]

It's useless brother, give it up, you'll never go out of the circle. I myself tried and it got me nowhere. There is these folks who still have this imaginary group of people in their minds that still buy massive number of ppv's. Look at them they're all diverting the subject away to "Turki is swimming in oil money, therefore his fights are free for everyone to pirate. No one cares!" And I'm accepting that, but just as other fights are heavily pirated. They still can come up with numbers. Why is it lacking in non-PBC fights?

I even suggested they conduct their own survey like stand in a busy street corner and ask passersby if they buy ppv's. I have started threads asking who bought ppv for a certain fight and only a handful showed up. Those who did, of course, lied. Waste of time...

And it's not only Turki's fights that lack numbers, all non-PBC have no reported numbers. The biggest of them all Haney/Garcia didn't have any. Why, because it's not PBC. Like you I can accept it's massively pirated, and they'd rather not bother lying about the numbers, while PBC fans have to.

TBH I think it's more semantics and propaganda than anything.

For example, okay, sure, when it's state funded that does mean it does not need to make a profit to fulfill its goals, but also, Pac's fight were free in the Philippines for the Filipino peoples because their government paid for distribution and ol Bobby Arum used those numbers in his PPV "buys" anyway.


So if y'all want that middle ground, it's there, y'all just talking apples and oranges well telling one another they both is fruit. Dig?


It is weird no promoter is using numbers anymore. I'm not sure why ppv numbers were ever promoted in the first place, but their absence now doesn't make any damn sense and questioning it is fair even if it doesn't need to make a profit. ... the promoters still do. They love using that nonsense.




I guess my point is I wish y'all were able to progress something but it seems to me no one really knows enough about the issue to not end up doing laps.

[tomhawq]

Good to know and good for you. How many of Turki's PPV have you bought brother? There was one big card recently in the US. How much did you spend on that one? How many PPVs did you buy last year? They are cheaper. Twice cheaper.

I doubt you'll ever get any response/answer to these questions of yours. It translates to non-PBC fights are all pirated. While PBC fights are not (wink wink). Which is why only PBC ppv fights come up with numbers. Hundreds of thousands of people are buying PBC fights despite their unaffordable prices. That's the fantasy they like to fool themselves into believing to boost their egos.

[brettWall]

I doubt you'll ever get any response/answer to these questions of yours. It translates to non-PBC fights are all pirated. While PBC fights are not (wink wink). Which is why only PBC ppv fights come up with numbers. Hundreds of thousands of people are buying PBC fights despite their unaffordable prices. That's the fantasy they like to fool themselves into believing to boost their egos.

Yeah, it always reminds me of when the internet was in its infancy. Everyone was trying to sell something online. I was one of those people. I thought if I can only sell any product even if it's for one dollar apiece, I'd be a millionaire if millions buy it. It's only one dollar, hypothetically speaking. And so I thought of making a tutorial related to drawing using an open-source app. Took me about 2 months of laborious and painstaking work. And at that time people sell stuff on CDs. Long story short only 12 bought my tutorials for a period of six months. Main point is people like to imagine things that don't exist in reality.