Originally posted by tomhawq
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Is Turki Alalshikh getting a return from his investment in boxing?
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Originally posted by maguirre View PostOh wow, I haven't thought about this. You're right. I haven't seen any PPV number on the Saudi promoter's fights. People are raving about the magnitude of his fights, yet no one is releasing any PPV result. I wonder why.
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The grand plan is to open up and make Saudi the next big tourist and investment destination in the region kinda what Dubai did. They believe they got a bad reputation because of decades of tight restrictions, closed society, laws, and underdevelopment and have much more to offer than others in the region in terms of variety (it is a much larger country), consumer market (larger population), economic opportunities (it is the largest economy in the region), investment (trillion dollar + economy), development (they have bigger funds to make bigger things), etc.
It is not just boxing but overall development along the Red Sea, developing historic tourist destinations (al Ulaa), building hotels and resorts, office and residential skysc****rs, opening up investment opportunities, long-term residency, making companies make Saudi their regional headquarters if they want Saudi govt contracts, changing labor laws, relaxing other strict laws, relaxing visa restrictions, etc. Sure it will take time because nothing happens overnight and laws need to be changed gradually to prevent unrest but they are on track with that vision and all these events are part of rebranding the country.
So, that is where their return on investment lies, not in making a profit from boxing fights.
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Originally posted by tomhawq View PostIt shows some sectors of the media, fans, youtubers, apologists, are only interested in manufacturing ppv numbers when it comes to PBC fights despite the fact that they're pricier and not affordable to many people. All the rest are neither worth watching nor paying for despite being cheaper. To me 100K is even hard to achieve in this day and age of mass cheating.
Look at how people on Youtube and social media can lie casually:
"FINALLY $150M CONTRACT SIGNED" Crawford vs Canelo MEGA fight CONFIRMED!
"CONTRACT SIGN DONE FOR $500M" Crawford vs Canelo Unbelievable 2025 Showdown...
These were posted a month ago. They keep doing it even when already proven wrong, and in these cases nothing is signed yet. The numbers themselves are egregious.
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Originally posted by Zelda View PostThe grand plan is to open up and make Saudi the next big tourist and investment destination in the region kinda what Dubai did. They believe they got a bad reputation because of decades of tight restrictions, closed society, laws, and underdevelopment and have much more to offer than others in the region in terms of variety (it is a much larger country), consumer market (larger population), economic opportunities (it is the largest economy in the region), investment (trillion dollar + economy), development (they have bigger funds to make bigger things), etc.
It is not just boxing but overall development along the Red Sea, developing historic tourist destinations (al Ulaa), building hotels and resorts, office and residential skysc****rs, opening up investment opportunities, long-term residency, making companies make Saudi their regional headquarters if they want Saudi govt contracts, changing labor laws, relaxing other strict laws, relaxing visa restrictions, etc. Sure it will take time because nothing happens overnight and laws need to be changed gradually to prevent unrest but they are on track with that vision and all these events are part of rebranding the country.
So, that is where their return on investment lies, not in making a profit from boxing fights.
That’s why they’ve also invested heavily in other sports too such as Football & Golf after signing some of the best players in the world. However, unlike those sports which are already very well established in the West, Boxing is more disconnected due to inter-promotional rivalry which has allowed Turki to capitalise by bringing everybody together under one roof.
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Originally posted by Sheikh View PostI think the whole point is amplify the influence of the Kingdom but there's absolutely no point because you can get a much better Roi doing things other than spending on boxing. Boxers are tremendously overpaid beyond their commercial value and there's no point. You can do a lot more impact by investing in other sports that have higher viewership.
No doubt they could do it as seen in cinematic previews of their big boxing events.
Not all people watch boxing, but almost all watch good movies from all walks of life.
Plus a movie production employs hundreds if not thousands of people.
And if "fantastic" figures are to be believed, it's far better to spread them around
instead of being given to only one or two boxers.
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