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

[NihonJim]

As others have said it's not about money.

I went to Saudi last year and let me tell you, it's mind blowing.

Their infrastructure, cleanliness etc it's all LIGHT YEARS ahead of the west. You go back to England and it's just a backwards, unpleasant chit hole.

Lots of people who wouldn't have considered going there have been out for the boxing, and Saudis reputation as a tourism destination will continue to grow, it will be on a similar level to Dubai soon.

There's somewhat of an Exodus happening from a lot of anglosphere countries. From Australia and New Zealand a lot of young, skilled people are leaving for a better lifestyle in developing asian nations, Kuala Lumpar, ****kok, Manilla, Hanoi.

20 years ago these places were ****holes but the development there is light years ahead of the west. Again their infrastructure and development is outstripping us by an insane amount and these are fast becoming super modern, clean high tech cities

From Europe, talented people are going to Saudi, Dubai places like that.

This is a massive issue, one of many that the west has no idea how to combat.

But yeah to the original question, it's not a money making exercise, Saudi don't need to make money from these events, it's about getting 1000s of people over there and showing what Saudi has to offer.

[tomhawq]

As others have said it's not about money.

True. It's not about the money. Everybody knows that. It's not rocket science. Turki is in it to eclipse the bad publicity about his country and show a different light.

But still, his fights are still marketed as ppv in the US. Whoever are the authorized sellers have to come out and report the numbers. If you're saying his fights are all free to be pirated, fine. What's your estimate, btw? How many bought the ppv?

[NihonJim]

True. It's not about the money. Everybody knows that. It's not rocket science. Turki is in it to eclipse the bad publicity about his country and show a different light.

But still, his fights are still marketed as ppv in the US. Whoever are the authorized sellers have to come out and report the numbers. If you're saying his fights are all free to be pirated, fine. What's your estimate, btw? How many bought the ppv?

I don't expect that the Saudi PPV's do well in the US but they aren't aimed at the US market.

Others have tried to crack the US market like Eddie Hearn and failed, the US boxing scene is very insular and hates outsiders trying to come in, they'd rather US boxing SUCKS but is controlled by Americans than have it thriving but a foreigner is on top of it.

Turkey isn't ****** and he's not going to pour massive amounts of money into a black hole which is what trying to crack the US market is basically doing.

[LA_2_Vegas]

He seems to be enjoying himself.

I like that he has rug pulled all the number crunchers, the NSB accountants, the NSB lawyers, all the fans who revel in the roadblocks.

[jqSide]

Why can't people cut to the chase and just admit they're pirating fights for free with no exception? End of story. Why repeat concocting it with sportswashing when that is generally acknowledged?

It's nothing new. Fights are generally pirated, period. Inoue's fights in Tokyo were freely shown on Youtube without permission just hours after the live fight.

I remember watching Fulton vs Inoue the next morning in its entirety without ads on Youtube because the fight was so out of our time zone. The channel was not even a TR channel. And so I assumed unauthorized showing of someone's property or production is rampant. It's unstoppable.

Reported PPV numbers are mainly for gullible people's consumption. They're manufactured by shady people because they knew people love talking about them. It's up to you to take them seriously.

[LarryMerchant'sBottle]

Why can't people cut to the chase and just admit they're pirating fights for free with no exception? End of story. Why repeat concocting it with sportswashing when that is generally acknowledged?

It's nothing new. Fights are generally pirated, period. Inoue's fights in Tokyo were freely shown on Youtube without permission just hours after the live fight.

I remember watching Fulton vs Inoue the next morning in its entirety without ads on Youtube because the fight was so out of our time zone. The channel was not even a TR channel. And so I assumed unauthorized showing of someone's property or production is rampant. It's unstoppable.

Reported PPV numbers are mainly for gullible people's consumption. They're manufactured by shady people because they knew people love talking about them. It's up to you to take them seriously.

I don't know how it works in other countries, but in The States, those figures can determine the amount of money a boxer will make. The amount of money a fighter in The State makes has to be reported to the IRS. You can't be a celebrity boxer and claim you're making $30 million a fight and not expect to not have to claim that when you file your taxes. Celebrities in the past have gotten audited and charged for failure to claim the money they're making. It's called tax evasion...

It definitely isn't wise to release those numbers if you don't want the IRS knowing how much you are making...

[jqSide]

I don't know how it works in other countries, but in The States, those figures can determine the amount of money a boxer will make. The amount of money a fighter in The State makes has to be reported to the IRS. You can't be a celebrity boxer and claim you're making $30 million a fight and not expect to not have to claim that when you file your taxes. Celebrities in the past have gotten audited and charged for failure to claim the money they're making. It's called tax evasion...

It definitely isn't wise to release those numbers if you don't want the IRS knowing how much you are making...

Problem with that is no one takes any responsibility for the reported numbers. For example, one report says fighter A made $2 million, while another report says he made $25 million. Huge discrepancy. These are actual reports in Tank's fight with Martin. Then there are reports that say it sold 150K PPV, while another one says 300K to 350K. Which one would you believe? And why would believe one and not the other? And, as others mentioned, why was there no reported number in the Haney vs Garcia fight?

As a side note, I don't know if there are laws in the US where it's illegal to lie about your income for negotiations purposes like negotiating a job salary. I don't even think it's illegal.

[LarryMerchant'sBottle]

Problem with that is no one takes any responsibility for the reported numbers. For example, one report says fighter A made $2 million, while another report says he made $25 million. Huge discrepancy. These are actual reports in Tank's fight with Martin. Then there are reports that say it sold 150K PPV, while another one says 300K to 350K. Which one would you believe? And why would believe one and not the other? And, as others mentioned, why was there no reported number in the Haney vs Garcia fight?

As a side note, I don't know if there are laws in the US where it's illegal to lie about your income for negotiations purposes like negotiating a job salary. I don't even think it's illegal.

No, it isn't illegal, but when you brag about how much you're making to a big audience(social media nowadays), it can and has triggered audits in the past. Audits can be rather expensive and scary, but as long as you keep proper records, things should be fine.

I guess the point I was trying to make is that exaggerating or lying about PPV sales can lead to some unnecessary legal expenses. A good example is the Ryan, Devin, GBP circus. Oscar had to publicly announce that the fight did terrible numbers, at least in comparison to what they all had projected and to what the fighters were expecting.

Shoot, one of the reasons for the Haney's suing GBP was for transparency of all the financial records, including the PPV numbers, because they don't believe that GBP paid them all they were due.

[jqSide]

No, it isn't illegal, but when you brag about how much you're making to a big audience(social media nowadays), it can and has triggered audits in the past. Audits can be rather expensive and scary, but as long as you keep proper records, things should be fine.

I guess the point I was trying to make is that exaggerating or lying about PPV sales can lead to some unnecessary legal expenses. A good example is the Ryan, Devin, GBP circus. Oscar had to publicly announce that the fight did terrible numbers, at least in comparison to what they all had projected and to what the fighters were expecting.

Shoot, one of the reasons for the Haney's suing GBP was for transparency of all the financial records, including the PPV numbers, because they don't believe that GBP paid them all they were due.

I'm all for people getting summoned by the IRS for lying about figures. Let them sue such people. Again, I never saw any reported figures in the Garcia/Haney PPV fight. I would assume the reason is because only few bought them, the rest was pirated, which I could accept because piracy is real, instead of lying and reporting fantastic figures only the gullible would believe. Question is why would any normal person would assume certain fights are pirated and not others? Thieves are thieves no matter what.

[LarryMerchant'sBottle]

I'm all for people getting summoned by the IRS for lying about figures. Let them sue such people. Again, I never saw any reported figures in the Garcia/Haney PPV fight. I would assume the reason is because only few bought them, the rest was pirated, which I could accept because piracy is real, instead of lying and reporting fantastic figures only the gullible would believe. Question is why would any normal person would assume certain fights are pirated and not others? Thieves are thieves no matter what.

I would also assume GBP deliberately hides some of it's monatary gains from its fighters as well as the IRS, but that's just an assumption. I honestly believe the Haney's would have an easier time suing GBP than they would Ryan and now that it appears that the Haney's will be dropping their lawsuit, I have a feeling Oscar will be letting out a big sigh of relief...

You are correct about all fights being pirated, it's inevitable, but there is still a good number of folks who buy fights because they want to watch a perfect stream and not a choppy stream or a stream that drops every few rounds. Not a huge number like there were when Floyd and Manny were fighting obviously, but a decent number.