I would buy Mike Tyson a little annuity for his retirement. Donate a couple hundred thousand to a political party to get Lennox knighted and then use the rest to put together a massive entourage that can rival that of Chisora.
I'd set up a promotional stable, and do exactly what every other promoter currently does. Business wise, that would be the smartest thing to do. Because £100 mill isn't near enough to do the things I, as a fan, would want to do. ****, £100 mill wouldn't even be enough to start a successful promotional company.
I'd want that 100M to grow quickly so I'd invest it all in Boxnation. In 18 months it'll be worth 500M and then I can really get to work.
buy the ring magazine and the regional belts such as the european,british.american etc. charge fighters,promoters,managers an annual registration fee to be included in rankings etc make there be an incentive for winning each belt say a million for the ring, 10k for the brit, 40k for the european and a smaller one for defending against the number 1 contender.refs,judges would be assigned and paid by the organisation and be reviewed.overtime decrease the number of weight classes. any money leftover would be invested to fund the organisation in the future
Yes the financial value, I know the WBC is supposed to be a non-profit org roll but I remember when the WBC were fined 30 Million Dollars for essentially going against their own rules by (re: Rocchigiani) they were in serious trouble.
I agree, boxing doesn't need the money for the sake of it. What is needed in my view:- 1. One champion recognised in each division. 2. Proper scoring and judging, no home decisions or fixes. 3. Proper remuneration based on performance not image and pulling power. 4. No rematch clauses etc. 5. More good fights, less mismatches. 6. Boxers who don't fear losing an unbeaten record. 7. A panel like the Ring Magazine who rank fighters etc. 8. A scheme to look after fighters when they retire. 9. Training on how to act and behave in public.
I'd put myself on a fight card and pay myself £99,999,000 to fight a can, who will get the rest of the purse.