Haymon and PBC in trouble?

Discussion in 'World Boxing Forum' started by gmurphy, Jan 20, 2016.


  1. IsaL

    IsaL VIP Member Full Member

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    I wouldn't be surprised if Haymon is scamming the investors and the fans.
     
  2. alspacka

    alspacka Boxing Addict Full Member

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    True. Falling viewership is pretty damning.

    Al's obviously tried to copy the UFC template, without taking into account boxing has a far more established infrastructure than MMA did at the time.

    The only way they could turn it around is to have a ****ton of money to burn in the medium term, coupled with amazing scouting of prospects. You never know he might stumble across Floyd mk ii.
     
  3. gmurphy

    gmurphy Land of the corrupt, home of the robbery! banned Full Member

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    I honestly think he will walk away from the this venture with 100 million plus in he's own pocket. he gets 10% of the fighters purse and im sure he gets a big wage(considering he can decide how much to pay himself) and is syphoning money off from investors in other respects

    and you know what fair play to him if he is doing this because its very intelligent and a very good scam

    I then think with all the money he takes from investors, when pbc folds he will start up he's own legit promotional outfit using he's own money and run it properly and the purses he's fighters earn will be a lot less when its from he's own pocket
     
  4. gmurphy

    gmurphy Land of the corrupt, home of the robbery! banned Full Member

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    problem is the big talent coming through these days is from eastern Europe and al is more focused on signing American boxers
     
  5. alspacka

    alspacka Boxing Addict Full Member

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    I'd be interested to know what Haymon has to say about paying fighters way above market value. It's impossible he got into the position he is without understanding the basic problem with that.

    Edit; I see Barcham has addressed this. Al is either a genius salesman or has some dirt on the execs at Waddell & Reed
     
  6. gmurphy

    gmurphy Land of the corrupt, home of the robbery! banned Full Member

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    agreed, I think either waddle and reed are stupid or have a corrupt influence within their ranks tbh. and haymon is very intelligent. I mean he has basically a license to transfer all the investors money into he's bank account and over pay fighters
     
  7. Rumsfeld

    Rumsfeld Moderator Staff Member

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    So many legal/business experts in this forums.

    :smoke
     
  8. IsaL

    IsaL VIP Member Full Member

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    Face it Rumsfeld, we are all experts here, in one thing or another.
     
  9. Bollywooden

    Bollywooden Boxing Addict Full Member

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    I don't think much would change, Haymon would go back to robbing Showtime instead.

    Did you not attend University Rums?
     
  10. Rumsfeld

    Rumsfeld Moderator Staff Member

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    Except for me, Isal. IDKSAA!

    :smoke
     
  11. Rumsfeld

    Rumsfeld Moderator Staff Member

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    Indeed, I have a BA in political science.

    :smoke
     
  12. IsaL

    IsaL VIP Member Full Member

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    :rasta

    You know a lot about Phish. :good
     
  13. Rumsfeld

    Rumsfeld Moderator Staff Member

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    :lol:

    Truth be told, I don't even know much about them anymore.

    If it weren't for my amazing singing voice, I'd be completely useless.

    :smoke
     
  14. Doc Everlast

    Doc Everlast Boxing Junkie Full Member

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    of course Haymon gets his guys the highest purse he can. He gets a chunk of it. Some people act like Haymon is doing all this for free! lol
     
  15. IsaL

    IsaL VIP Member Full Member

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    You're great at predicting fights!! :lol: