Boxing Finances

The basic financials of staging a production are as follows:

IN

Ticket sales
Sponsorship/advertising
TV

OUT

Purses
Venue hire
Board tax
Other sanctioning fees (if applicable)
Security
Ring hire
MC
Ambulance
Doctors
Refs
Timekeeper
House seconds
Lighting and production
Scales, gloves etc
PR Marketing
Advertising
Accommodation & travel (if applicable)

 

I was surprised to learn that fighters receive some payment on the night.

on 24/7 Floyd siaid that he would avoid Larry Merchent, pick up his cheque and party with his boys. Calzaghe was paid some money in his dressing room after the Hopkins fight.

 

Here's a classic example of how it can all go wrong if you don't get the finances right -

click here

 

:good

Thanks mate, I cant believe things are still done that way ! ridiculous. Surely not on bigger bills. For example say the Mag 7 bill at NEC

 

:rofl:rofl