"Eye watering financial losses" from last night's card

Discussion in 'British Boxing Forum' started by BaronSamedi, Oct 31, 2021.

  1. BaronSamedi

    BaronSamedi Member Full Member

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    According to Hearn

    Says he's lost over £200,000 by going ahead with the show

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    It's the exact same show that was always on, except now he's removed the most expensive part. He's saved at least a million by not having to pay Whyte and Wallin, so how has he managed to lose money?

    More bull****? Attempting to win favour with fans after serving up shite to them and making himself sound like a maytr?
     
  2. Astro

    Astro Member Full Member

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    I do not understand at all that it can make a loss with the many many millions DAZN pays to Eddie Hearn / Matchroom?
     
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  3. BXNG101

    BXNG101 Active Member Full Member

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    Gate receipts maybe?
     
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  4. themaster999

    themaster999 Active Member Full Member

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    Poor Eddie

    Might start a crowd funder for him.
     
  5. Astro

    Astro Member Full Member

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    As far as I know, Boxing Promoters have 2 or 3 different accounts. It could be that Eddie Hearn has lost money on the official account ?
     
  6. Erik

    Erik Active Member Full Member

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    He basically hired the O2 for the 1400 tickets Johnny Fisher sold.
     
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  7. unfriendlyorchid

    unfriendlyorchid Probably moaning about Sky Sports Full Member

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    Combo of ticket refunds and rights fees from DAZN.

    There's no way he could invoice DAZN the same as he would have for a Whyte-Wallin headline card. The outgoings of venue hire and TV production costs (Matchroom are in charge of this now, don't forget) remain the same.

    It's no coincidence that they're suddenly putting on a new show in Liverpool in December, you'd imagine a lot of the surrendered DAZN fees from last night will end up paying for that.
     
  8. Brighton bomber

    Brighton bomber Obsessed with Boxing Full Member

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    Yep this. clearly there were a lot of empty seats which you don't see at a Whyte fight usually and obviously DAZN are not going to pay the same fee for this as the original card.
     
  9. impacted

    impacted Well-Known Member Full Member

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    £200 losses to make millions by fleecing Otto Wallin to get Dirty Dillian yet another PPV windfall. Hearn is looking a bit lost lately. It's almost as if the behemoth that is Sky Sports played a bigger part in his success than his wide boy routine and cheeky banter. Buses driving round with billboards promoting your shows isn't quite the same as a sports network dedicating an entire weeks content to building them up. Sky have the power to make fat blokes throwing darts at a board a national sport. Eddie got far too cocky and took them for granted.
     
  10. Brighton bomber

    Brighton bomber Obsessed with Boxing Full Member

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    Would be kind of ironic if Hearn ended up making the same mistake Warren did, jumping ship from SKY thinking the new player in town was a better option only for SKY to hitch their wagon to a another promoter and make them the premiere boxing promoter in the country.
     
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  11. Erik

    Erik Active Member Full Member

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    I'm pretty sure Sky gave Warren the boot. I think it was when Hatton left him and Calzaghe was still taking garbage fights like rematching Mario Veit that no one was watching so they finally had enough.
     
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  12. Willis Brown

    Willis Brown Member Full Member

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    Poor old Eddie £200K is chicken feed to what he will recoup from saving Whyte from a possible defeat to maintain a PPV for Whyte to challenge for WBC title ! I am sure EH thinks the average boxing fan is stupid.
     
  13. CutThroatFade

    CutThroatFade Rangers FC Full Member

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    I’ve said this a few times but it’s clear DAZN is a money laundering operation and similar is rife in boxing. MTK another example.
     
  14. Murderers' Row

    Murderers' Row Active Member Full Member

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    I don't care if he lost money since it's none my business just give us a good show.
     
  15. bladesman

    bladesman Active Member Full Member

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    His old man on ifl said went from about 13k sold to 5k after refunds.

    Not every card makes a profit and seems this one was hardly selling out before the main event dropped out anyway.
     
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