meanwhile people are paying for hbo subscription to watch golovkin fight dom wade and a welterweight.....good stuff! you are alright in the head for sure!
You're exactly right- Haymon, most assuredly, is not losing money. The crucial point you've missed is that Haymon makes millions even if PBC doesn't make a dime. He doesn't own PBC, and his profits aren't tied to it succeeding. The shareholders own it. Al gets paid a cut of every fight from both sides on every single PBC fight that gets made in-house. The funding he got essentially gave him a blank check for himself to make whatever money he wanted. The more he pays the fighters, the more he makes. And since it's not "his" company, he doesn't get hurt if the events are unprofitable. The shareholders are the ones hurt by that. Al has no financial motivation to run his company efficiently because he's making tens of millions himself the way he's doing it. His wealth isn't determined by how the stock does. This is called an agency problem, and it's why Al had to bribe the guy at W&R with a job in exchange for getting the funds in the first place. No responsible fund manager would bankroll a company with that kind of structure due to the inherent conflict of interest- they'd have put a different, unrelated third party in charge to protect shareholder interests.
this guy stamina must have down syndrome if he thinks PBC( a company that has lost 600 million in under 2 years) is definetly going to take over boxing lmfao and stamina if your so sure of this go out get your life savings and invest it in pbc and haymon
got a call from the cable people. told me as a loyalty offer hbo showtime starz 2.00 per month for two years. yeah baby. Gstring is a cheap biatch to watch now
No, and you're grasping at straws. None of this years matches were mismatches. PBC did not have 180 pound men (Canelo, GGG) beating up on 147 pound men (Khan, Brook)for your entertainment.
Oh, you must be one of those multi-millionaire shareholders in the hedge group he lost money for then. Dude, I feel your pain, But just don't buy a new yacht this year and you'll be fine.
all my pbc threads are getting taken down, maybe the mods don't want you to know about pbcs impending doom, but il let you know the truth still no fights announced