What happens when the PBC money runs out?

Discussion in 'World Boxing Forum' started by IsaL, Aug 8, 2015.


  1. IsaL

    IsaL VIP Member Full Member

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    Its all about rating brah. Basic math brah. In case you didn't invit know, Al isn't a nice guy trying to save boxing or protect fighters...if you thun believe that I'm also selling a bridge in Brooklyn...I'll give you the Haymon deal!
     
  2. reanthefox

    reanthefox Active Member Full Member

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    dumb ****.

    expenses: time buys, purses, production costs, all into millions.

    revenues: gates (tickets being given free lmfao), commercials /sponsors (you see any?).


    my **** is free, wanna eat it?

    tell the shareholders gaymon is spending money on **** for free.:deal
     
  3. Phanekim

    Phanekim Well-Known Member Full Member

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    financial reports show the haymon has blown 1/3rd of the 425 mil already. i think after next quarters revealings...i think waddell and reed may pull the plug.

    kevin iole had a good article on this on yahoo.

    i personally think pbc is sorta done. what they will do is cut losses and sell off everything.
     
  4. rodney

    rodney Boxing Junkie Full Member

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    Not happening.
    His money is growing alot faster than he can spend it.
     
  5. Limerickbox

    Limerickbox Boxing Junkie Full Member

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    The same thing that happens when the money runs out at any business.

    It closes down and its employees go to new places
     
  6. Limerickbox

    Limerickbox Boxing Junkie Full Member

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    As for Waddell and Reed, bare in mind the 400 million is little more than a rounding error to them
     
  7. alexthegreatmc

    alexthegreatmc Sound logic and reason. You're welcome! Full Member

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    You didn't know businesses go under if they run out of money? [emoji38]

    How old are you? Seriously.
     
  8. alexthegreatmc

    alexthegreatmc Sound logic and reason. You're welcome! Full Member

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    Lol he needs people in a boxing forum to tell him that.
     
  9. Real-G

    Real-G Well-Known Member Full Member

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    So what you're saying is that you're a promoter and TV executive and we can quote you because you know what you're talking about right?! :patsch
    Haymon is an amateur compared to you, right ?
     
  10. Real-G

    Real-G Well-Known Member Full Member

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    If Al Haymon is such a bad investment, how did he just close a deal with Fox Sport 1 ?
     
  11. Phanekim

    Phanekim Well-Known Member Full Member

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    waddell and reed financial statements. i suggest you read the kevin iole article. waddell and reed arn't doing so hot and people are withdrawing money out of their accounts. unreleated to pbc. the last thing w/r need is an investment thats losing hand over fist at this moment. the way its constructed, the losses they incur may take 5-6-7 yeaers to get back. the loss leader just isn't worth it. if there is a precedent for this i would say look at elitexc, affliction, and to a smaller degree strikeforce in mma world. I anticipate them pulling the plug on this thing soon. nothing personal against pbc. my honest guess is it won't last till march of next year.
     
  12. kriszhao

    kriszhao Boxing Junkie Full Member

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    :good