His excellency Turki Alalshikh is the person accountable for this current boxin revival he has put collectively together with his Riyadh Season occasions in Saudi Arabia. The latest struggle was arguably an important boxing eventt he has put collectively, it was reported that it offered an extra of 1.5 pay-per-view gross sales. it was the Tyson Fury vs Oleksandr Usyk struggle. However regardless of these outcomes, Alalshikh nonetheless got here out quick with the struggle’s funds. The chairman of Saudi Arabia’s leisure authority reportedly misplaced $27 million regardless of making over $50 million from PPV gross sales alone. All of this info comes from a current report made by the oldsters at ESPN, who made an in depth clarification of how his excellency misplaced all that cash regardless of how profitable the occasion was.
Tyson Fury blames judges with unbelievable excuse for his loss to Oleksandr Usyk
May this discourage Turki Alalshikh?
Different sources of income the place the occasion did gangbusters was from sponsors, they acquired a cool $40 million from that alone. Plus, the ticket gross sales attracted an additional $3 million however that also wasn’t sufficient to even come shut to interrupt even. If we make an addition to all of these numbers, we give you $93 million of income that the occasion generated in whole. Nevertheless, the ultimate price of this occasion was a staggering $120 million. This interprets right into a whopping $27 million deficit that left Turki Alalshikh with absutely no earnings from this. Nevertheless it’s in all probability correct to assume this isn’t going to stop Alalshikh from making extra occasions of this nature down the road.
There should not many promoters like his excellency, who can see the worth of placing collectively an occasion that can make them lose cash however it’s going to ship a historic second. That struggle between Tyson Fury and Oleksandr Usyk is already one of many biggest heavyweight fights in boxing historical past. Turki Alalshikh understands that his identify and his nation might be linked to this occasion without end. We nonetheless have the rematch arising and judging on these outcomes, Alalshikh will in all probability come into it realizing he might lose hundreds of thousands once more. However none of that issues to a rustic the place they make cash from oil manufacturing.
