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De La Hoya's Statement on The Future of Golden Boy

Golden Boy Promotions President Oscar De La Hoya has released a statement regarding the future of his company. The statement comes on heels of the recent departure of Richard Schaefer, the longtime CEO of the company.

"Golden Boy Promotions is moving ahead on all fronts. We look forward to continuing and expanding our key position in the boxing world and to providing the public with the very best the sport has to offer," De La Hoya said.

After months of internal bickering between Schaefer and De La Hoya - Schaefer announced on Monday that he was officially leaving Golden Boy.

"After more than ten years with Golden Boy, it is time to move on to the next chapter of my career. This decision has required a great deal of personal reflection, but ultimately I concluded that I have no choice but to leave. I have succeeded in banking and I have succeeded in boxing, and I look forward to the next opportunity. I am proud to remain a shareholder, so I have a strong interest in the continued success of the company. I am proud of what we have accomplished at Golden Boy, but I now look forward to new challenges."

The feuding between Schaefer and De La Hoya first began when De La Hoya publically revealed his intention to make peace with promotional rival Bob Arum of Top Rank. Schaefer was very much against the move and made it clear that he would refuse to have anything to do with Arum or his company.

User Comments and Feedback (Register For Free To Comment) Comment by Wyvceo on 06-05-2014

[QUOTE=Ericd314;14628443]___________ A guy criticizes Oscar (noticed I spelled criticize correctly) and you find some way to bring Floyd in your response, wtf dude??? You have a man crush on Floyd that turned fatal attraction...[/QUOTE] Any dummy with common sense knows…

Comment by Wyvceo on 06-05-2014

[QUOTE=PETUFF;14625948]Warrr De la Hoyas you don't need that scumb bag!!keep it with good work!!:boxing::boxing:[/QUOTE] You mean the scum bag behind making GBp number 1 while he was acting like a child

Comment by KillaMane26 on 06-05-2014

I like oscar....but lets not forget dis fool was coked out with fishnet leggings on......and why is everybody defense is to bring up floyd and his daddy/ uncle?? but yea they on dat white too

Comment by Ericd314 on 06-05-2014

[QUOTE=SoCal Chicano;14626285]Don't forget that mayweather is a woman beater and degenerate gambler....but that's ok doe.....I bet he admires whitakker too even though he was a cokehead himself. Instead of admiring and supporting a FORMER BOXER who is trying to become…

Comment by Ericd314 on 06-05-2014

[QUOTE=junior gong;14626194]Lol, Crackhead? WTF are Floyd sr. and Roger then? Then you got TMT, a stable full of fighters juiced to the gills, Lenny the homo, floyd the racist ducker and Al haymon the tranny.....and you have the nerve to…

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