Boxingtruth shreds Arum's Stadium stalling

great read

It was me. I told some retarded Pactard why it wouldn't work and that the Ticket prices would be around 1300 to even get close to 60 mil which is illogical. Also the 7 mil cost that Arum pulled out of his as for a 50 k seaters. A temporary Football stadium for 20 k seats costed 15 mil and took over 3 months to complete. So it doesn't take a genius to do the math ^^^ eaxactly.

Don't need anyone else to tell me this. I was posting last week that Bob was full of crap. You can't charge 5K for a ringside seat to this fight in a 40k seat stadium like you can at MGM.

i don't believe arum a single word but that's in the lines of what he said.... i'm not a businessman so i don't really know how/why any investor would be interested in this kind of deal, but whatever. anyone with a basic calculator and a little logic can calculate that arum's stadium doesn't make any sense. Arum says alot of garbage. About time people start putting out some reality behind it.

yup...I can't remember which poster it was but as I was reading the article it sounded familiar....like I've said many times, some cats on here know their stuff It was me. I told some retarded Pactard why it wouldn't work and that the Ticket prices would be around 1300 to even get close to 60 mil which is illogical. Also the 7 mil cost that Arum pulled out of his as for a 50 k seaters. A temporary Football stadium for 20 k seats costed 15 mil and took over 3 months to complete. So it doesn't take a genius to do the math

So basically you believe that someone would want to put up the money in order to lose money? i don't believe arum a single word but that's in the lines of what he said.... i'm not a businessman so i don't really know how/why any investor would be interested in this kind of deal, but whatever. anyone with a basic calculator and a little logic can calculate that arum's stadium doesn't make any sense.

Great read. Thanks.

Didn't someone make this argument in a NSB thread? yup...I can't remember which poster it was but as I was reading the article it sounded familiar....like I've said many times, some cats on here know their stuff

Finally... I tried to point that out in the thread I made also http://www.boxingscene.com/forums/showthread.php?t=531647

I grew up in Vegas and if Arum is being sincere, which I completely doubt, then I would say do the stadium and make things fresh and exciting for the average fan who wants to go to the live event instead of the satellite locations at other casinos. I'm sure the stadium would sell out, plus they would probably fill up the satellite locations as well...plus get their 3 million ppv buys. It would make the event seem even bigger, more money would be made, more fans could see the fight live, and Las Vegas would get even more people to travel to their city to spend money at their casinos and so forth. The only problem is that Arum is full of **** and he's using this stadium as his excuse...or so it seems. Things have been pretty quiet the last few days and who knows what they are all doing right now. I haven't completely written this fight off for May yet. I say that and any minute there will probably be some new BS report or excuse as to why this fight isnt going to happen...60, 59, 58, 57, 56, ....

the article makes common sense! but the way i understood arum is he wanted to outsorce the venue and gate to an outside investor for an extra $20 mil. guarantee for each fighter.... in that case ticket price isn't really that important anymore. So basically you believe that someone would want to put up the money in order to lose money?

the article makes common sense! but the way i understood arum is he wanted to outsorce the venue and gate to an outside investor for an extra $20 mil. guarantee for each fighter.... in that case ticket price isn't really that important anymore.

Didn't someone make this argument in a NSB thread?

Thanks for the post. Waiting on more writers to call out this $60 Million figure. They should be trying to confirm or disprove it. Not just repeat it like parrots.