realistically speaking, what's schaefer's plan/goal with his new ringstar promotions?

keep in mind he's very close with floyd on a personal level, but it wouldn't surprise me if he's much closer to al haymon on a personal and business level. he and haymon operate at a very high level, both are extremely well educated and constantly handle large sums of money, but floyd isn't, and they both know this. but how is yet another boxing promotional company beneficial to the PBC series? haymon already works with sham promoters to make his shows. but more recently he's been helping floyd out with mayweather promotions promoting shows. so now with starlight promotions, isn't that direct competition to mayweather promotions, as well as all of the other promoters that haymon has worked with on PBC shows?