Originally posted by edgarg
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Because most of the top businessmen ARE top business men because they were very risk averse when possible, and preferred to use investors' money rathen risk their own. This should be self evident. They leverage their investments and hedge against losses.
As for "secret investors", This requires big money, and investment of up to $300 mill or more, and it's natural for people with money to invest, to want to do so privately and secretly. They all have rivals and competitors. We never hear a word of the most famous investor Warren Buffet....until AFTER he has made his deals. and we wouldn't even hear about them except that the Regulatory Authorities insist on full financial disclosure when Public Companies are concerned.
And if the deal does not event, no big investor wishes the story to get around that one of his ventures was a failure. I would be sure that secrecy is a stipulation of these investors, at least until, if everything works out fine, and a great success attained, they might allow their names to be mentioned, and take credit.
This should be evident to any business/investment knowledgeable person. Arum is likely being approached regularly with offers, and has winnowed out the genuine from the blowhards. he is a sharp cookie. look what happened with the last group of investors who tried to make the fight as celebration of Nelson Mandela's birthday......... A host of lies and dodges in which it became known that Mayweather demanded $10 mill just to talk to meet them. Of course as normal with him, he denied this, but nevertheless, a proof of the fact was that the Mandela rep took legal action against Mandela's daughter, presently ongoing, for work done on this matter etc. I believe the investors were partially from Singapore.
Also..everyone who might be involved, realised the unpredictability of anything to do with Mayweather, and are understandably cautious about any public notice. Arum is out there because, as a promoter he is already "out there", and very properly, is taking it step by provable step.
If this all was begun by Koncz going to Mayweathers gym, he'd have to have had an invitation from Mayweather to do so. My own opinion is that it has been initiated by Mayweather, because MannyP's lawyers proceeded last week with their legal action against him, and his fantasy castle cracked, and he's facing reality. I'm sure that in any negotiations, he'd demand that the case be dropped. If I were MP I would refuse, and say that the money he'd make from the fight might pay for some or all of the fines and damages he's faced with. But of course, I don't know anything aBout MannyP's thought processes nor the legal advice he is getting.....except that it's good.
However, since lawyers of that calibre are ALWAYS very busy with big work backlogs, they prefer to settle out of court (as about 90% of all litigation is) and may advise him this way. One way or another, Mayweather and Co. are bound to come out paying in some way, whether or not he wins the fight.
Just my opinion.
As for "secret investors", This requires big money, and investment of up to $300 mill or more, and it's natural for people with money to invest, to want to do so privately and secretly. They all have rivals and competitors. We never hear a word of the most famous investor Warren Buffet....until AFTER he has made his deals. and we wouldn't even hear about them except that the Regulatory Authorities insist on full financial disclosure when Public Companies are concerned.
And if the deal does not event, no big investor wishes the story to get around that one of his ventures was a failure. I would be sure that secrecy is a stipulation of these investors, at least until, if everything works out fine, and a great success attained, they might allow their names to be mentioned, and take credit.
This should be evident to any business/investment knowledgeable person. Arum is likely being approached regularly with offers, and has winnowed out the genuine from the blowhards. he is a sharp cookie. look what happened with the last group of investors who tried to make the fight as celebration of Nelson Mandela's birthday......... A host of lies and dodges in which it became known that Mayweather demanded $10 mill just to talk to meet them. Of course as normal with him, he denied this, but nevertheless, a proof of the fact was that the Mandela rep took legal action against Mandela's daughter, presently ongoing, for work done on this matter etc. I believe the investors were partially from Singapore.
Also..everyone who might be involved, realised the unpredictability of anything to do with Mayweather, and are understandably cautious about any public notice. Arum is out there because, as a promoter he is already "out there", and very properly, is taking it step by provable step.
If this all was begun by Koncz going to Mayweathers gym, he'd have to have had an invitation from Mayweather to do so. My own opinion is that it has been initiated by Mayweather, because MannyP's lawyers proceeded last week with their legal action against him, and his fantasy castle cracked, and he's facing reality. I'm sure that in any negotiations, he'd demand that the case be dropped. If I were MP I would refuse, and say that the money he'd make from the fight might pay for some or all of the fines and damages he's faced with. But of course, I don't know anything aBout MannyP's thought processes nor the legal advice he is getting.....except that it's good.
However, since lawyers of that calibre are ALWAYS very busy with big work backlogs, they prefer to settle out of court (as about 90% of all litigation is) and may advise him this way. One way or another, Mayweather and Co. are bound to come out paying in some way, whether or not he wins the fight.
Just my opinion.

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