Has Richard Shhaefer lost GBP lots of money?
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I think it may take some time before it all comes to the surface. What we can see though is Oscar is questioning the motives and business practices of Schaefer. Oscar seems to be putting more trust in Arum right now than Richard, and that is really saying something LOL
I also think Oscar is releasing some info via proxy, through Arum, and that Glaser dude.Comment
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Schaefer doesn't want to work with Arum. Oscar does because Showtime doesn't have enough revenue to showcase all the fights that Golden Boy can put out. Oscar's trying to work with Arum now so they can get some of their fighters onto HBO. This is where the rift is.Comment
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If your talking about the recent PPV flop than no
Floyd pays GBP a fee of around $3 million. Every other expense is paid for by Floyd (Undercard purses, advertising, marketing, insurance, etc)Comment
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well lost his company money
im not sure the showtime cards pay enough for his fighters and the guarantees are quite a bit
richard may be kicked out soon,,,
rumour is anyway. to run a company u can do whatever u like as the ceo
however the owner is liable which is the problem for oscarComment
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oh, so floyd pays the undercard fighters purses, never knew that. I always assumed that came out of gb pockets. If they're co-promoting together why does he pay a flat fee?Comment

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