Comments Thread For: Richard Schaefer Officially Departs From Golden Boy
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Now GBP will become ******* central with Oscar snorting the company into bankruptcy. All these comments about Richard this and Richard that, but while Oscar got high and made a fool of himself Richard kept thing tight. We'll see who really was running the company after Floyd's next fight.......Comment
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Not necessarily unless its stated in his contract that he can be forced to sell his shares if terminated as CEO (unlikely).
He doesn't have a controlling interest in the company, Oscar does, so while he has a financial stake, Oscar holds majority vote.Comment
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This involves a lot more than just working with Arum. I think there are far greater issues internally that probably LED to Oscar reaching out to Arum. But that's not the cause of this.I think Oscar let his emotions and pride get in the way. Richard proved himself, he held GBP down while De La Hoya was going through his sht. Thanks to Schaefer we started getting great undercards and fights, including the biggest boxing event of all time.
All this just to work with Top Rank again? it's not worth it in my opinion. All TR has to offer is a fading Manny Pacquiao, 40 year old Juan Manuel Marquez, overrated Tim Bradley and Ruslan Provo. Oscar and Richard should of just worked their differences out and let HBO , Bob Arum and TR die out. Oscar is basically going out his way to save Bob Arum smh.Comment
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Well there goes richard. He did a good job, but u can't go against the owner when the plan changes so he did it to himself. Who knows if he cares seeing how far his head is up haymon and Floyds ass. As for gbp there is somebody out there who can do the job well, just gotta find em.And for the fans this good richard was in the way of what we all should want so one obstacle cleared but who knows how many more are out there.Last edited by Chiboxing123; 06-02-2014, 05:15 PM.Comment
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There's probably no way around it if what Arum said about him looting the company dry is true. You can either contest it, or admit it and sweet talk Hoya into forgiving you, and you don't mind him firing you, instead of suing. The looting part is hard to deal with if you're the founder. There's no way you can ever trust such person no matter what.Comment
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Exactly! this is what im thinking too! Oscar is going out of his way to save Arum and his dying company smhComment
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