Comments Thread For: BoxNation, Queensberry Losses Reported in Financial Reports

[BIGPOPPAPUMP]

Boxing Channel Media Ltd, the trading name for BoxNation, reported a loss of £1.7m for a 14 month financial period to March 31, 2015.

The figures, which have been lodged with Companies House, are down from losses of £3.4m in 12 months to January 31, 2014.

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[Daddy T]

Boxing Channel Media Ltd, the trading name for BoxNation, reported a loss of £1.7m for a 14 month financial period to March 31, 2015.

The figures, which have been lodged with Companies House, are down from losses of £3.4m in 12 months to January 31, 2014.

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lol no wonder warren is trying to squeeze as much from the GGG fight as possible.

[knockoutkid]

warrens probably just put the money somewhere else, probably other companies in his sons name, he's basically a crook is warren lol isnt he banned from being a director or somthing cause his previous companies went under, sports network and fwp, yet he's still calling all the shots lol. Of course the companies got no assets he wouldnt risk them being taken.

[Dr Rumack]

That really sucks. Boxnation looks fucked.

[ragingbull1]

PFFFFT. The only people losing out are the shareholders. Warren reports losses, makes up a load of costs and pockets the money. Shareholders pull out and then they go bankrupt so don't have to pay back any debts. Queensburyfighting gets launched the following week with new backers and the cycle continues. The Frank Warren business model

[Dr Rumack]

PFFFFT. The only people losing out are the shareholders. Warren reports losses, makes up a load of costs and pockets the money. Shareholders pull out and then they go bankrupt so don't have to pay back any debts. Queensburyfighting gets launched the following week with new backers and the cycle continues. The Frank Warren business model

Allegedly.

[Clegg]

Boxnation was a a nice idea but Bunce and the other guy with their 'fat loudmouths down the pub' routine made things a bit too painful for me to subscribe. It's a paid-for service so they should've aimed the content at the hardcore fans not at people who only watch boxing because there's no football on that day. The main problem though is that they are the UK boxing channel but most of the top British fights are on Sky and they don't even seem to have a deal with any of the US promoters either.

Warren was laughing at Haye being on Dave but he would've been helping the channel by getting that fight, guessing he just couldn't afford it and is cutting back on spending which doesn't make the future look too good for them.

[Eastcoast]

Sucks to see an all boxing channel struggle like this. For me the biggest draw back subscribing to Boxnation was I still couldn't watch Sky fights in the US.

[deathofaclown]

Warren is a crook. No matter what reports day, he'll be finding a way that he isn't the one being stung. He's as bent as a dogs back leg.

[turnedup]

HUGEEEE fan of the channel, found a way to watch it here in the states. Sad to hear they are losing money and yes I know i'm not helping but i'd happily pay for boxnation.