Matchroom Boxing - FRAUDSTERS

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  • Boxtime
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    #1

    Matchroom Boxing - FRAUDSTERS

    -Hearn is basically selling £40 face value tickets for the Haye vs Klitschko fight for £120
    Here is the proof. https://www.stubhub.co.uk/joshuaklitschkoThese are not normal people reselling their tickets to make a quick buck, this is Matchroom selling tickets at inflated prices via StubHub.

    However, when he shows the books to his fighters, he will pay them their purses based on £40 of revenue from a ticket he actually sold for £120. £80 per ticket, after Stubhubs fees goes straight into Hearn's back pocket. Joshua has caught wind of this and now also receives a slice of the StubHub pie.

    Hearn is more slimy then Bob Arum. This is why the elite fighters in UK boxing, Frampton, Khan, Haye and DeGale, who actually have proper financial advisers, unlike the council estate scum like Froch, Crolla, Bellew and Brook, don't sign promotional deals with him.

    Have you ever asked yourself why Haymon was so against DeGale signing a managerial deal with Al Haymon? Because, any accountant or someone with a bit of financial knowledge knows that there is serious money being siphoned of by Matchroom, that rightfully belongs to boxers.

    This was Hearns reaction to DeGale signing with Haymon:
    "I'm their UK promoter...I'm involved with the decision-making, but nowhere near as much as I previously was...got a couple fights left with both of them...I don't really agree with a lot of the things they're doing, but they're making good money...my advice to any fighter is be as close to me as you can because it means I'm going to work a lot harder for you,"


    The fact is, Hearn can easily negotiate with thick idiots like Kell Brook's step dad, who didn't even pass high school. But when he has someone like Al Haymon, or any other manager with some financial knowledge across the negotiating table, he crumbles under pressure and gets pissed off, which is evident in his iFLtv interviews.

    It is only a matter of time, before Eddie Hearn garners the same public opinion as the Bob Arum's of this world.
    Last edited by Boxtime; 02-07-2017, 03:17 PM.
  • The Gambler1981
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    #2
    Kind of the venues fault though, if they are leaving that much meat on the bone in terms of what supply and demand dictates someone is going to take advantage.

    Hearn is just taking advantage before anyone else can though because his position allows it. He is still risking a lot though because fight tickets are very perishable and he could get left holding the bag although not likely for this event.

    If he is doing that though the fighter involved should demand tickets at 40 per so they can sell them like that and get their beak wet.

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    • Boxtime
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      #3
      Originally posted by The Gambler1981
      Kind of the venues fault though, if they are leaving that much meat on the bone in terms of what supply and demand dictates someone is going to take advantage.

      Hearn is just taking advantage before anyone else can though because his position allows it. He is still risking a lot though because fight tickets are very perishable and he could get left holding the bag although not likely for this event.

      If he is doing that though the fighter involved should demand tickets at 40 per so they can sell them like that and get their beak wet.
      The demand comes from "this fight sold out in 12 minutes", makes anyone want to be part of the event. The venues don't really have a choice. If they ask for more then Hearn goes elsewhere. Venues don't dictate pricing to hire based on demand of the event. They have a flat fee for certain dates....you pay it or f*** off.

      Secondly, most fighters don't know that Hearn is reselling tickets, and are happy with the money in the contract. Obviously, if they knew the obvious numbers, then they would ask for more.

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      • The Gambler1981
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        #4
        Originally posted by Boxtime
        The demand comes from "this fight sold out in 12 minutes", makes anyone want to be part of the event. The venues don't really have a choice. If they ask for more then Hearn goes elsewhere. Venues don't dictate pricing to hire based on demand of the event. They have a flat fee for certain dates....you pay it or f*** off.

        Secondly, most fighters don't know that Hearn is reselling tickets, and are happy with the money in the contract. Obviously, if they knew the obvious numbers, then they would ask for more.
        There are only so many big venues and while the venues obviously want events on a day they would otherwise be dark they do have leverage to get a better deal than 1/3rd of real ticket value.


        Fighters need to make sure they know about stuff like that, if not they will get taken advantage of. A guy like Joshua has a lot of leverage just needs to use it.

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        • AD86
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          #5
          Originally posted by Boxtime
          -Hearn is basically selling £40 face value tickets for the Haye vs Klitschko fight for £120
          Here is the proof. https://www.stubhub.co.uk/joshuaklitschkoThese are not normal people reselling their tickets to make a quick buck, this is Matchroom selling tickets at inflated prices via StubHub.

          However, when he shows the books to his fighters, he will pay them their purses based on £40 of revenue from a ticket he actually sold for £120. £80 per ticket, after Stubhubs fees goes straight into Hearn's back pocket. Joshua has caught wind of this and now also receives a slice of the StubHub pie.

          Hearn is more slimy then Bob Arum. This is why the elite fighters in UK boxing, Frampton, Khan, Haye and DeGale, who actually have proper financial advisers, unlike the council estate scum like Froch, Crolla, Bellew and Brook, don't sign promotional deals with him.

          Have you ever asked yourself why Haymon was so against DeGale signing a managerial deal with Al Haymon? Because, any accountant or someone with a bit of financial knowledge knows that there is serious money being siphoned of by Matchroom, that rightfully belongs to boxers.

          This was Hearns reaction to DeGale signing with Haymon:
          "I'm their UK promoter...I'm involved with the decision-making, but nowhere near as much as I previously was...got a couple fights left with both of them...I don't really agree with a lot of the things they're doing, but they're making good money...my advice to any fighter is be as close to me as you can because it means I'm going to work a lot harder for you,"


          The fact is, Hearn can easily negotiate with thick idiots like Kell Brook's step dad, who didn't even pass high school. But when he has someone like Al Haymon, or any other manager with some financial knowledge across the negotiating table, he crumbles under pressure and gets pissed off, which is evident in his iFLtv interviews.

          It is only a matter of time, before Eddie Hearn garners the same public opinion as the Bob Arum's of this world.
          How do you know that its matchroom selling the tickets exactly.

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          • Lester Tutor
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            #6

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            • yammy25
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              #7
              so you're saying matchroom are selling all 2 of those tickets at an inflated price? yawn...

              I dont particularly agree with the way eddie works and i think he's slime at the best of times, but that's clearly the resale page of stubhub, where people have bought for £40 and are selling them at a higher price and undercutting eachother.


              hence theres 2 tickets at 119.99.. 2 tickets at 124.99 etc.

              I dont understand why people find it such a hard concept that the general public wants to try and make a quick buck.

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