Interesting Warren interview

[don't call it a comeback]

Maybe not but as I wrote on this subject a few months ago, I personally wound a business up because I was let down and opted to pay my blokes out of my own pocket rather than leave them without. It skinted me and I regret it. The blokes all went off to pastures new, had enough money to pay for their mortgage or latest whoring trip or whatever, but I didn't really get any thanks for it and, as I said, it left me potless. Ethical perhaps, stupid definitely.

With respect it does not sound analogous at all. Did the business you wound up have a huge range of assets in the form of world leading products which you transferred to another company overnight and continued to make profits off?

As far as Warren is concerned, there seems little doubt that millions came into his then company for the Hopkins fight. Where that money then went is the mystery.......

I'm not going to comment on the morality of that situation. The legality is I believe still being investigated.

But I have nothing positive to say about Warren.

The Ltd company that I was a director of could have gone bang and I could have established another Ltd company the day after, had I opted to.

The company owed approximately £150,000 to staff and £285,000 to creditors. There were no bricks and mortar assets (rented office space); however, the company did have a number of vehicles and specialist pieces of equipment that were sold and used to pay the creditors and a percentage of the wages. And, as I stated earlier, I used my own personal cash to make up the shortfall to my staff. I didn't legally have to do this and, with hindsight, it was a mistake.

It is similar to the Sports Network situation, although the figures are obviously lower and the Sports Network director(s) didn't make a wholly unnecessary gesture of goodwill.

Firstly, sorry to hear about your business, I know that will be gutting after all the hard work.
Secondly, well done, whatever you think, on doing the right thing by your people - long term reputation is the only thing you have in business even if short term it feels unappreciated.

But finally there remain big differences.

EDIT - have deleted this section as, although I believe not libellous, I don't want to get the forum hassled by FW lawyers again. All I will say is that a large payment for Calzaghe's fight was paid to Sports Network and that payment seems to have been swallowed up somewhere. No-one can deny that.

[SAPFO]

Letting a man go through 12 rounds on the biggest stage, and then not paying him. I bet he has that cash under his bed.

[ThereByTheGrace]

Best topic i have read about in a long time. Covers all the good (and bad) about Boxing in one topic.

Business wise if FW had a Ltd Company he could have done what he wanted - ie put the coy under and taken a disqualified director.

Don't forget about Hamed, he did his bit for British boxing and was just as big as Hatton in the US also.

Warren is not to be trusted - but no promoter is in all fairness but people know that if you work with him you can create a win/win situation.

FW now knows I think that boxers once they reach a level they can go away on their own and ditch him and make their own money so he has to take that risk when dealing with ALL fighters in his stable - its the nature of business.