Suspend promoters who don't pay their boxers on time!

daddy-rhino
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Re: Suspend promoters who don't pay their boxers on time!

Post by daddy-rhino »

Cardiff-Lad1 wrote:
nelsoninfour wrote:Boxing chat your mob defaulted on more payments than Greece. You are the frank abignale of promoters. More alias than giggsy and tiger had birds.Can I ask did your cheque to miracle grow bounce too? 50k in a few months I agree is better but when the fighter finds out you made 10 times that they soon get annoyed. I am sure we can all name a few fighters of that ilk
Can i ask who 'Boxingxhat' is??
Don't no but AA promotions springs to mind. :TU:
nelsoninfour
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Re: Suspend promoters who don't pay their boxers on time!

Post by nelsoninfour »

Cardiff-Lad1 wrote:
nelsoninfour wrote:Boxing chat your mob defaulted on more payments than Greece. You are the frank abignale of promoters. More alias than giggsy and tiger had birds.Can I ask did your cheque to miracle grow bounce too? 50k in a few months I agree is better but when the fighter finds out you made 10 times that they soon get annoyed. I am sure we can all name a few fighters of that ilk
Can i ask who 'Boxingxhat' is??
Have you ever read George Orwell animal farm?
los2
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Re: Suspend promoters who don't pay their boxers on time!

Post by los2 »

boxingchat wrote:
leforge wrote:
Cardiff-Lad1 wrote: It wouldn't be the first boxer from a certain promotor that hasn't been paid following a fight. and its months as opposed to weeks :(

I dunno if its defo true but i've heard that if a Matchroom fighter fights on a saturday, the money is in his account on the Monday afterwards - no f*cking about. Exactly how it should be in my eyes.
Thats due to the company being solvent and profitable from its other sources of revenue. Where if you just promote boxing and the tickets sales are not good you may have cashflow issues. Perhaps you should not be promising fighters high wages if you know you can't pay it on time.

I'd rather wait a month for 50k than be paid 10k straight away, just a thought.
so would i.....i wonder if calzaghe would??????
Glyn Leach
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Re: Suspend promoters who don't pay their boxers on time!

Post by Glyn Leach »

princess wrote:
leforge wrote:
Glyn Leach wrote:Amazing to think that a member who criticises them might have their license suspended but that late payment of those who the sport cannot exist without is apparently not worthy of speedy action.
Shocking you should higlight this in the magazine!
Amember who critizes them has there licence taken away for life I,m thinking the Oscar Wilde quote here I dont want to be a member of a club That would have me as a member FFs Dont get me started
I didn't know it was for LIFE! Jesus!
CharlieW
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Re: Suspend promoters who don't pay their boxers on time!

Post by CharlieW »

Cardiff-Lad1 wrote:
Josh1111 wrote:Do you think this is related to John Murray saying he wasn't pauid after the Mitchell fight?
It wouldn't be the first boxer from a certain promotor that hasn't been paid following a fight. and its months as opposed to weeks :(

I dunno if its defo true but i've heard that if a Matchroom fighter fights on a saturday, the money is in his account on the Monday afterwards - no f*cking about. Exactly how it should be in my eyes.
A certain promoter discussed i no mainly has the shows on a saturday therefore give all fighters a cheque for what there owed unless they are on a contract of some sort. You get the Cheque on saturday meaning you cant put it into bank till Monday, therefore this will take 5 working days to clear so you will have the money by friday with this it gives the promoter a week to find the money if they havnt done well in the show (boxing business talk). What in fact Eddie Hearn is saying is that a fighter should be paid for the job ASAP no waiting a week for money. I know Matchroom pay cash to lower purses and for the bigger purses the moneys in the account by monday if the shows on saturday (good business).

Boxing's a big business !!
twenty six
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Re: Suspend promoters who don't pay their boxers on time!

Post by twenty six »

You clearly can't see the woods for the trees.
I think you'll find that some boxers are waiting for weeks, sometimes months for their money - and not the headliners.
I love that song Calvin Harris did with Kelis.
leforge
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Re: Suspend promoters who don't pay their boxers on time!

Post by leforge »

twenty six wrote:You clearly can't see the woods for the trees.
I think you'll find that some boxers are waiting for weeks, sometimes months for their money - and not the headliners.
I love that song Calvin Harris did with Kelis.
Think its disgusting the board should act.
Champ1982
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Re: Suspend promoters who don't pay their boxers on time!

Post by Champ1982 »

Got to say, iv never had a problem being paid. Have heard some storys thou. Boxed for Matchroom, Coldwell promotions, Chris Gilmore and the St Andrews Sporting Club. My manager always sorts it there and then. As for ticket sales, yeah its a pain doing it. You look at it, as a partnership. Well thats how i do. The more i sell the bigger % i get on this. Kin honestly say, that iv had as much as 25% on ma sales. If av boxed on other shows, av always had the best possible purse. Its simple, if you managers not doing his job. Well, id move on. :D
Wake up call
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Re: Suspend promoters who don't pay their boxers on time!

Post by Wake up call »

There's a number of fighters out there at present which are waiting for a certain promoter to pay them. They have been waiting months. No names but it's hardly a trade secret.
kells
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Re: Suspend promoters who don't pay their boxers on time!

Post by kells »

ha i had this prob wiv wally. i weighed in,he came got my ticket money then came back and said 5 mins later my opponent has travel sickness and cnt box. my then manager mickey helliett had to get abit firm wiv him and tell him to pay me as i weighed in and wasnt my fault and he also made him giv me my 10 percent ticket sales,he didnt want to mind, think mick had to tell him he wernt fuckin around n pay up!!! wudnt giv me rest of ticket money back tho so my friends n family wasted ther time and money
leforge
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Re: Suspend promoters who don't pay their boxers on time!

Post by leforge »

Wake up call wrote:There's a number of fighters out there at present which are waiting for a certain promoter to pay them. They have been waiting months. No names but it's hardly a trade secret.
Can't the fighters leave if they not been paid on time surely it's breaks the contract.
twenty six
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Re: Suspend promoters who don't pay their boxers on time!

Post by twenty six »

What if its the opponent, not the Promotor's fighter ?
Coco
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Re: Suspend promoters who don't pay their boxers on time!

Post by Coco »

I remember fighting in Brighton on a Peacock show. I was gloved up and ready to go when my opponent failed his medical. It was top of the bill as my opponent was the ticket seller, many went home and had refunds too. Jackie Bowers RIP came over and gave me my full purse, I didn't even have to ask. I almost felt guilty as these small hall shows struggle to break even at the best of times. Good people the Bowers.
leforge
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Re: Suspend promoters who don't pay their boxers on time!

Post by leforge »

twenty six wrote:What if its the opponent, not the Promotor's fighter ?
Then perhaps that promotor should be banned from putting on shows until they sort out paying there fighters.
twenty six
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Re: Suspend promoters who don't pay their boxers on time!

Post by twenty six »

Which then begs the question of whether the BBB of C has got the balls. Answer - No.
leforge
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Re: Suspend promoters who don't pay their boxers on time!

Post by leforge »

twenty six wrote:Which then begs the question of whether the BBB of C has got the balls. Answer - No.
It cant go on for much longer surely.,
twenty six
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Re: Suspend promoters who don't pay their boxers on time!

Post by twenty six »

We can but hope - but in truth, it won't be sorted.
leforge
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Re: Suspend promoters who don't pay their boxers on time!

Post by leforge »

twenty six wrote:We can but hope - but in truth, it won't be sorted.
If the fighters are with the promotor I am sure a few will leave. Feel sorry for the other fighters who are not. Its almost like they need to ask for a depsoit of 50% upfront before they fight!
whiskey
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Re: Suspend promoters who don't pay their boxers on time!

Post by whiskey »

It's like the DFS sale.

DFS Promotions: Fight now, pay later with 0% interest on top.
leforge
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Re: Suspend promoters who don't pay their boxers on time!

Post by leforge »

G0mez wrote:It's like the DFS sale.

DFS Promotions: Fight now, pay later with 0% interest on top.
Not on if I was fighter I would be looking at getting out of the contract with him. If you are the away fighter even worse situation to be in.
Pugilist-specialist
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Re: Suspend promoters who don't pay their boxers on time!

Post by Pugilist-specialist »

What if a promoter went bankrupt owing a fighter money?

Surely the BBBofC would not let the promoter to continue promoting under a different company name?
leforge
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Re: Suspend promoters who don't pay their boxers on time!

Post by leforge »

Pugilist-specialist wrote:What if a promoter went bankrupt owing a fighter money?

Surely the BBBofC would not let the promoter to continue promoting under a different company name?
Think that has happened already.
chrisfinch
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Re: Suspend promoters who don't pay their boxers on time!

Post by chrisfinch »

leforge wrote:
Pugilist-specialist wrote:What if a promoter went bankrupt owing a fighter money?

Surely the BBBofC would not let the promoter to continue promoting under a different company name?
Think that has happened already.
I *think* he was being ironic.
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Re: Suspend promoters who don't pay their boxers on time!

Post by dondada »

MachoMan09 wrote:
Pugilist-specialist wrote:What if a promoter went bankrupt owing a fighter money?

Surely the BBBofC would not let the promoter to continue promoting under a different company name?
If you've got a gripe over that, you need to take it up with your local MP or the DTI. The business laws of this country aren't created and upheld by the British Boxing Board of Control, you know.
Is this one of your wacky jokes? Hard to tell sometimes. On balance, I think it is. :lol:
Counter-puncher
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Re: Suspend promoters who don't pay their boxers on time!

Post by Counter-puncher »

MachoMan09 wrote:
dondada wrote:
MachoMan09 wrote: If you've got a gripe over that, you need to take it up with your local MP or the DTI. The business laws of this country aren't created and upheld by the British Boxing Board of Control, you know.
Is this one of your wacky jokes? Hard to tell sometimes. On balance, I think it is. :lol:
This time it isn't. I'm being serious.
:TU:

i seriously agree. the whole 'open a new Ltd Co' gambit is so far out of the Board's purview as to be a separate galaxy.

when you say 'what if a promoter....debts' you need to be more specific. when a Ltd co is shut down, the debts accrued are the company's, not the director's, and the debts die with the company.

it's shitty but thats the way the law works, and the board can't change that.
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