Frank Maloney in big financial trouble??

JLP
Super Middleweight
Posts: 802
Joined: 07 Nov 2012, 05:42

Re: Frank Maloney in big financial trouble??

Post by JLP »

bripez wrote:
JLP wrote:
LeedsLad wrote:Fast Eddie probably isn't the saviour of boxing, but at least the lads get paid...
The promoter(s) who receive a regular cheque fron BSKYB will obviously find their cashflow far easier to manage than those who were and then, suddenly, weren't.
They need to manage their cashflow, just like any other business.

In fact, they are in a better position than most businesses who sell their product/service on credit terms as the spectators have to pay for their tickets in advance.
I agree. The point I made still stands.
bripez
Heavyweight
Heavyweight
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Re: Frank Maloney in big financial trouble??

Post by bripez »

Did this come as surprise to Frank ?

It was only a few weeks ago he was making offers of half a mill to Tyson Fury live on TV.
Newport Daz
Cruiserweight
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Joined: 31 Aug 2010, 07:26

Re: Frank Maloney in big financial trouble??

Post by Newport Daz »

bripez wrote:Did this come as surprise to Frank ?

It was only a few weeks ago he was making offers of half a mill to Tyson Fury live on TV.
That's a very good point. Where is the money coming from? If Fury is getting £500,000 you'd have thought Price would be getting a similar amount. That's the thick end of a million quid. For a company that's insolvent that's a hell of a wedge to come up with.

Unless it was an offer that was made knowing it wouldn't be taken?? :lol: :lol:
los2
Cruiserweight
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Re: Frank Maloney in big financial trouble??

Post by los2 »

i'm sure steve wood will be along soon to explain......steve?
Finch
Heavyweight
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Re: Frank Maloney in big financial trouble??

Post by Finch »

LeedsLad wrote:It's ridiculous how promoters can get away without paying fighters their money.

Fast Eddie probably isn't the saviour of boxing, but at least the lads get paid, and he doesn't prevent them from taking big, lucrative fights the way that Allegedly does, or goes to ridiculous lengths to keep fighters apart like Mismatch has always done.

The Board really need to find a way to do something about this, if they possibly can.
People have suggested that no promotors = no boxing?

I've suggested before, if there were no promotors (exclude small hall shows), the TV company can surely sort the venue/logistics etc. and they, in essence, promote the fight anyway.

That way the TV, potentially in conjunction with the governing bodies, can ensure competative matches.
jamesmcdonnell
Heavyweight
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Re: Frank Maloney in big financial trouble??

Post by jamesmcdonnell »

Finch wrote:
LeedsLad wrote:It's ridiculous how promoters can get away without paying fighters their money.

Fast Eddie probably isn't the saviour of boxing, but at least the lads get paid, and he doesn't prevent them from taking big, lucrative fights the way that Allegedly does, or goes to ridiculous lengths to keep fighters apart like Mismatch has always done.

The Board really need to find a way to do something about this, if they possibly can.
People have suggested that no promotors = no boxing?

I've suggested before, if there were no promotors (exclude small hall shows), the TV company can surely sort the venue/logistics etc. and they, in essence, promote the fight anyway.

That way the TV, potentially in conjunction with the governing bodies, can ensure competative matches.
And you think the TV companies have the skillset to do that, or would be prepared to gamble the money.

Also, do you really want the TV company also being the promoter? Bloody hell, then we REALLY would be in trouble.

The TV company would just end up protecting their own stars in a way promoters could only dream of.
spudder56
Cruiserweight
Posts: 1568
Joined: 16 Jun 2011, 11:27

Re: Frank Maloney in big financial trouble??

Post by spudder56 »

jamesmcdonnell wrote:
Finch wrote:
LeedsLad wrote:It's ridiculous how promoters can get away without paying fighters their money.

Fast Eddie probably isn't the saviour of boxing, but at least the lads get paid, and he doesn't prevent them from taking big, lucrative fights the way that Allegedly does, or goes to ridiculous lengths to keep fighters apart like Mismatch has always done.

The Board really need to find a way to do something about this, if they possibly can.
People have suggested that no promotors = no boxing?

I've suggested before, if there were no promotors (exclude small hall shows), the TV company can surely sort the venue/logistics etc. and they, in essence, promote the fight anyway.

That way the TV, potentially in conjunction with the governing bodies, can ensure competative matches.
And you think the TV companies have the skillset to do that, or would be prepared to gamble the money.

Also, do you really want the TV company also being the promoter? Bloody hell, then we REALLY would be in trouble.

The TV company would just end up protecting their own stars in a way promoters could only dream of.

X 2
london
Super Middleweight
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Re: Frank Maloney in big financial trouble??

Post by london »

Maloney is a complete failure as a Promoter the only real money he ever made out of boxing was on the coat tails of Lennox Lewis's natural born talent.

I predict David Price will wake up and leave him and Maloney will jack it in leaving a legacy as the most despised person in boxing.
broomy7s
Cruiserweight
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Re: Frank Maloney in big financial trouble??

Post by broomy7s »

Adam1991 wrote:Frank Maloney has now only got 1 champion in David price, he is no longer attached to Brian rose or Jamie mcdonnell

Think he has Jon Lewis Dickinson too mate.

I understand Price's loyality and commend it but can't help think he should've gone to matchroom to stay on sky.
Last edited by broomy7s on 18 Nov 2012, 18:34, edited 1 time in total.
keithmoonhangover
Cruiserweight
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Re: Frank Maloney in big financial trouble??

Post by keithmoonhangover »

london wrote:Maloney is a complete failure as a Promoter the only real money he ever made out of boxing was on the coat tails of Lennox Lewis's natural born talent.

I predict David Price will wake up and leave him and Maloney will jack it in leaving a legacy as the most despised person in boxing.
That is complete BULLSHIT. Maloney guided and promoted Lennox brilliantly. If ever there was a lesson of how to build a heavyweight, Lewis was it.
spudder56
Cruiserweight
Posts: 1568
Joined: 16 Jun 2011, 11:27

Re: Frank Maloney in big financial trouble??

Post by spudder56 »

keithmoonhangover wrote:
london wrote:Maloney is a complete failure as a Promoter the only real money he ever made out of boxing was on the coat tails of Lennox Lewis's natural born talent.

I predict David Price will wake up and leave him and Maloney will jack it in leaving a legacy as the most despised person in boxing.
That is complete BULLSHIT. Maloney guided and promoted Lennox brilliantly. If ever there was a lesson of how to build a heavyweight, Lewis was it.

x2
london
Super Middleweight
Posts: 198
Joined: 24 Oct 2012, 07:16

Re: Frank Maloney in big financial trouble??

Post by london »

keithmoonhangover wrote:
london wrote:Maloney is a complete failure as a Promoter the only real money he ever made out of boxing was on the coat tails of Lennox Lewis's natural born talent.

I predict David Price will wake up and leave him and Maloney will jack it in leaving a legacy as the most despised person in boxing.
That is complete BULLSHIT. Maloney guided and promoted Lennox brilliantly. If ever there was a lesson of how to build a heavyweight, Lewis was it.

If he is so great why hasnt he done it again? It was fornicate all to do with Maloney but down to Lennoxs talent and Roger Levitts money signing him after he won a Gold medal for Canada at the Olympics.

Maloney has traded far too long on Lennoxs ability and has suckered too many fighters into signing with him on the back of it.

Lets not forget how he turned on Lennox when he woke up and dumped him.
Last edited by london on 18 Nov 2012, 19:12, edited 1 time in total.
keithmoonhangover
Cruiserweight
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Re: Frank Maloney in big financial trouble??

Post by keithmoonhangover »

london wrote:
keithmoonhangover wrote:
london wrote:Maloney is a complete failure as a Promoter the only real money he ever made out of boxing was on the coat tails of Lennox Lewis's natural born talent.

I predict David Price will wake up and leave him and Maloney will jack it in leaving a legacy as the most despised person in boxing.
That is complete BULLSHIT. Maloney guided and promoted Lennox brilliantly. If ever there was a lesson of how to build a heavyweight, Lewis was it.

If he is so great he done it again? It was eff all to do with Maloney but down to Lennoxs talent and Roger Levitts money signing him after he won a Gold medal for Canada at the Olympics.

Maloney has traded far too long on Lennoxs ability and has suckered too many fighters into signing with him on the back of it.

Lets not forget how he turned on Lennox when he woke up and dumped him.
He was doing it with Georgi Kandelaki, until he retired and has done a very good job with Price so far.
london
Super Middleweight
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Joined: 24 Oct 2012, 07:16

Re: Frank Maloney in big financial trouble??

Post by london »

Was- Kandelaki ? With respect Georges last fight was at the Corn Exchange Ipswich against a journeyman -very little money.

Is- David Price. David has recently been putting pressure on Maloney and is now making some money but nowhere near in Lennoxs early days league or even Tyson Furys.

By this time next year Maloney will be retired and Price signed with another promoter
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