Froch Groves rematch finances

[JimJim2009]

Some eye-watering figures have come out.

900,000 PPV sales = just over 15 million quid
77,000 tickets sold = 6 million quid
overseas TV rights = half a million quid
sponsorship and merchandising = half a million quid

The total revenues created are just over twenty two million quid

And here is where it went

Froch = eight million quid
Groves = two million quid
Sky TV = 7.5 million quid
Wembley fee = half a million quid
Undercard = half a million quid
Misc costs = 3.8 million quid

Impressive numbers !

[tobyh5]

Where is the Matchroom profit?

[JimJim2009]

Where is the Matchroom profit?

Eddie is Carl's manager and promoter so there is a big slice right there.
I imagine Sky paid Matchroom out of their cut too.
Misc costs come to almost four million quid, that would include overheads.

[leforge]

Some eye-watering figures have come out.

900,000 PPV sales = just over 15 million quid
77,000 tickets sold = 6 million quid
overseas TV rights = half a million quid
sponsorship and merchandising = half a million quid

The total revenues created are just over twenty two million quid

And here is where it went

Froch = eight million quid
Groves = two million quid
Sky TV = 7.5 million quid
Wembley fee = half a million quid
Undercard = half a million quid
Misc costs = 3.8 million quid

Impressive numbers !

This was in mail most of it guess work.

[liamlion]

A (likely speculative) breakdown of the figures:

http://www.espn.co.uk/boxing/sport/story/330143.html

[JimJim2009]

A (likely speculative) breakdown of the figures:

http://www.espn.co.uk/boxing/sport/story/330143.html

Looks like its based on the Daily Mail article that I got the figures from. Eddie writes a weekly column for the Mail, so I'd be surprised if the journalist has completely made up these figures. If the real figures are anything like the ones mentioned here, its just astonishing really.

[mickey1975]

A (likely speculative) breakdown of the figures:

http://www.espn.co.uk/boxing/sport/story/330143.html

Looks like its based on the Daily Mail article that I got the figures from. Eddie writes a weekly column for the Mail, so I'd be surprised if the journalist has completely made up these figures. If the real figures are anything like the ones mentioned here, its just astonishing really.

I'm not surprised. Wembley stadium was almost full and nearly all my pals were watching it on SBO.

[BAP1]

Heard From a good source that Eddie pocketed triple the amount that Groves made

[coneye]

Heard From a good source that Eddie pocketed triple the amount that Groves made

He would off Forked out 10 times more has well .. But its good they all made a good quid , more chance of bigger events happenning in the future

[whiskey]

Groves was offered 25%, turned it down - and then the IBF ruling saw him get just 15%

#Everythingforareason

[sweetscience]

Groves was offered 25%, turned it down - and then the IBF ruling saw him get just 15%

#Everythingforareason

yes but that would have only happened in a purse bids situation ???

I think they did a deal

[mickey1975]

Groves was offered 25%, turned it down - and then the IBF ruling saw him get just 15%

#Everythingforareason

yes but that would have only happened in a purse bids situation ???

I think they did a deal

If the figures on the purses are accurate, he got 20%.

[Parson Cross]

Forget about the percentages argument.
George received an offer he couldn't refuse ..... and it wasn't from the Godfather.

[Parson Cross]

Don't you just love it when "misc costs" are the third highest. Ha !

[Wake up call]

If those figures are correct, which I'm sure they're not, then the show made a 300k loss.

Income: £22m

Expenditure: £22.3m

[Loynesy]

If those figures are correct, which I'm sure they're not, then the show made a 300k loss.

Income: £22m

Expenditure: £22.3m

WUP - basic accounting: they have to balance. One is wrong.

Im far closer to the Vegas fight scene than UK these days, but im led to believe Hearn (E) made an appropriate amount to justify his investment.

[Parson Cross]

Everybody did ok.

[jonny]

So would Howard Fosters fee come out of the Misc costs

[jonny]

So would Howard Fosters fee come out of the Misc costs

Comedy's all about timing. The thread title contains the word "rematch".

And he caused the rematch

[Sklar]

If those figures are correct, which I'm sure they're not, then the show made a 300k loss.

Income: £22m

Expenditure: £22.3m

WUP - basic accounting: they have to balance. One is wrong.

Im far closer to the Vegas fight scene than UK these days, but im led to believe Hearn (E) made an appropriate amount to justify his investment.

What do you mean by WUP in this context? Wind up petition?

[Counter-puncher]

abbreviation for WakeUP?

[ILikeBeer]

Don't you just love it when "misc costs" are the third highest. Ha !

Uncle Eddie hired a limo to get there and back.