Who’s shutting up shop next?

Stevieaber
Lightweight
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Joined: 26 Nov 2017, 13:05

Who’s shutting up shop next?

Post by Stevieaber »

With the Kinahan cartels’ assets in Dubai being frozen, who’s going to be going down the plug next?

Probellum
Boxxer
Ifl tv
Any other suggestion
JamesPhilips
Super Bantamweight
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Joined: 19 Mar 2021, 06:43

Re: Who’s shutting up shop next?

Post by JamesPhilips »

Stevieaber wrote: 21 Apr 2022, 11:57 With the Kinahan cartels’ assets in Dubai being frozen, who’s going to be going down the plug next?

Probellum
Boxxer
Ifl tv
Any other suggestion
Why would Boxxer go down? Was it MTK financed?
maverick23
Cruiserweight
Posts: 10375
Joined: 26 Feb 2011, 18:20

Re: Who’s shutting up shop next?

Post by maverick23 »

I can’t see Boxxer (unless I’ve missed something I don’t think there are any links) or IFL having any issues.

Early signs aren’t good with Probellum with them losing broadcast deals and likely having high guarantees for boxers. I’d be surprised if they go bust quickly but I was surprised how quickly MTK folded so who knows.
Coco
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Re: Who’s shutting up shop next?

Post by Coco »

I'm also surprised that the UAE were willing to freeze assets.

Aren't there supposed to be a number of folk with dirty money who thought they had a safe haven there.
handsofstone
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Posts: 23184
Joined: 11 Jan 2011, 17:28

Re: Who’s shutting up shop next?

Post by handsofstone »

I remember Triller were linked with Kinahan but never heard much since, Ruiz/Spong did get panned the day of the sanctions I think though
Wee Tommy
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Heavyweight

Re: Who’s shutting up shop next?

Post by Wee Tommy »

Coco wrote: 21 Apr 2022, 12:50 I'm also surprised that the UAE were willing to freeze assets.

Aren't there supposed to be a number of folk with dirty money who thought they had a safe haven there.
I’d estimate around a million.
Nightmare Roy
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Re: Who’s shutting up shop next?

Post by Nightmare Roy »

Coco wrote: 21 Apr 2022, 12:50 I'm also surprised that the UAE were willing to freeze assets.

Aren't there supposed to be a number of folk with dirty money who thought they had a safe haven there.
Everyone is shite scared of upsetting the US, it's full of dirty money probably more so than London but once Uncle Sam stamps his feet....
Last edited by Nightmare Roy on 21 Apr 2022, 14:04, edited 1 time in total.
Deserter
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Re: Who’s shutting up shop next?

Post by Deserter »

Nightmare Roy wrote: 21 Apr 2022, 14:02
Coco wrote: 21 Apr 2022, 12:50 I'm also surprised that the UAE were willing to freeze assets.

Aren't there supposed to be a number of folk with dirty money who thought they had a safe haven there.
Everyone is shite scared of upsetting the US, it's full of dirty money probably more so than London but once Uncle Sam stamps his feet....
Yep, said this on the other thread as soon as the US authorities held that press conference. Massive game-changer on so many levels. DK's quest to be a player in the world of boxing is having massive repercussions.
margaret thatcher
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Re: Who’s shutting up shop next?

Post by margaret thatcher »

ya, but the wokers still got no evidence against him!
jimmystone
Bantamweight
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Re: Who’s shutting up shop next?

Post by jimmystone »

margaret thatcher wrote: 21 Apr 2022, 14:10 ya, but the wokers still got no evidence against him!
(Not sure if you are joking) Of course they have evidence. He just can't be extradited at the moment. Decent bounty on his head though, he might get lifted for 5 million, definitely needs to keep looking over his shoulder 24/7.
maverick23
Cruiserweight
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Re: Who’s shutting up shop next?

Post by maverick23 »

Has anyone heard anything re: Probellum? As far as I’m aware they’ve got no shows lined up where they’re the headline promoter and no TV deal in the U.K. Is it just a matter of time before they close and free people up?
KiwiRider
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Re: Who’s shutting up shop next?

Post by KiwiRider »

handsofstone wrote: 21 Apr 2022, 12:58 I remember Triller were linked with Kinahan but never heard much since, Ruiz/Spong did get panned the day of the sanctions I think though
Triller were the first name I thought of.
Thing is, they seem to be doing OK with these, for want of a better word, "circus events".
Stevieaber
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Re: Who’s shutting up shop next?

Post by Stevieaber »

Scottish MSP in the paper Sunday (Sunday Mail?) digging into Sam Kynoch.

Kynochs involvement in a recent show in Dundee was also subject of a report in the local paper, the courier, questioning his ties with MTK and whether the show should have been allowed. I can’t rember all the detail and the story has gone behind a pay wall but it appears he’s attracting a bit of heat up North.

Haven’t seen anything coming back from him yet, which is surprising as he’s a lawyer. You’d think that if he felt he was being libelled he’d be right on top of it?
Greg Houston
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Re: Who’s shutting up shop next?

Post by Greg Houston »

From the Kynoch Boxing Scotland Facebook Page:

"Publications in Scotland have recently made reference to "links" between Kynoch Boxing and certain figures / organisations in the boxing world. I wish to clarify matters.

Upon establishing Kynoch Boxing in 2018 I severed ties with MTK Global - the boxing management and promotion business which ceased operations last month. Four years have elapsed and in this time Kynoch Boxing has gone from strength to strength. This has been the result of hard work, acting with integrity and building relationships throughout the boxing world. Any inference that I remain linked to MTK Global or any individuals linked to MTK Global are false.

In October 2021 Kynoch Boxing entered into a multi-year partnership deal with Richard Schaefer's Probellum. Probellum have made it clear that any inference that there is a connection between the management or ownership of Probellum and any of the individuals or businesses sanctioned by the US Treasury is categorically untrue. I am satisfied that this is the case. The opportunity to be one of a select group of partners for a new global powerhouse in the boxing world represents a fantastic opportunity for Kynoch Boxing and our stable of boxers.

False claims which look to undermine years of hard work are hard to stomach - especially in a week where one of our athletes is headlining at the OVO Hydro in a double World Title defence. We are at the forefront of professional boxing in Scotland and look forward to many more years of exciting fight nights and building the careers of our boxers.

Sam Kynoch
Kynoch Boxing"
margaret thatcher
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Re: Who’s shutting up shop next?

Post by margaret thatcher »

good ol @probellum :yay:

Image
GreenLightning
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Joined: 20 Jul 2011, 15:23

Re: Who’s shutting up shop next?

Post by GreenLightning »

From Mental health advocating boxing champions to Islamic theocracies, drug money can get you a lot of powerful friends.... It also gets you some very powerful enemies, especially if you only inherited the actual drug empire and are a bit thick
GreenLightning
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Re: Who’s shutting up shop next?

Post by GreenLightning »

I heard one guy who knows a thing or two saying that at this point Daniel will be lucky to get prison time, more likely he's looking at a Special Forces bullet to the head because some of his money has been linked to Hezbollah
Stevieaber
Lightweight
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Re: Who’s shutting up shop next?

Post by Stevieaber »

Greg Houston wrote: 10 May 2022, 10:03 From the Kynoch Boxing Scotland Facebook Page:

"Publications in Scotland have recently made reference to "links" between Kynoch Boxing and certain figures / organisations in the boxing world. I wish to clarify matters.

Upon establishing Kynoch Boxing in 2018 I severed ties with MTK Global - the boxing management and promotion business which ceased operations last month. Four years have elapsed and in this time Kynoch Boxing has gone from strength to strength. This has been the result of hard work, acting with integrity and building relationships throughout the boxing world. Any inference that I remain linked to MTK Global or any individuals linked to MTK Global are false.

In October 2021 Kynoch Boxing entered into a multi-year partnership deal with Richard Schaefer's Probellum. Probellum have made it clear that any inference that there is a connection between the management or ownership of Probellum and any of the individuals or businesses sanctioned by the US Treasury is categorically untrue. I am satisfied that this is the case. The opportunity to be one of a select group of partners for a new global powerhouse in the boxing world represents a fantastic opportunity for Kynoch Boxing and our stable of boxers.

False claims which look to undermine years of hard work are hard to stomach - especially in a week where one of our athletes is headlining at the OVO Hydro in a double World Title defence. We are at the forefront of professional boxing in Scotland and look forward to many more years of exciting fight nights and building the careers of our boxers.

Sam Kynoch
Kynoch Boxing"
Ah-ha! I was amazed that I hadn’t seen a rebuttal, so thanks for posting this Greg, I was sure some response would be in the pipeline.

The narrative now appears that it just happens to be a partnership between two businesses who are constantly wrongly being linked to MTK. I (and am sure many others) await developments with great anticipation. Choice between Terrible mistake/malicious allegation or criminal conspiracy it is then
Stevieaber
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Re: Who’s shutting up shop next?

Post by Stevieaber »

The Kynoch statement quite noticeably falls short of threatening action for libel though.

Most “un-lawyerly”. Would have thought he’d get stuck in if he was that confident of his position?
Alba
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Re: Who’s shutting up shop next?

Post by Alba »

Stevieaber wrote: 11 May 2022, 06:51 The Kynoch statement quite noticeably falls short of threatening action for libel though.

Most “un-lawyerly”. Would have thought he’d get stuck in if he was that confident of his position?
Wasn't he involved/figure head for MTK Scotland, before he established Kynoch Boxing?
handsofstone
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Re: Who’s shutting up shop next?

Post by handsofstone »

Know a few people who were at the Dundee show and says it's was the biggest shambles they'd ever seen, 3 hours in between fights, ran out of drink etc, was pondering going with guy in work, thank fvk I didn't
jimmystone
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Re: Who’s shutting up shop next?

Post by jimmystone »

Who are these people trying to convince? The people who are going to pull the trigger already know who is linked to who. They will obviously have people working for them who are involved with the Kinahan organisation.
Greg Houston
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Re: Who’s shutting up shop next?

Post by Greg Houston »

handsofstone wrote: 11 May 2022, 08:39 Know a few people who were at the Dundee show and says it's was the biggest shambles they'd ever seen, 3 hours in between fights, ran out of drink etc, was pondering going with guy in work, thank fvk I didn't
There was an issue with the paramedic which only became apparent as the first bout was about to start, so unfortunately they had to send the boxers back. It did take a few hours to get someone else, but they managed to on time to allow the boxing to go ahead. Once it got going the boxing itself was actually quite good and Paul Kean produced a great stoppage win. Jamie Wilson v Stephen Jackson was a good wee scrap too.
Greg Houston
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Re: Who’s shutting up shop next?

Post by Greg Houston »

Alba wrote: 11 May 2022, 08:02
Wasn't he involved/figure head for MTK Scotland, before he established Kynoch Boxing?
He doesn't say he never had anything to do with them. The very start of the statement is about cutting ties with MTK which Sam did.
Glass Joe
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Re: Who’s shutting up shop next?

Post by Glass Joe »

Stevieaber wrote: 21 Apr 2022, 11:57 With the Kinahan cartels’ assets in Dubai being frozen, who’s going to be going down the plug next?

Probellum
Boxxer
Ifl tv
Any other suggestion
Hennessy maybe? i think no channel 5 deal anymore
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