Becoming a boxing promoter

[jcarmjn]

I expect many people are going to mock me for this, so be it. I've come into some money recently and have always fancied a crack at becoming a promoter, whatever the level. Is this a pipe dream that should stay a dream or is it achievable?

[handsofstone]

Go for it mate, all the best

[Ruthless-RKO]

If it’s been a dream then go for it.

At least you’ll have have no regrets and can look back and say “I did it”

[si7dog7]

I expect many people are going to mock me for this, so be it. I've come into some money recently and have always fancied a crack at becoming a promoter, whatever the level. Is this a pipe dream that should stay a dream or is it achievable?
[/quote

Simon Jordan is on that plane too apparently. Have a convo with him. Maybe you the next big things.

[leejonesjnr]

How much is a bit of money?

[Loftgroov]

If it's something you've dreamed of doing, and you have the means, then go for it....

Given the way the industry is structured, it's unlikely you'll be particularly successful and make much financially out of it.

But if money isn't your motivation, then who cares... have a crack.

[joshj909]

Making money from it is likely a pipe dream but if money is no issue then go for it. Start small and local to see if you're cut out for it and let it go from there. Even if you only put together one show we would all be jealous.

[jcarmjn]

Thanks guys, not bothered about money in the slightest, just seeing if anyone had any tips

[Coco]

You would need a license first, also for shows you need to prove you have money to pay fighters.

Past that, book a hall, a matchmaker,doctors, gloves and someone to put a ring up and your good to go!

If you have some ticket sellers it will make your life much easier.

Often promoters will only put a fighter on if he sells a certain amount.

Get enough money and you might be able to afford lights, music, programmes and ring girls!

Without ticket sellers you could do a dinner show, selling tickets to businesses, might get sponsorship too, and match local journeyman on bottom money fighting for a win in even contests

[veriton]

Put all your money into signing Okolie and you'll be the main promoter on Sky in no time

[olij999]

Being a promoter is an incredibly hard job. See https://bbbofc.com/build/documents/Rule ... s_2022.pdf for the rules, including what a promoter needs to do, but don't just read that bit. Under Rule 9.3, you would need to put down a bond (used to be 10K, not sure what it is now) as security as a condition of the promoter licence if you are successful in your application. It's rather like when people decide they want to run a hotel or a pub - looks fun from the outside, but is in fact a 24-7 job. But good luck to you if you are serious about it and have your eyes open.

[My T Sharp]

Thanks guys, not bothered about money in the slightest, just seeing if anyone had any tips

Buy a YouTube Premium subscription. You don't want to be trawling through adverts while scouting fighters.

Also you'll need a wedge for the Only Fans fees to view the prospects

[Bercli]

Thanks guys, not bothered about money in the slightest, just seeing if anyone had any tips

1 learn the business. Do not pay a so called 'advisor' that's a sure way to lose money quickly unless they are a true friend and you know them inside out. Maybe shadow a local promoter and work for free.
2 set yourself a limit of what you are prepared to lose and do not go over.
3 be savvy,don't let anyone know what your margins are 80% of people in boxing will have your pants down. Take your time and find who the 20% are. At least you will have half a chance
4/ find another way to invest your money because trust me,a 6 figure sum won't last you 5 minutes

[gp.]

I expect many people are going to mock me for this, so be it. I've come into some money recently and have always fancied a crack at becoming a promoter, whatever the level. Is this a pipe dream that should stay a dream or is it achievable?

If you have inherited enough money to make this feasible, your first step should be to pay some professional people a few thousand pounds for professional advice. Becuase if you have enough money to make this feasible, you won't even notice a few thousand going out.

[gp.]

Making money from it is likely a pipe dream but if money is no issue then go for it. Start small and local to see if you're cut out for it and let it go from there. Even if you only put together one show we would all be jealous.

I would imagine quite a lot of us could put together a boxing show if we were happy to lose money on it. It's a choice we make, not to.

[jonp]

Putting together a small hall show has lots of small pitfalls you wouldnt even imagine until you have tried it. Make sure you have boxers and coaches around you that want to work with you going forward, until you do that don't try to rush as it will fall apart if people just leave you in the lurch.

[joshj909]

Making money from it is likely a pipe dream but if money is no issue then go for it. Start small and local to see if you're cut out for it and let it go from there. Even if you only put together one show we would all be jealous.

I would imagine quite a lot of us could put together a boxing show if we were happy to lose money on it. It's a choice we make, not to.

It's the happy to lose money on it aspect that puts him in a different boat to the rest of us.

[Frostieballs]

I expect many people are going to mock me for this, so be it. I've come into some money recently and have always fancied a crack at becoming a promoter, whatever the level. Is this a pipe dream that should stay a dream or is it achievable?

If you have inherited enough money to make this feasible, your first step should be to pay some professional people a few thousand pounds for professional advice. Becuase if you have enough money to make this feasible, you won't even notice a few thousand going out.

Not sure I agree with this. I can’t think of a single person you could pay for this advice who would be impartial - or not in the sport for themselves at the time.

[Coco]

Promoters run on tight budgets, and will be all to happy to take on someone for free, do some donkey work and you will probably also see how things run.
It will only cost time.

[leejonesjnr]

Its not super simple to get a license, especially without any prior involvement in boxing and more so with no business experience.
The Board will want a bond, it used to be £10k but might have gone up by now, to ensure that the main bills can be paid if you turn out to be an eejit.
Small hall with a couple of ticket sellers is the obvious way to go but having 50/50 fights with both boxers flogging tickets for an area title would generate a good atmosphere and (likely) good contest.
Small hall boxing is likely to lose you money but even if you make a profit it will be modest and something which people either pretend isn't real or just don't know, is that the audience will almost 100% be friends and family of someone on the bill rather than 'boxing fans'

[coneye]

DO NOT , DO NOT and DO NOT , Pander to the bollocks and bullshit you will here from managers and trainers , about my boy is worth the investment , my boy will provide the crowd , my boy needs O's on his record , lets build my boy slow , , There boy will ruin the show , 50 -50 fights or NOTHING , i promoted a couple years ago , biggest problem i had was trainers / managers , begging for there boy to be on but wanting to get an easy win ,, lucky for me i knew every boxer around at the time , including the ameteurs turning over , and quite often , the boxer with the most vocal ardent fans were not really drawing many paying customers , ,
my way around it when a trainer /manager gave me the speal about his lad drawing thousands , and being worth spending the money for his win , was quite simple , in that case how many tickets do you want and get whoever you want you pay them , i'll make on he drinks your boys fans buy , , funny enough they would change there mind then .

Just remember its a managers job to get the easiest fight for the most money for his boxer ,, Its the promoters job to put on the hardest best fights for has little has possible ... 50 -50 fights and you MAY do Ok

[Spud]

Boxing is a sport unfortunately where people sell their granny to be recognised.

It’s something like £10k to put a bond down with the BBBofC that’s just the start of dipping your hand into hopefully deep pockets.

You need a small close team who you can trust. The team should include a very good person who is used to working in event management.

You need a good matchmaker who is ethical and trustworthy and has an eye for detail... Jon Pegg who is excellent and takes no sh*t.

You need boxers who are not only talented but who can sell tickets.

There’s a lot more to consider ... I am more than happy to meet you or chat o. The phone.

Let me know your number in DMs.


Regards

Spud

[nobleart1978]

DON'T DO IT !

[Bercli]

Boxing is a sport unfortunately where people sell their granny to be recognised.

It’s something like £10k to put a bond down with the BBBofC that’s just the start of dipping your hand into hopefully deep pockets.

You need a small close team who you can trust. The team should include a very good person who is used to working in event management.

You need a good matchmaker who is ethical and trustworthy and has an eye for detail... Jon Pegg who is excellent and takes no sh*t.

You need boxers who are not only talented but who can sell tickets.

There’s a lot more to consider ... I am more than happy to meet you or chat o. The phone.

Let me know your number in DMs.


Regards

Spud

You best try and put him off Spud,he will lose his shirt

[spudder56]

My advice to the original poster would be if you think you will make any money whatsoever treat it as a business that’s what boxing forget any ideas that you’re entering a sport boxing is and always has been a business albeit a very desperate dirty business best of luck to you