McGuigan' s facing liquidation

SeanBrennan
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Re: McGuigan' s facing liquidation

Post by SeanBrennan »

MasterG wrote: 30 Dec 2023, 15:17
SeanBrennan wrote: 30 Dec 2023, 15:15
MasterG wrote: 30 Dec 2023, 15:13

Back in the day Mr McGuigan was regarded a saint by bringing together people. He was a very respected person and lots of people including myself looked up to the guy and his achievements in boxing. Especially that bad night in Vegas. But I saw a completely different side when I discussed something he said on TV to a remark in the media. I went off the guy after that.
It sounds like you were one of the early people to see beyond the surface re Barry. I am glad you dodged that employment bullet mate.
I've never met Barry in person nor ever seen him at a pro boxing event. I only ever started to correspond when he was going to start a boxers union. Incidentally did it ever flower fruit?
The union? I do not believe it ever did in any material way.
MasterG
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Re: McGuigan' s facing liquidation

Post by MasterG »

SeanBrennan wrote: 30 Dec 2023, 15:25
MasterG wrote: 30 Dec 2023, 15:17
SeanBrennan wrote: 30 Dec 2023, 15:15

It sounds like you were one of the early people to see beyond the surface re Barry. I am glad you dodged that employment bullet mate.
I've never met Barry in person nor ever seen him at a pro boxing event. I only ever started to correspond when he was going to start a boxers union. Incidentally did it ever flower fruit?
The union? I do not believe it ever did in any material way.
In a way that's bad news. I know their isn't a union for boxers and Mr M seemed to have a good point back in the day regarding boxers rights, especially in financial issues but also when exboxers fall on bad times. It caught my imagination and wanted to be a part of something that was going to make a difference, especially when expros fell on bad times and needed help either by monetary means or by medical issues. I really wanted to be a part of the boxers union. After consulting Mr M with my thoughts and how union officials could help he said once the union was set up I was to contact him again and their would be a position for me as a representative.

Anyway as time went by I had moved on with my life and personal family commitments so never explored it further.

I still believe however, boxers should have some sort of union, but saying that there are always solicitors who offer no win no fee. So that eliminated boxers to pay subs, so to speak.
Coco
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Re: McGuigan' s facing liquidation

Post by Coco »

McGuigan wanted to start a union where every boxer had to pay him money to do a job they were already paying their manager to do.

I was boxing when it started off, no one was interested in giving him any money, just another one of his money making scheme.
MasterG
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Re: McGuigan' s facing liquidation

Post by MasterG »

Coco wrote: 30 Dec 2023, 16:18 McGuigan wanted to start a union where every boxer had to pay him money to do a job they were already paying their manager to do.

I was boxing when it started off, no one was interested in giving him any money, just another one of his money making scheme.
Possibly so but I could see the benefits for exboxers who needed help and that was also part of the unions manifesto
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Re: McGuigan' s facing liquidation

Post by coneye »

I've long held the believe the relevent organizations , in THE uK , PROBABLY THE bbbc SHOULD BE PAID all Purses up front and it held in Escrow to pay the fighters , Obviously the big money fighters AJ , Fury ect it would have to change , but then it could probably be part payment or such , but undercard fighrters most definetly .

The more you here about them the more you wonder just how / why any boxer would have anything to do with them
SeanBrennan
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Re: McGuigan' s facing liquidation

Post by SeanBrennan »

MasterG wrote: 30 Dec 2023, 16:10
SeanBrennan wrote: 30 Dec 2023, 15:25
MasterG wrote: 30 Dec 2023, 15:17

I've never met Barry in person nor ever seen him at a pro boxing event. I only ever started to correspond when he was going to start a boxers union. Incidentally did it ever flower fruit?
The union? I do not believe it ever did in any material way.
In a way that's bad news. I know their isn't a union for boxers and Mr M seemed to have a good point back in the day regarding boxers rights, especially in financial issues but also when exboxers fall on bad times. It caught my imagination and wanted to be a part of something that was going to make a difference, especially when expros fell on bad times and needed help either by monetary means or by medical issues. I really wanted to be a part of the boxers union. After consulting Mr M with my thoughts and how union officials could help he said once the union was set up I was to contact him again and their would be a position for me as a representative.

Anyway as time went by I had moved on with my life and personal family commitments so never explored it further.

I still believe however, boxers should have some sort of union, but saying that there are always solicitors who offer no win no fee. So that eliminated boxers to pay subs, so to speak.
Totally understand the rationale. And applaud your ethos for wanting to be a part of it. I am confident in stating however that a sport such as boxing will never ever secure any unionisation or collective bargaining. It is the most individual of sports. Id encourage if I were a boxer, others to ensure insurance is in place, but would be unlikely to pay dues to some arbitrary body masquerading as a trade union. As a former trade union rep, whenever I met a trade union full time rep I was deflated as I realised I was funding a bureaucracy of self interest, usually funding a wally to agree terms worse than I could sort myself.
high tower 1
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Re: McGuigan' s facing liquidation

Post by high tower 1 »

Cask wrote: 29 Dec 2023, 17:57
bogan whisperer wrote: 29 Dec 2023, 17:19 The promotional company and gym set up by Barry McGuigan’s family looks set to be liquidated.

Both Cyclone Promotions and McGuigan’s Gym have filed a public notice indicating that meetings of creditors for both businesses will take place in London next week.

All that legal stuff with Frampton wouldn't have done them much good.
Hasn't done Frampton too much good either tbh, right wee lying rat he is "Oh I only saw Daniel in the lobby before my last fight" aye :OhYes: :OhYes: sure ye did Carl
Frampton is still a legend. TBH if the choice is between legit crook who rips you off or major crook who doesn’t. I know who id choose.
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Re: McGuigan' s facing liquidation

Post by GreenLightning »

MasterG wrote: 30 Dec 2023, 15:13
SeanBrennan wrote: 30 Dec 2023, 15:09
MasterG wrote: 30 Dec 2023, 15:07

When I was in corrosponance with Mr McGuigan I'm sure his company was call Barrandra Promotions.

Many years ago Barry was instrumental in forming a boxers union. I got talking to him over letters as email wasn't out then I don't think when he was trying to set up a union for boxers or maybe it was prior to me having a pc. Anyway through our corrosponance he offered me a position when the union was formed.

Years later I again had corrosponance with Mr McGuigan regarding a comment he made on TV, I don't remember the comment now but it was completely the reverse of a previous statement on the subject. We got into a bit of a argument and saw the other side.

That was that really
thanks for sharing mate, really interesting and much appreciated.

Found this re Barrandra, missus got banned from being a director 25 years ago in relation to it https://www.belfasttelegraph.co.uk/news ... 43755.html
Back in the day Mr McGuigan was regarded a saint by bringing together people. He was a very respected person and lots of people including myself looked up to the guy and his achievements in boxing. Especially that bad night in Vegas. But I saw a completely different side when I discussed something he said on TV to a remark in the media. I went off the guy after that.
To quote the extremely good ultimate boxing encyclopedia (whatever version I have) "The concept of McGuigan as peacemaker was nonsense, but appealing none-the-less. Barney Eastwood marketed him brilliantly as a symbol of peace when the only image the British public would get of Ireland would be British soldiers dead in the streets"

McGuigan was a nice little packet marketed to BRITAIN as stepping beyond the religious divide, when unfortunately it was a nuanced political divide, only people who could buy this were people who knew nothing of the troubles, boxing in Belfast was ALWAYS antisectarian, probably during one time the only public place you could show yourself in a loyalist area and know you're a hundred percent safe, vice versa
GreenLightning
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Re: McGuigan' s facing liquidation

Post by GreenLightning »

high tower 1 wrote: 31 Dec 2023, 20:55
Cask wrote: 29 Dec 2023, 17:57
bogan whisperer wrote: 29 Dec 2023, 17:19 The promotional company and gym set up by Barry McGuigan’s family looks set to be liquidated.

Both Cyclone Promotions and McGuigan’s Gym have filed a public notice indicating that meetings of creditors for both businesses will take place in London next week.

All that legal stuff with Frampton wouldn't have done them much good.
Hasn't done Frampton too much good either tbh, right wee lying rat he is "Oh I only saw Daniel in the lobby before my last fight" aye :OhYes: :OhYes: sure ye did Carl
Frampton is still a legend. TBH if the choice is between legit crook who rips you off or major crook who doesn’t. I know who id choose.

Yeah and youd go to Saudi Arabia if you got paid you ,we get it nobody really has principles when they're paid, you will get on your knees and call a head chopping extremist "his excellency"

I know I wouldn't choose the guy a lot of people end up dead around, and not only then, you have to carry water for him, Framptons asslicking of Kinahan in his book is embarrassing
GreenLightning
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Re: McGuigan' s facing liquidation

Post by GreenLightning »

Don't think I'm frolicking with these people for any amount of cash

GreenLightning
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Re: McGuigan' s facing liquidation

Post by GreenLightning »

I am just a nice quiet fella who refuses to be bullied- Paul Crosby
IRL25
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Re: McGuigan' s facing liquidation

Post by IRL25 »

Coco wrote: 29 Dec 2023, 17:25 I imagine many of the creditors are boxers, has Billiam-Smith been paid?
Chris Billiam Smith is promoted by Boxxer but is trained by Shane McGuigan
John
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Re: McGuigan' s facing liquidation

Post by John »

coneye wrote: 30 Dec 2023, 16:36 I've long held the believe the relevant organizations , in THE uK , PROBABLY THE bbbc SHOULD BE PAID all Purses up front and it held in Escrow to pay the fighters , Obviously the big money fighters AJ , Fury ect it would have to change , but then it could probably be part payment or such , but undercard fighters most definitely .
Would severely hurt small hall shows where lots (most) boxers are on tickets deals and the promoter is relying on the walk up to cover additional costs.
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Re: McGuigan' s facing liquidation

Post by Coco »

IRL25 wrote: 01 Jan 2024, 10:09
Coco wrote: 29 Dec 2023, 17:25 I imagine many of the creditors are boxers, has Billiam-Smith been paid?
Chris Billiam Smith is promoted by Boxxer but is trained by Shane McGuigan
The promoter pays the manager who pays the boxer.
Dunno how it works with CBS, but when the McGuigans are involved it's a bad idea to be paid bottom end.
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Re: McGuigan' s facing liquidation

Post by coneye »

John wrote: 01 Jan 2024, 11:32
coneye wrote: 30 Dec 2023, 16:36 I've long held the believe the relevant organizations , in THE uK , PROBABLY THE bbbc SHOULD BE PAID all Purses up front and it held in Escrow to pay the fighters , Obviously the big money fighters AJ , Fury ect it would have to change , but then it could probably be part payment or such , but undercard fighters most definitely .
Would severely hurt small hall shows where lots (most) boxers are on tickets deals and the promoter is relying on the walk up to cover additional costs.
There is that BUT , if there relying on the money coming in to pay , i would say there not in a financial position to run a show , , its a buisness and you don't go put a new kitchen in for someone only to be told Oh its lovely thank you very much , i'll pay you when save the money up or sell the house ,, although some do excatly that , and these i would put in the same boat has promoters with no money behind them .

Anyway its only a discusion and never likely to happen , the main thing thats mportant is the relevent authorities usually get paid up front . ( thats sarcasm , but true )
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Re: McGuigan' s facing liquidation

Post by John »

But the promoter has already laid out up front for his bond with the BBBofC. You are almost asking for him to finance the show twice over. A lot of small hall promoters are just average lads trying to get fights for their boxers, they don't have massive backing behind them. When I did it I scraped through just covering costs, it was very stressful and hard work.
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Re: McGuigan' s facing liquidation

Post by Coco »

John wrote: 02 Jan 2024, 09:46 But the promoter has already laid out up front for his bond with the BBBofC. You are almost asking for him to finance the show twice over. A lot of small hall promoters are just average lads trying to get fights for their boxers, they don't have massive backing behind them. When I did it I scraped through just covering costs, it was very stressful and hard work.
This
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Re: McGuigan' s facing liquidation

Post by coneye »

Coco wrote: 02 Jan 2024, 10:06
John wrote: 02 Jan 2024, 09:46 But the promoter has already laid out up front for his bond with the BBBofC. You are almost asking for him to finance the show twice over. A lot of small hall promoters are just average lads trying to get fights for their boxers, they don't have massive backing behind them. When I did it I scraped through just covering costs, it was very stressful and hard work.
This
I'm talking about fighters purses , if the promoter does'nt have them BEFORE he promotes , well don't do it , been there many a time where we have had to wait for fighters to give money to promoters , ticket sales be added up , before we got paid , also seen it where fighter has been stooged with promoter claiming he lost money , theres nothing left , funny that he had loaned me a very very expensive camera , to take tourist pictures , and when i refused to give it back he all of a sudden found the money to pay my fighter . Camera according to him was worth about 5 grand , purse owing was 800 dollars , he done his sums and decided he had money after all .

Do agree its hard for small hall promoters , i run a couple of shows myself just to give my boxers some work , it was stressfull and hard work , BUT they did make money i made a profit , and i still consider them buisness ventures , regardless off how stressful , or the reasons why , and has such you do not employ ANYONE if you don't have the money to pay them if it goes wrong .

Bring it back to normal life my son subcontracts of a builder , this builder drags payments out from 21 days to 60 days always claiming he's waiting to be payed for the job ,, i keep telling my son , its bollocks , he;s been going long enough he makes a profit , payment in 14 days max or don't do any more work for this guy , he won't listen and i gaurantee it will end up in tears sooner or later ,

With saying that , you say bbbc takes a bond does that include fighters payment , or just there payment , here in OZ i offered to put money up front with the relevent people for the fighters wages , and they refused stating we don't get involved in money , except there own of course that had to be up front
GreenLightning
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Re: McGuigan' s facing liquidation

Post by GreenLightning »

Even the film he taught Day Lewis , showed that back then boxing was non-sectarian

1303629
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Re: McGuigan' s facing liquidation

Post by 1303629 »

Interesting.
1303629
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Re: McGuigan' s facing liquidation

Post by 1303629 »

1328613 wrote: 29 Dec 2023, 17:22 They are thieves. It’s in black and white. Who in their right mind would work with them?
Interesting.
1303629
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Re: McGuigan' s facing liquidation

Post by 1303629 »

BigDoofus wrote: 30 Dec 2023, 06:37 A hammer blow for purveyors of lingerie.
Explain that.
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Re: McGuigan' s facing liquidation

Post by dookus »

1303629 wrote: 03 Jan 2024, 16:10
BigDoofus wrote: 30 Dec 2023, 06:37 A hammer blow for purveyors of lingerie.
Explain that.
https://m.belfasttelegraph.co.uk/sport/ ... 12489.html
Referring to another Mr Frampton fight in 2016, the featherweight title bout with Mexican Leo Santa Cruz in New York, the barrister questioned expenses incurred on that trip.

Mr Millar said: "They include for example, on July 25, 2016, expenditure at La Perla (an up-market lingerie store). How could that be a fight expense?" to which Mr McGuigan replied: "I don't know".
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Re: McGuigan' s facing liquidation

Post by 1303629 »

Someone bought lingerie.... hanging offence.
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Re: McGuigan' s facing liquidation

Post by bogan whisperer »

I feel sorry for the creditors who could least afford not to get paid and they are usually last on the list and the ones who receive nothing.
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