{"id":96321,"date":"2025-04-23T00:00:00","date_gmt":"2025-04-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/04\/23\/the-golden-age-of-boxing-is-back-thanks-to-riyadhs-deep-pockets\/"},"modified":"2025-04-23T00:00:00","modified_gmt":"2025-04-23T00:00:00","slug":"the-golden-age-of-boxing-is-back-thanks-to-riyadhs-deep-pockets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/04\/23\/the-golden-age-of-boxing-is-back-thanks-to-riyadhs-deep-pockets\/","title":{"rendered":"The golden age of boxing is back thanks to Riyadh\u2019s deep pockets"},"content":{"rendered":"

Saudi m<\/strong>oney bringing back Boxing\u2019s Vegas heyday era to Riyadh made headlines<\/strong> in the international press<\/strong>, with World Boxing Council President Mauricio Sulaiman telling Bloomberg<\/a> that the Kingdom is driving a new golden age for the sport.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

Sulaiman was attending the Riyadh Season WBC Boxing Grand Prix<\/strong>, which for him was reminiscent of the sport\u2019s glamorous era of Muhammad Ali and George Foreman. The Kingdom has hosted fights between some of the biggest names of the sport in the past two years, including Tyson vs. Oleksander<\/a> last year, with 1.5 mn pay-per-view buys, rivaling the iconic Tyson-Holyfield rematch in 1997 with almost two mn pay-per-view buys.<\/p>\n

Discussions are underway on tournaments, global events, and potentially a boxing<\/strong> museum<\/strong>, Sulaiman added. While still in the early stages, he sees Saudi investment as a potential unifier for the sport\u2019s fragmented landscape. The PIF is partnering with TKO Group Holdings to create a new boxing promoter with plans to host its first event next year, Bloomberg<\/a> reported separately.<\/p>\n

The catch lies in whether the kingdom can keep the funds flowing<\/strong> with budget priorities shifting<\/a>. Despite this, Sulaiman remains bullish. \u201cThe way it looks right now, the answer is yes,\u201d he said.<\/p>\n

Other promoters can\u2019t compete with Saudi-sized purses:<\/strong> Established promoters are under pressure to stay competitive as the Kingdom\u2019s deep pockets push them to boost ticket revenue or secure streaming and partnership agreements to stay afloat, Sulaiman said.<\/p>\n","protected":false},"excerpt":{"rendered":"

World Boxing Council President sees Saudi investment as a potential unifier for the sport\u2019s fragmented landscape<\/p>\n","protected":false},"author":1,"featured_media":96322,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2561],"tags":[2001,10,229,4197],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saudi-in-the-news","tag-boxing","tag-enterpriseam-ksa","tag-saudi-in-the-news","tag-turki-al-sheikh","wpautop","entry"],"acf":{"mongo_id":"bdb83186-cad4-4970-8937-c2f378964355","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/1471.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The golden age of boxing is back thanks to Riyadh\u2019s deep pockets","related_issue":[96301],"teaser":"World Boxing Council President sees Saudi investment as a potential unifier for the sport\u2019s fragmented landscape","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.ad8ba876-a062-45a1-836b-2b1f4958d3f3.mp3"},"yoast_head":"\nThe golden age of boxing is back thanks to Riyadh\u2019s deep pockets - 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