The Saudi Arabian boxing scene has transformed from obscurity to prominence, and now, a seismic shift looms. Turki Alalshikh, the driving force behind Saudi Arabia’s sports ventures, is rumored to be orchestrating a $5 billion takeover of major boxing promotion companies. Matchroom Boxing, Queensberry Promotions, Premier Boxing Champions, and Top Rank—all potential targets. The vision? To create a groundbreaking boxing league based in Riyadh, fueled by Saudi wealth and ambition.
Eddie Hearn, head of Matchroom Boxing, doesn’t shy away from the buzz. He acknowledges that His Excellency’s plans are both exciting and ambitious. Alalshikh envisions a world where boxing consistently delivers epic fights, captivating fans worldwide. It’s not just about money; it’s about strategy, opportunity, and the thrill of making history. Hearn’s openness to dialogue reflects a willingness to explore uncharted territories in the sport.
Riyadh’s Boxing Renaissance
Saudi Arabia’s capital, Riyadh, has become a boxing hub. It hosted marquee events, including Anthony Joshua’s bouts and the Tyson Fury vs. Oleksandr Usyk heavyweight unification clash. Now, Alalshikh aims higher—to reshape the sport’s landscape. The reported $5.1 billion price tag won’t deter Saudi backers. For them, it’s about legacy, impact, and rewriting boxing’s narrative.
A New Era Beckons
As the Saudi takeover rumors swirl, the boxing world braces for transformation. If Alalshikh’s vision materializes, we’ll witness a league that transcends borders, elevates fighters, and captivates audiences. It’s not just about dollars; it’s about creating a legacy that echoes through the annals of boxing history. Buckle up—the gloves are off, and Riyadh’s arena awaits.
