Summary
Frank Warren, a boxing promoter, is thinking about taking legal action against Sela, a Saudi entertainment company, and TKO, an American media company. Warren claims that they went behind his back to create Zuffa Boxing, which he says violated contracts and potentially cost him huge earnings. The companies involved deny the claims, and the situation has stirred up concerns in the boxing world.
Key Facts
- Frank Warren is considering legal action against Sela and TKO over the launch of Zuffa Boxing.
- Warren alleges that the creation of Zuffa Boxing breaches previously signed contracts.
- Warren's company, Queensberry Promotions, claims potential earnings losses of up to $1 billion.
- Sela and TKO deny Warren's claims, saying they are "disappointed" and "reject them in their entirety."
- Letters of intent to take legal action have been sent to Sela and TKO by Warren's team.
- Zuffa Boxing, associated with Dana White, has recently signed notable boxers like Conor Benn.
- The dispute has affected Warren's involvement in Tyson Fury's upcoming fight, which is organized by Sela and Netflix.
- Warren insists the legal matter won't impact his future boxing promotions.
