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Saudi cash is reviving sport

Bangkok Post

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April 24, 2025

Saudi Arabia's huge investments are restoring boxing to the glamour and profile it had under legendary promoter Don King, according to a senior administrator at one of the main organisations for the sport.

Saudi cash is reviving sport

"The biggest money is paid here and has been for now two years," World Boxing Council President Mauricio Sulaiman said in an interview in Riyadh. "The way things are now, it's like when boxing arrived in Vegas. They are bringing back the Don King Era," Sulaiman said, referring to the man who promoted some of boxing's biggest names, including Muhammad Ali and George Foreman.

Driven by Turki Al-Sheikh, a royal court adviser and chairman of the General Entertainment Authority, Saudi Arabia has poured millions of dollars into hosting fights between some of the biggest names in boxing over the past two years. That includes Tyson Fury's two bouts against Oleksandr Usyk in 2024, which had prize pots of well over US$100 million.

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