Boxing: Frank Warren in Potential Legal Dispute with Sela and TKO over Zuffa Boxing
Frank Warren claims contract breaches by Sela and TKO forming Zuffa Boxing, potentially costing Queensberry Promotions up to $1 billion in earnings, with legal steps underway.
- This week, veteran promoter Frank Warren confirmed he is considering legal action against Sela and TKO after Queensberry sent `letters before action` to both firms.
- Warren says the dispute stems from Sela and TKO Group Holdings' behind-the-back creation of Zuffa Boxing, breaching contracts despite his fruitful partnership with Turki Alalshikh and Sela in recent years.
- The fight was primarily organised by Sela and Netflix, with limited Queensberry involvement; TKO chief Mark Shapiro said Zuffa Boxing will handle promotion despite Fury signing with Queensberry since 2018.
- Queensberry says the dispute could cost it as much as $1bn , while Sela said it was `disappointed` and `reject them in their entirety`.
- The Dana White-fronted Zuffa Boxing venture places major industry players at the centre, with Sela as a Saudi state-owned entertainment company and TKO Group Holdings owning the UFC and WWE.
21 Articles
21 Articles
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