Groves in £100k dispute with ex-trainer Booth
Who still thinks Booth is gonna be in his corner fight night? ;D
George Groves' preparations for his super-middleweight showdown with Carl Froch have been disrupted by a £100,000 legal dispute with former trainer Adam Booth.
Groves faces WBA and IBF champion Froch in Manchester on November 23 in his first world title fight, but spent Tuesday at a hearing to work out whether or not Booth, who split from the undefeated 25-year-old in September, is due to receive up to £100,000 from the fight.
The trainer, who continues to work with David Haye, informed Groves by text message that their partnership was over, a surprising decision ahead of the biggest fight of the Briton's career to date.
Now the British Boxing Board of Control have been asked to determine whether or not Booth is due manager's fees from the fight, according to the Daily Mail.
Groves is expected to make around £350,000-£450,000 from the fight, depending on the success of pay-per-view sales with Sky Box Office. Should the fight land him £400,000, manager's fees would cost him £100,000.
Despite the proximity to the fight, both sides are understood to have insisted on settling the dispute before Groves steps into the ring with Froch, who is in line for a £1.5million payday.
The Southern Area will forward the findings of their tribunal to the full Council, whose initial outcomes will be discussed at the BBBoC's monthly meeting on November 13.
"There is a possibility that this could go before our appeal stewards after that," General Secretary Robert Smith said.
Read more at George Groves in £100,000 dispute with ex-trainer Adam Booth over fees due from Carl Froch fight | Boxing News | ESPN.co.uk
Re: Groves in £100k dispute with ex-trainer Booth
i hope it is all a big joke and groves always intended to walk in with booth, all just to make froch wobble a bit :)
Re: Groves in £100k dispute with ex-trainer Booth
Looks like there's more chance of Groves headbutting walls or employing special effects makeup experts to get out of the fight than Booth and him ever working together again.
Re: Groves in £100k dispute with ex-trainer Booth
If anyone even remotely believes this they are thick.
There is such amniosity between them that they are still working in the same gym...
If listening to the shit that has come out of that gym over the years has taught us anything its to take it with a pinch of salt.
Booth will be there with his grinch grin thinking hes pulled some master stroke in the mind games department and chuckling that Froch even brought it up;D
Re: Groves in £100k dispute with ex-trainer Booth
well, there goes that fantasy
i enjoyed it for a while
Re: Groves in £100k dispute with ex-trainer Booth
Hold up... People who don't think it's a con are thick?
So on Tuesday Booth and Groves did a training session, then jumped into a motor with their legal teams to go before the Southern Area Council and argue about rights to money. Then they went back to the gym and did some more training?
And Robert Smith of the BBBofC is in on the ruse too? ;D
Re: Groves in £100k dispute with ex-trainer Booth
Quote:
Originally Posted by
Fenster
Hold up... People who don't think it's a con are thick?
So on Tuesday Booth and Groves did a training session, then jumped into a motor with their legal teams to go before the Southern Area Council and argue about rights to money. Then they went back to the gym and did some more training?
And Robert Smith of the BBBofC is in on the ruse too? ;D
You will see, it will all be kiss and make up and Booth will be there on the night.
Its just all bullshit and after being fed tons of it by this lot some still take it all in.
Re: Groves in £100k dispute with ex-trainer Booth
this thread is wierd
ive never seen so many cross wires
im not sure who is the thicko and who isnt
obviously @ross is a thicko, but im not sure if this thread makes him more of a thicko
know what i mean?
Re: Groves in £100k dispute with ex-trainer Booth
;D
It wasn't planes that brought down the twin towers it was controlled demoliton. The Planes were actually holograms. Fact.
Re: Groves in £100k dispute with ex-trainer Booth
Your both fucking thick
Read the article.
Yeah its going in front of the BBOC but only to see if Booth is owed money from this fight. Its just something to make it all look legit to morons. No one is taking anyone to court or suing.
Even if they were still working together they could ask the board to look at how much Booth would be owed.
Ayone who is easily led could possibly believe that this is definitely concrete evidence that they are no longer working together. Even though they are still both working out of the same gym.
Froch needs to concentrate on putting his own work in rather than comcern himself with what little rumours come out of that gym. Booth must have cracked up when Froch bought it up at the initial press conference. I bet Groves had to hold a grin back;)
Re: Groves in £100k dispute with ex-trainer Booth
Quote:
Originally Posted by
Fenster
;D
It wasn't planes that brought down the twin towers it was controlled demoliton. The Planes were actually holograms. Fact.
sexist
Re: Groves in £100k dispute with ex-trainer Booth
;D
Ross, why do you keep saying they're working from the same gym? Booth/Haye's gym is in Vauxhall London. Paddy Fitzpatrick's (Groves alleged current trainer) gym is in Swindon.
So you're saying they've been sneaking Groves into Booth's gym with fake noses, mustaches, wigs and stuff?
Re: Groves in £100k dispute with ex-trainer Booth
are you in on it ross you cunt?
Re: Groves in £100k dispute with ex-trainer Booth
How can a manager take that much from a fighter, that is a disgrace, I know I am tight but if I was fighting they would not get more than 10%. Groves is risking his life in that ring. :mad:
Re: Groves in £100k dispute with ex-trainer Booth
Quote:
Originally Posted by
Fenster
;D
Ross, why do you keep saying they're working from the same gym? Booth/Haye's gym is in Vauxhall London. Paddy Fitzpatrick's (Groves alleged current trainer) gym is in Swindon.
So you're saying they've been sneaking Groves into Booth's gym with fake noses, mustaches, wigs and stuff?
Ok, I might back down and admit I may be wrong then. I honestly thought that Fitzpatrick worked in Hayes gym. This is what my whole point was based on and now my theory has crumbled around me I feel silly.:eek:
I would still be surprised if this wasn't some sort of "mind games".
If it isn't, then maybe groves has seen through Booth as just a cheerleader who can hold pads and wears gothic, drag queen platforms;D hes realised that Boith isnt worth a clear 25% of his purse.
On £250k wouldn't Groves be paying 50% tax?
Re: Groves in £100k dispute with ex-trainer Booth
If he is paying that much in tax, it is even more scandalous that he has to pay that much to Booth.
Re: Groves in £100k dispute with ex-trainer Booth
Quote:
Originally Posted by
Master
How can a manager take that much from a fighter, that is a disgrace, I know I am tight but if I was fighting they would not get more than 10%. Groves is risking his life in that ring. :mad:
And you'd have a shit manager who'd spend all day trying to get you a good hiding. ;D
Re: Groves in £100k dispute with ex-trainer Booth
I would love Booth to be in Groves' corner just for the whole showmanship and dramatic effect of it. Of course I can't see it happenng though. :-\
Re: Groves in £100k dispute with ex-trainer Booth
Quote:
Originally Posted by
Fenster
Quote:
Originally Posted by
Master
How can a manager take that much from a fighter, that is a disgrace, I know I am tight but if I was fighting they would not get more than 10%. Groves is risking his life in that ring. :mad:
And you'd have a shit manager who'd spend all day trying to get you a good hiding. ;D
I would manage myself and take the 10% cut. :)
Re: Groves in £100k dispute with ex-trainer Booth
Managers have always made money because they are dealing with people who aren't that bright.
No one is putting a gun to these fighters heads and if they are too simple to go to some advisor to see what their best option is then unless we are going to take time out of our lives to point out where they are going wrong then a good manager is worth their weight in gold to that fighter.
Some fighters have a little bit upstairs and resent the money they are fighting for going in to someone else's pocket. Look at Floyd Mayweather, he's turned himself in to the biggest name in boxing by picking his favoured opponents. I don't think there is anyone out there that can beat him but he could have had a harder time and probably shortened his career.
If a fighters purse is say 1 million they will probably, after all expenses and taxes take home a quarter of that and that is the figure they need in the back of their mind when spending or "investing".
Re: Groves in £100k dispute with ex-trainer Booth
Taking the money off the top is scummy. Groves gets 400k and Booth immediately takes 25%. Then Groves pays 10% to his trainer, training expenses and half the rest in tax. He ends up with 125k. Booth makes almost as much as Groves for doing a job you could pay a lawyer five or ten thousand quid to do.
Re: Groves in £100k dispute with ex-trainer Booth
Quote:
Originally Posted by
Kirkland Laing
Taking the money off the top is scummy. Groves gets 400k and Booth immediately takes 25%. Then Groves pays 10% to his trainer, training expenses and half the rest in tax. He ends up with 125k. Booth makes almost as much as Groves for doing a job you could pay a lawyer five or ten thousand quid to do.
And for that reason alone he needs to tell Booth to go forth and multiply.
