The Saudi's are spending a lot of their oil money to diversify their economy because they know the oil will eventually dry up. Based on current known oil reserves and if consumption remains the same we have about 47 years of oil left. So they are throwing money at the problem, it's why Qatar also got the world cup and got the world athletics championships. These oil countries see sporting events as a way to create tourism with the hope people who come first for the sport will return in following years.
The goal isn't to ever make money from boxing it's to change how people view the country and turn it into a tourist hot spot by bringing big events like this to the country and draw in tourists. It's bit like the "Rumble in the Jungle" with Ali Vs Foreman in Africa -Zaire or the "Thriller in Manila" with Ali Vs Frazier and the Philippines. Terrible despotic leaders trying to rehab their image without changing anything other than throwing a few big events. Difference being the Saudi's have deeper pockets than Mobutu Sese Seko and Ferdinand Marcos.
Before the Saudis we had
- Too many fake champion's.
- Too many shitty rematches.
- Too many generations didn't get hooked on it.
- Too many boxing gyms shut down.
- Too many absorbent prices for shitty pay per views.
- Too many networks bailed out.
- Too many times we didn't get the matches we wanted to see
- Too little talent.
And all at a time when it has to compete with MMA.
Last edited by Denilson3.0; 02-20-2025 at 02:28 PM.
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