Frank Warren of Queensberry to sue TKO and Sela for $1 Billion
By Eddie Sanchez
According to a report in The Telegraph, Frank Warren of Queensberry Promotions is preparing a lawsuit concerning their exclusion from the partnership between Saudi Arabia’s Sela and the TKO Group with Zuffa Boxing.
Warren has been an important part of the Saudi Arabian influence in boxing, enabling the inclusion of fighters like Tyson Fury and Hamzah Sheeraz, who have since become Riyadh Season staples.
The Sela-TKO-Zuffa group is incredibly powerful, with General Entertainment Authority chairman Turki Alalshikh, UFC head Dana White, and WWE boss Nick Khan at the forefront. They are backed by a broadcast deal with Paramount+ and have more recently been in talks with Sky Sports in the UK for another.
The proposed $1 billion lawsuit alleges that Sela and TKO both breached contracts they had signed with Warren and that their company was formed without him being involved.
Queensberry claims that, in 2023, they signed an agreement with Sela to provide boxing services for their shows, giving Sela access to how they operate and build shows from the ground up.
They also claim that a contract between them and TKO was signed that gave TKO access to Queensberry’s contract with Sela, and that data related to their agreement was privileged.
The Telegraph reported that “Legal letters have been traded like jabs in the first round of a bout, and unless TKO and Sela throw in the towel, Mr Warren intends to take his case to the High Court”.
A Sela spokesperson told the British national newspaper that they were “disappointed” by the “unfounded claims” and they “reject them in their entirety”.
Reporting from Ring Magazine
It’s important to note that Ring Magazine is effectively owned by Turki Al Sheikh. For the publication, which claims to be independent and fair, to so clearly show bias in this situation is a slap in the face to all boxing fans. It’s also important to note that tickets have not been made public for sale at this point, so the claims that the event has difficulty in the market are false.
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