Things are happening big time in boxing at the moment with boxing driving massive change in the world of sport.
Boxing like we have been saying is set to go into a boom time and the below is further proof.
Per Ring Magazine on X according to the New York Times:
“Saudi Arabia is reportedly now close to acquiring up to a 10% stake in DAZN in a deal through Saudi wealth fund Surj Sports Investment which is said to be worth more than $1billion. [According to @NYTimes]”
Ten per cent at for one billion puts their valuation of DAZN approximately at $10 billion.
When you consider DAZN recently acquired the biggest sports network in Foxtel from an entire country and continent, in Australia, it shows a lot about how much DAZN have in terms of media and rights around the world now for live sport.
This is something Saudi Arabia and their government has seen early as the takeover of online really comes about in 2025 in not only professional boxing but worldwide sport.
There are many governments, private companies and countries looking at boxing too at the moment not mentioned in the news yet.
This all translates to more boxing in more places and better fights for fans, ultimately.
