How Brash Boxing Promoter Eddie Hearn Turned Matchroom Sport Into A Multimillion Dollar Company
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- Опубликовано: 10 авг 2023
- Inside the Hilton Syon Park hotel, on another cloudy London day in July, Eddie Hearn has gathered the media for what he bills as boxing’s next big U.K. fight, an August rematch between two-time former heavyweight champion Anthony Joshua and ex-British boxing champ Dillian Whyte. (Days after this story was published in the August/September issue of Forbes magazine, Whyte was replaced by Robert Helenius due to a failed a drug test.) Yet Hearn can’t help thinking ahead. Noticing former heavyweight contender Derek Chisora a few feet away, he crashes a RUclips interview with another fighter, Fabio Wardley. “What about you two?” Hearn jokes, until both unexpectedly express interest and the wheels start turning. It’s no blockbuster match, but there isn’t a limelight too small, or big, for boxing’s perpetual hype machine.
The 44-year-old Hearn loves to put on a show. He’s pushed the boundaries of his family’s event promotion company, Matchroom Sport, to previously unimaginable heights, which Forbes estimates posted fiscal 2023 (ended June 30) revenue of $365 million and a net profit of $60 million. Much of that is thanks to the rejuvenation of its boxing division, which he has steered since 2012 from small-time enterprise to global brand. Boxing now accounts for over half ($235 million) of Matchroom Sport’s estimated annual sales and nearly $20 million of its cash flow. It is the biggest name in U.K. boxing, a nascent yet profitable player in America and an emerging presence in newer markets such as the Middle East.
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Спорт
Everything Simon Jordan wished he was
Best promoter in the planet.
Will be in the billionaires list soon with his old man.💯
Great guy ❤
I like Eddie Hearn 👍🏿
Best promoter in the business globally
You have no clue.
@@James-th7wbwhos better
@@James-th7wbwe are still waiting.
Best sports company in the world
Good to see there is zero due diligence and research done by Forbes for this. Basically PR journalism.
By inheriting it.
The best like him or not
Simon Jordan's going to love this
It's not snucker 😂
Eddie needs to buy boxing, so theirs one major brand. The best need to fight the best, and the undercards or co main events need to be bigger and better and given more attention. This is my favorite sport in the world, I hate to see how jumbled it can be for the common viewer
Eddies the man he could sell sand to the Arabs,🥊🥊
Its funny you should say that....
Simon Jordan needs to see this
Eddie forgot to mention the part where Sky gave him a monopoly and forced all other promoters out
Not really, bt have queensberry so its not a monopoly, and he does mention it in the video, which obviously you haven't watched
@@carlitor4173🤣 these people
What makes you think Matchroom don’t have a say in their negotiations 😂 never been in business have you?
Lol he didn't his dad did , and the profits are not that amazing from 60 million boxing revenue they made 12 million profit the last tax year
Barry is the one who deserves all the credit, started the company and then guided his son to take the Co forward, Which Eddie has done very well and moved the company on big time. As much as he's a snake oil salesman, you gotta give him his dues, much respect
all the credit??
Ok Simon
His dad gave him a multimillion dollar company. The end.
Which Eddie's turn into a billion dollar company and were nowhere near the end 🤷🏻♂️
@@ianmiles4447 no he hasn't. What an odd thing to lie about
Did you even watch the video? Its 30x the size it was now than when he took it over.
@@ianmiles4447it’s nowhere near a billion dollar company, behave. His venture to the US has been a complete and utter failure. He no longer has sell out shows. When AJ retired he has no stars in the UK. The move to DAZN has been great for the balance sheet temporarily but it is no wonder they couldn’t see a stake in the business like they wanted to. Their future revenues from boxing will come nowhere near the last 5 to 7 years. Any investor with a bit sense will be able to see this.
Those green eyes don’t suit you pal
Eddie Hearn has so many haterz
Because he's good at what he does and he's talking all the business off the table. That's why they hate him. 💯
@@mikhelBrowntaking all the business off the table😂 he has completely failed in the US and now his own broadcaster is throwing him under the bus for his lies.
Pleb
He's flopped massively in America, he's been a disaster at Dazn.
Exactly
Envy is one of the seven deadly sins ya know
@@freddiefreeman4119 Living vicariously through another is incredibly pathetic. Eddie doesn't love you back.
@@freddiefreeman4119 It's not envy it's facts. Prove me wrong?
@@James-th7wb Exactly James. 👍
I can’t believe this video hasn’t got more views!! What a inspirational story of big scale business SUCCESS! You gotta give it to him! Eddie Hearn is a WORK HORSE of monumental proportions! 💯💯🫡🫡🫡