Teofimo Lopez Unfazed by Saudi Boxing Takeover Rumors

Teofimo Lopez Saudi Takeover

Speculation is spreading that Saudi Arabia’s Public Investment Fund (PIF) is planning a major move into boxing, either by creating a new league or buying out existing promoters. This buzz follows a report in the New York Times.

While no official comments have been made, the potential Saudi involvement has intrigued journalists, boxers, and promoters alike, especially given the huge sums involved in events like the Riyadh Season.

Teofimo Lopez, who is set to fight Steve Claggett in Florida on June 29, has heard the rumors about Turki Alalshikh and the potential restructuring of the sport, which Alalshikh recently called “broken.”

“I’ve been hearing a lot of rumors,” said Lopez. “Turki, His Excellency, clearly loves boxing. He’s deeply involved in the combat sports world and now with the UFC, thanks to his collaboration with Dana White. Before I knew him, he was already following me on social media, so I know he has an eye for fighters like me and a vision for the sport’s future. We’ll see where things go after this fight.”

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Lopez didn’t specify if he was referring to the Saudi takeover or his own nickname, “The Takeover.”

“But I’m not going to say I’m eager or money-hungry to head there now. I’m focused on my job as a fighter, world champion, class act, and the people’s champ.”

Lopez also expressed his ambition to be the first boxer to headline at The Sphere in Las Vegas, a venue he’s very excited about.

“I would love to. Dana White and the UFC are talking about it, and they’re investing heavily. It’s a world-renowned venue and something different. I’ve been talking about this, and I’d love to do it. I wish I had the funds like Turki to make it happen, but the ideas are there, and I believe they’ll become reality. I do see myself fighting at Madison Square Garden Sphere.”

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