Klitschko vs. Haye in Doubt Over Money Issues
Despite numerous reports overseas from the British media, and from the camp of David Haye, a fight with WBO/IBF heavyweight champion Wladimir Klitschko for June 20 is far from a done deal and is not even close to being finalized.
Klitschko's manager Bernd Boente spoke in length with boxing writer Dan Rafael, detailing the issues that are preventing a Klitschko-Haye deal from being finalized. Even though Klitschko's trainer, Emanuel Steward, recently said the fight was close to done for the 02 Arena in the UK, Boente said the fight, even the two sides reach a deal, would not happen at 02 because the venue is booked for the proposed date of June 20.
Adam Booth, Haye's manager/trainer and the president of Hayemaker Promotions, brought a deal to the table for the fight to take place at Stamford Bridge on the June 20 date. The date worked for all of the three television deals involved - HBO in the United States, Haye's deal with Setanta Sports in the UK and Klitshko's deal with German network RTL.
Now Haye and his team are pulling out of the deal for Stamford Bridge due to concerns over the economy. The stadium deal that Haye's side presented was a major part of Klitschko's reasoning for settling on Haye over another opponent like Chris Arreola. Because Haye's team backed away from the stadium deal, the negotiations process has to start all over. To top it off, Haye's side is being very difficult with the financial terms. And they want to keep the money from the television rights in the UK while Klitschko’s promotional company, K2, has to take the full financial risk of the event
"We are pretty far away from each other and the fight definitely won't be at the 02 Arena. It is occupied that night. They backed out of the stadium because of the economy and now we have to negotiate everything new," Boente said. "That [stadium] was a huge portion of the deal. Otherwise, Haye is not bringing much to the table."
"We are absolutely willing to do the fight, but we have to start all over again to bring them down from their high horse. Adam is very inexperienced. He may be a good coach, but he's definitely not a good manager. This is a unique chance for Haye and they are being so greedy. If Haye had a name like Lennox Lewis or Evander Holyfield in their best days, we would have additional money from international sales. But that is not the case."
"They said they would just keep all of the English television rights. Why would we do that? If you think you'll keep all the money from English TV, what are you bringing to the table to get so much more than a mandatory challenger? They think they are bringing a superstar to the fight when he's fought [six] rounds in the heavyweight division. Before, it was an interesting deal, but now he would just be a regular challenger. And we were honoring [the contract Haye has] with Setanta when for any other fight we would have negotiated with Sky TV or ITV or maybe put it on pay-per-view [in the U.K.]."
Despite numerous reports overseas from the British media, and from the camp of David Haye, a fight with WBO/IBF heavyweight champion Wladimir Klitschko for June 20 is far from a done deal and is not even close to being finalized.
Klitschko's manager Bernd Boente spoke in length with boxing writer Dan Rafael, detailing the issues that are preventing a Klitschko-Haye deal from being finalized. Even though Klitschko's trainer, Emanuel Steward, recently said the fight was close to done for the 02 Arena in the UK, Boente said the fight, even the two sides reach a deal, would not happen at 02 because the venue is booked for the proposed date of June 20.
Adam Booth, Haye's manager/trainer and the president of Hayemaker Promotions, brought a deal to the table for the fight to take place at Stamford Bridge on the June 20 date. The date worked for all of the three television deals involved - HBO in the United States, Haye's deal with Setanta Sports in the UK and Klitshko's deal with German network RTL.
Now Haye and his team are pulling out of the deal for Stamford Bridge due to concerns over the economy. The stadium deal that Haye's side presented was a major part of Klitschko's reasoning for settling on Haye over another opponent like Chris Arreola. Because Haye's team backed away from the stadium deal, the negotiations process has to start all over. To top it off, Haye's side is being very difficult with the financial terms. And they want to keep the money from the television rights in the UK while Klitschko’s promotional company, K2, has to take the full financial risk of the event
"We are pretty far away from each other and the fight definitely won't be at the 02 Arena. It is occupied that night. They backed out of the stadium because of the economy and now we have to negotiate everything new," Boente said. "That [stadium] was a huge portion of the deal. Otherwise, Haye is not bringing much to the table."
"We are absolutely willing to do the fight, but we have to start all over again to bring them down from their high horse. Adam is very inexperienced. He may be a good coach, but he's definitely not a good manager. This is a unique chance for Haye and they are being so greedy. If Haye had a name like Lennox Lewis or Evander Holyfield in their best days, we would have additional money from international sales. But that is not the case."
"They said they would just keep all of the English television rights. Why would we do that? If you think you'll keep all the money from English TV, what are you bringing to the table to get so much more than a mandatory challenger? They think they are bringing a superstar to the fight when he's fought [six] rounds in the heavyweight division. Before, it was an interesting deal, but now he would just be a regular challenger. And we were honoring [the contract Haye has] with Setanta when for any other fight we would have negotiated with Sky TV or ITV or maybe put it on pay-per-view [in the U.K.]."
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