Saudi Arabia’s Commitment to Boxing
Turki Alalshikh, the head of Saudi Arabia’s boxing initiatives, has sought to clarify recent concerns regarding a potential decrease in the country’s financial commitment to boxing. Since the beginning of 2023, the Gulf nation has made significant investments, which have enabled several highly anticipated matches, including Tyson Fury’s upcoming encounters with Oleksandr Usyk in 2024. Usyk’s first victory over Fury marked a historic achievement, making him the first undisputed heavyweight champion in nearly a quarter of a century.
Addressing Speculations
Despite these accomplishments, rumors have circulated in boxing circles suggesting that Saudi Arabia might scale back its expenditure on the sport. Addressing these speculations, Alalshikh, who also chairs the General Entertainment Authority, firmly stated in an interview with The Ring magazine that claims of a spending slowdown are “100 percent false.” Additionally, he hinted at exciting announcements expected in 2026, emphasizing the ongoing commitment and strategic direction of Saudi investments in boxing.
Recent Events and Achievements
A representative for Alalshikh reiterated his resolve to counter these claims while highlighting recent successful events hosted in Riyadh. Last week, the capital was the site of a major boxing event featuring four world-title bouts, including David Benavidez’s defense of his WBC light-heavyweight title against Anthony Yarde. Other notable fights included Devin Haney’s rise to a three-weight world champion and Jesse “Bam” Rodriguez’s unification fight against Fernando Martinez.
Moreover, Alalshikh has played a pivotal role in organizing crucial rematches, including the bout between Chris Eubank Jr and Conor Benn, which saw Benn achieve victory in their closely watched rematch. This event continued the trend set by their first encounter at Tottenham Hotspur Stadium, which was also backed by the GEA.
Criticism and Future Aspirations
While many boxing enthusiasts celebrate the influx of high-caliber fights, critics have accused Saudi Arabia of engaging in sportswashing to enhance its global image, given concerns over its human rights record. Additionally, the kingdom is slated to host the FIFA World Cup in 2034, further spotlighting its ambitions in international sports.
