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Veteran promoter Frank Warren has confirmed he is considering legal action against Saudi Arabian-owned Sela and American company TKO.<\/b><\/p>\n
Warren has enjoyed a fruitful partnership with Turki Alalshikh and Sela in recent years, but the arrival of the Dana White-fronted Zuffa Boxing, jointly owned by Sela and TKO, has caused tension behind the scenes.<\/p>\n
Sela is a Saudi state-owned entertainment company and TKO Group Holdings is a media giant that owns the UFC and WWE.<\/p>\n
Warren alleges Sela and TKO went behind his back to form Zuffa Boxing, which he claims breaches the contracts he had already signed with the two entities.<\/p>\n
Warren’s Queensberry Promotions, according to the Telegraph,, external<\/span><\/a> allege as much as $1bn (\u00a3739m) could have been lost in potential earnings.<\/p>\n In a statement, Sela said they were “disappointed” by the claims and “reject them in their entirety”.<\/p>\n This week it was revealed that Warren and Queensberry had sent “letters before action” to Sela and TKO raising the issues.<\/p>\n “It’s just a difference of opinion over the contracts that we signed, so that will just take its course,” Warren told BBC Sport.<\/p>\n “I can’t make any comment on it. It is what it is and it will take its course.”<\/p>\n The potential legal action comes after it emerged that Warren has had limited involvement in Tyson Fury’s comeback fight in April on Netflix.<\/p>\n The fight was primarily organised by Sela and Netflix, and TKO chief Mark Shapiro claims Zuffa Boxing will be tasked with the promotional duties around the fight<\/a> instead of Queensberry .<\/p>\n Fury is signed to Queensberry and has been since he resumed his boxing career in 2018.<\/p>\n<\/div>\n