Glory not paying its bills?

Discussion in 'Muay Thai and Kickboxing' started by RedDawn, Jun 29, 2020.

  1. RedDawn Yellow Belt

    Joined:
    Aug 25, 2003
    Messages:
    232
    Likes Received:
    10
    strebitel86 likes this.
  2. Legendary Ꮥµpǝɹnøʌɐ

    Joined:
    Oct 24, 2010
    Messages:
    6,437
    Likes Received:
    240
    I can't substantiate the claim personally, but kickboxing doesn't have a lot of money in it. There are a few places in the world where its pretty popular, but in terms of the promotions, its a constant revolving door. The promotions come and go.
     
    Broadcast likes this.
  3. Snubnoze707 High Level

    Joined:
    Apr 6, 2009
    Messages:
    19,426
    Likes Received:
    247
    I can't substantiate that either but is it really surprising? What is going on with Glory is what is going on with almost all promotions - a global pandemic. They have zero revenue coming in right now.
     
  4. Broadcast Farang

    Joined:
    Jun 17, 2011
    Messages:
    7,314
    Likes Received:
    98
    Location:
    Woo
    Maybe there has been some delay of payment. Why so surprised? It is not the world of UFC. With Superkombat it also happened. Important is everything was paid in the end. Even the coaches and team members know this.

    It would be better try to fix this BEHIND DOORS.

    Glory is feeding a lot of people. Some Dutchies are not realizing this. In kickboxing everything cannot be "German", it has also happened to the Dutch promotions. Let"s not be hypocrites! K-1 brought this sport to another level, but in fact the funding is much lower than in soccer and American sports.

    That"s why today all the promotions collaborate. Imagine Western Europe pays very well to be even a waiter. Why punch in the head? But this is another discussion.

    In a normal world there is place for respect. But here is kickboxing. There are delays. This is the sport, barely survives. Today even boxing is avoided.
     
    Last edited: Jun 30, 2020
  5. Broadcast Farang

    Joined:
    Jun 17, 2011
    Messages:
    7,314
    Likes Received:
    98
    Location:
    Woo
    I am more worried about the state of Glory. One very known user on the Dutch forum says Glory has 70 million euro debt.
     
  6. RedDawn Yellow Belt

    Joined:
    Aug 25, 2003
    Messages:
    232
    Likes Received:
    10
    It looks like Glory fired Cor Hemmers.
     
  7. Broadcast Farang

    Joined:
    Jun 17, 2011
    Messages:
    7,314
    Likes Received:
    98
    Location:
    Woo
    Really? How?
     
  8. Kanka Black Belt

    Joined:
    Oct 10, 2013
    Messages:
    6,477
    Likes Received:
    114


    Who knows
     
  9. Broadcast Farang

    Joined:
    Jun 17, 2011
    Messages:
    7,314
    Likes Received:
    98
    Location:
    Woo
    Anoop is anyway an expert in fake news. I love when he talks with passion about the sport, but he is hunting "sensational".
     
    Last edited: Jul 4, 2020
  10. Broadcast Farang

    Joined:
    Jun 17, 2011
    Messages:
    7,314
    Likes Received:
    98
    Location:
    Woo
    :)) From what I know this was the official Twitter and the real Cor. https://twitter.com/corhemmers

    Great way to make journalism! Tabloidism. He could work for The Sun or even Glory now.
     
    Last edited: Jul 4, 2020
  11. kimocomplex Silver Belt

    Joined:
    Jan 26, 2005
    Messages:
    10,953
    Likes Received:
    526
    Location:
    Dallas, TX
    they put alot of money advertising Badr vs Rico

    most Americans arent really familiar with Hari though. They should make a play for someone like Anderson Silva, Lyoto Machida maybe even Artem Lobov, that would generate interest imo
     
  12. VinceF Orange Belt

    Joined:
    Oct 16, 2012
    Messages:
    351
    Likes Received:
    0
    Wouldnt be bad for glory. :O
     
  13. Broadcast Farang

    Joined:
    Jun 17, 2011
    Messages:
    7,314
    Likes Received:
    98
    Location:
    Woo
    My former fan Rollermanskunk says Pierre Andurand got rich probably in brokerage because of this coronavirus. Wondering if is true, this would mean Glory has a long way, road now.
     
    Last edited: Jul 4, 2020
  14. RedDawn Yellow Belt

    Joined:
    Aug 25, 2003
    Messages:
    232
    Likes Received:
    10
    According to Dutch journalist Giovanni Tjin Cor Hemmers has indeed been fired by Glory. Remon Daalder as well. The office of Glory in Holland has also been closed.

    Tjin also posted on his instagram a letter of AAG which serves Glory's financial interests. It seems Glory is in trouble.
     
    Last edited: Jul 3, 2020
    Broadcast likes this.
  15. lukeuidswords Black Belt

    Joined:
    Feb 22, 2014
    Messages:
    5,056
    Likes Received:
    219
    Belgaroui posted on instagram indicating that GLORY is over.

    Very sad if true, for everyone that worked there
     
  16. KazDibiase "My style is kneeing people in the face."

    Joined:
    Nov 8, 2015
    Messages:
    6,775
    Likes Received:
    2,219
  17. Broadcast Farang

    Joined:
    Jun 17, 2011
    Messages:
    7,314
    Likes Received:
    98
    Location:
    Woo
    Crazy is they go bankrupt so early!

    Roller talking nonsense on Dutch forum..
     
    Last edited: Jul 3, 2020
  18. SuperLuigi Red Belt

    Joined:
    May 13, 2011
    Messages:
    7,562
    Likes Received:
    49
    Location:
    The Mushroom Kingdom
  19. Kanka Black Belt

    Joined:
    Oct 10, 2013
    Messages:
    6,477
    Likes Received:
    114
    Good analysis by Gabriel Varga.

    Are they really going bankrupt though? Seems to me more like a debt restructuring thing but not sure.

    If they go bankrupt, i hope One signs their best fighters.
     
    Broadcast likes this.
  20. lukeuidswords Black Belt

    Joined:
    Feb 22, 2014
    Messages:
    5,056
    Likes Received:
    219
    they are apparently in recievership which I think is when the company is handed over to a group who sell off its shares/assets to get rid of the debt
     
    SuperLuigi, Broadcast and Kanka like this.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.