Turki Alalshikh takes control of Ring Magazine with aim to revive it in 2025

Chairman of the Saudi GEA, Turki Alalshikh, takes another significant step in boxing by acquiring Ring Magazine.

Turki Alalshikh takes control of Ring Magazine with aim to revive it in 2025

Turki Alalshikh acquires 100% stake of the Ring Magazine (Image via X)

Over the years, the boxing community has seen several prominent promoters. Among them, Turki Alalshikh, the chairman of Saudi GEA, is currently making waves in the boxing world. To enhance his influence in the boxing community, Alalshikh has recently made an announcement that could significantly boost the sport’s popularity once again.

In recent months, the Saudi GEA has made remarkable progress in the boxing community. One of their most notable achievements was hosting the Battle of Britain fight night, featuring Anthony Joshua and Daniel Dubois, which set a significant record at Wembley Stadium in London. Following this event, the chairman of the Saudi GEA announced another significant development: the takeover of Ring Magazine.

Earlier this week, I finalized a deal to acquire 100% of The Ring Magazine, and I want to make a few things clear, the print version of the magazine will return immediately after a two year hiatus…

Turki Alalshikh via X (@Turki_alalshikh)

The Ring Magazine was one of the first printed publications dedicated to boxing, first released in 1922. Initially, it covered both boxing and wrestling, but it later became exclusively focused on boxing. Over the years, The Ring Magazine has gained significance by awarding titles to world champions as well as recognizing prospects of the year, among other honors. Notably, prior to Alalshikh, Golden Boy Promotions managed The Ring Magazine.

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Renowned boxing promoter Oscar De La Hoya‘s Golden Boy Promotions acquired Ring Magazine in 2007. Since then, they have been managing operations related to the magazine. With the inclusion of the Saudi GEA and Alalshikh in the boxing community, they view the acquisition of Ring Magazine as a significant step for the future of boxing. As such, De La Hoya himself is confident in this initiative by the Saudi Delegate.

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Turki Alalshikh has developed strong relationships with several prominent figures in the boxing community, including Oscar De La Hoya. Initially, De La Hoya was not pleased with the Saudi delegate’s involvement in a domain he considered his own. However, over time, he became more familiar with Alalshikh’s efforts to enhance the boxing world and grew to appreciate his contributions.

Turki Alalshikh and Oscar De La Hoya together
Turki Alalshikh and Oscar De La Hoya together (Image via Instagram)

Just a few hours after the announcement of the Ring Magazine acquisition by Alalshikh, De La Hoya shared his thoughts on the transfer in an exclusive interview with Forbes. In the interview, the Golden Boy boss expressed confidence in the Saudi delegate. He asserted that Alalshikh would enhance the publication and help make the boxing brand more popular.

The offer from Turki Alalshikh was an offer that I could not refuse. It‘s in great hands. I strongly feel that Turki Alalshikh, because of his love of the sport is going to continue to grow the brand and make sure that the Ring Magazine continues to thrive….

Oscar De La Hoya via Forbes

This is the second major announcement from Alalshikh in recent weeks. Prior to this, he signed undefeated Japanese boxer Naoya Inoue in a significant sponsorship deal. With these developments, the Saudi delegate keeps hinting that something big can be expected in the coming months. It will be interesting to see Alalshikh’s next move in the boxing world.