News

Teófimo López accuses Turki Alalshikh of deliberately harming Canelo Alvarez event

Written by Héctor Araque on 23rd October 2024.

Teofimo Lopez

The WBO super lightweight champion, Teófimo López, has pointed to His Excellency Turki Alalshikh as responsible for the conflict between two major sporting events on September 14 in Las Vegas. That night, Canelo Álvarez’s fight against Edgar Berlanga at the T-Mobile Arena coincided with UFC 306 at the Las Vegas Sphere, headlined by Sean O’Malley and Merab Dvalishvili.

López, a close friend of Canelo, stated that the overlapping dates hurt his compatriot. Although Canelo’s event generated $17 million in ticket sales and 650,000 pay-per-view buys, UFC 306 surpassed those figures with $22 million in ticket sales. According to Teófimo López, Alalshikh, a member of the Saudi royal family and leader of the Riyadh Season festival, a UFC sponsor, intentionally scheduled the event on the same date to affect Canelo.

“The Turki guy [Turki Alalshikh], I just think that for someone that wants to… This is why… You got to look at the signs. For someone who wants to make boxing great again… You don’t schedule the same event with the UFC and Canelo Alvarez [on] the same night,” López stated.

The conflict between Canelo and Alalshikh, according to Teófimo López, stems from a previous dispute.

In August, a potential fight between Canelo and Terence Crawford was discussed, but negotiations failed due to Canelo’s high financial demands. López implied that Alalshikh retaliated by choosing the Las Vegas Sphere and using his influence to draw more attention to the UFC event.

“You don’t go back around and dig at it by saying, let’s get to the Sphere because we have the funds,” López stated.

Although UFC 306 was announced in June, a month before Canelo confirmed his fight with Berlanga, López argues that the coincidence was not accidental. While he didn’t claim it was a deliberate plan, he suggested that careful business decisions were made to generate more revenue and overshadow Canelo’s fight.

“As a business standpoint, there’s things that you gotta’ look at and see the pros and cons,” López explained.

Teófimo López concluded that Alalshikh should have avoided scheduling the UFC event on the same night, especially since Canelo typically fights on Mexican Independence Day. For the boxer, the clash of both events was part of a business strategy to favor UFC over boxing.

Boxing Social is now on WhatsApp! Join our channel by clicking here and getting all the latest boxing news direct to your phone.