Connect with us

UK Boxing

Anthony Joshua has an incredible net worth despite being stripped of his £32 million prize money

Published

on

Despite his spectacular victory over Jake Paul, Anthony Joshua will forfeit almost half of his prize money in the lucrative heavyweight bout. The former world champion knocked out the YouTuber-turned-boxer on Saturday in the sixth round in Miami, leaving his younger rival sprawled on the canvas with a double-broken jaw. The fight, which streamed exclusively on Netflix, saw the pair split an astonishing £140 million.

This meant over £4 million for every minute of rope fighting. However, Joshua will have to give up a significant part of his earnings due to stringent obligations to the US and British tax authorities. He will have to pay 37 percent of his prize money to the IRS because the fight took place on U.S. soil, making the payout subject to the maximum U.S. income tax rate.

Joshua, also known as “AJ”, will also have to cover the difference between what he owes in the UK and the tax already paid in the US, which will result in a £5.5 million hit to HMRC coffers.

In addition, the 36-year-old will have to pay another £1.4 million in National Insurance contributions. In total, this means Joshua will earn £38 million from the fight, with £32 million deducted from his original tax figure.

Still, he maintains that he’s not doing it for the money.

“It’s not even my biggest payday, it’s not about the money,” he said later. “For me, it was more about the opportunity. I had to showcase my skills.”

Even with the high tax rate, Joshua is not cash-strapped.

The Sunday Times Luxurious List estimates his fortune at over £195 million thanks to earnings from previous fights and numerous profitable sponsorship deals with leading brands, as well as a blossoming property empire.

Joshua has 29 wins in his professional career, including notable wins over Wladimir Klitschko and Dillian Whyte. Some of these fights were particularly lucrative – an estimated £200 million was made in just 10 of Joshua’s highest-paid matches.

Notable payouts include £54 million for his rematch with undisputed world heavyweight champion Oleksandr Usyk and £36 million for his second fight against Andy Ruiz Jr in 2019.

Joshua also profits significantly from partnerships with companies such as Under Armour, Lucozade, Jaguar Land Rover and Hugo Boss.

His own company, 258 Group, manages around £75 million of London property. Joshua himself owns a string of luxury properties, including a huge £40 million mansion in his home county of Hertfordshire.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

UK Boxing

Boxing tonight: exact start times, TV channel, live coverage and fight cards

Published

on

Boxing returns with a bang on Saturday night (Photo: Getty)

How to tune into every boxing match today with three huge cards at your disposal

  1. Starting times and place: Chris Billam-Smith will face Ryan Rozicki on Saturday evening at the Bournemouth International Center in Bournemouth, England. The undercard fights will start at 5:00 p.m. and there is no confirmed time for the main card walkouts – the broadcast starts at 7:00 p.m., so the main fight may start around 10:00 p.m.
  2. Josh Padley vs. Aqib Fiaz: Meanwhile, Padley will face Fiaz at the Utilita Arena in Sheffield, with coverage taking place at 7pm. The expected ring walk for the first fight is scheduled for approximately 9:30 p.m.
  3. Aleks Petrovic vs. Chase DeMoor: The action of the hit Misfits vs. Fame Fighting event takes place at the Ostermann Arena in Leverkusen, Germany. The first fights will start at 5:00 p.m., with the main events available around 10:00 p.m.
  4. British TV channel: The Billam-Smith vs Rozicki fight will be broadcast on Sky Sports Main Event, Sky Sports Action and Sky One from 7pm. The event from Sheffield can be accessed on DAZN and the Petrovic vs DeMoor fight will be broadcast on The Sun.
  5. Live broadcast information: Those watching the Billam-Smith vs. Rozicki fight can watch the action on the Sky Go app, available on mobile devices and the web. DAZN subscribers will be the only ones able to access the Padley vs Fiaz match, with the pay-per-view service unavailable. It costs £25.99 for a monthly versatile pass or £119.99 for a one-off annual subscription. The Misfits vs Fame Fighting card is available exclusively through The Sun and can be accessed if you are a member of The Sun Club.
  6. Radio coverage in the UK: Sun Club will broadcast the audio broadcast of the Petrovic vs DeMoor match, with no scheduled radio broadcast of the Padley vs Fiaz match. TalkSPORT will broadcast the Billam-Smith vs Rozicki fight.
  7. How to watch in the US: American fans can watch the Billam-Smith vs. Rozicki main event on Paramount+ from 2 p.m. ET (11 a.m. PT). The Padley vs. Fiaz fight will continue to be available on DAZN for US residents, and The Sun Club will be the only place to watch the Petrovic vs. DeMoor fight.
  8. Billam-Smith vs. Rozicki fight card: Alex Macmillan vs. Tyler Rivers (welterweight), Leon Hughes vs. Mario Vergiev (lithe heavyweight), Harvey Dykes vs. Ivan Dychko (heavyweight), Sam Hickey vs. Todd Tompkins (middleweight), Stephen McKenna vs. Casey Streeter (middleweight), Lee Cutler vs. Aaron Sutton (middleweight), Jack Massey vs. Cheavon Clarke (cruiserweight) and Chris Billam-Smith vs. Ryan Rozicki (cruiserweight).
  9. Padley vs Fiaz fight card: Chris Mulunda vs. TBA (Middleweight), Connor Mitchell vs. TBA (Featherweight), Leo Atang vs. TBA (Heavyweight), Edward Hardy vs. TBA (Featherweight), Adam Maca vs. TBA (Junior Lightweight), Aaron Bowen vs. Troy Coleman (Middleweight), Ibrahim Nadim vs. Ibraheem Sulaimaan (Junior Lightweight) and Josh Padley vs. Aqib Fiaz (Junior Lightweight).
  10. Petrovic vs. DeMoor fight card: FoxTheG vs. Pully Arif (preliminary), Ty Mitchell vs. Aro Schwartz, Oliver Ginkel vs. Norbert Ruzicka, Filip Pavlovic vs. Luis Alcaraz Pineda, Ediz Tasci vs. Nathan Barnatt, Tommy Pedroni vs. Fes Batista, Slim vs. Can Kaplan, Tobias Pietrek vs. Josh Brueckner, FaZe Temperrr vs. MckyTV and Chase DeMoor vs. Aleks Petrovic.
  11. READ THE LATEST BOXING NEWS: Oleksandr Usyk agrees to fight again after avoiding shock defeat to Rico Verhoeven

Continue Reading

UK Boxing

“Career End” – Johnny Nelson predicts Joshua vs Verhoeven

Published

on

Rico Verhoeven was ahead on the scoreboard in the match against Oleksandr Usyk. Photo credit: Mark Robinson/Matchroom Boxing

Johnny Nelson MBE has commented on a potential clash between Rico Verhoeven and Anthony Joshua.

Nelson reflected on Verhoeven’s recent performance and the traits he saw that could cause problems for Joshua.

“AJ” and the kickboxing icon were scheduled to fight earlier this year as it looked like Verhoeven would have his first boxing fight in over 14 years.

Initial plans were scrapped after Joshua became involved in wa terrible accident in Nigeria just 10 days after beating Jake Paul.

Nelson talked to Daily mail box about how he thought the contest might have gone.

“I think he took a good turn. I think he took a turn that could have ended his career.

“Because Rico was powerful and substantial, there were shots that missed Usyk’s chin.”

Instead, the “King of Kickboxing” faced two-time undisputed heavyweight world champion Oleksandr Usyk.

Rico Verhoeven was ahead on the scoreboard in the match against Oleksandr Usyk. Photo credit: Mark Robinson/Matchroom Boxing

He entered the field as a much weaker player and many expected the Ukrainian to win his 25th career victory.

Verhoeven pushed the defending champion for 11 rounds, with one of the judges’ scorecards favoring him before the fight was stopped.

After Usyk released him, referee Mark Lyson stepped in and stopped the fight, even though Verhoeven wanted to continue.

Usyk defeated Verhoeven in the 11th round Photo: Mark Robinson Matchroom Boxing
Usyk defeated Verhoeven in the 11th round Photo: Mark Robinson Matchroom Boxing

“Remember, Rico is used to being kicked in the head by bigger men, so ‘AJ’ has strength and accuracy.

“If he doesn’t get rid of him first and Rico keeps holding him and twisting and using that physicality on him…

“You know what, it shouldn’t be like this, but now we know what he means. If it was “AJ”, Rico would have his number.”

Joshua and Prenga face-to-face ahead of July clash Photo: Mark Robinson Matchroom Boxing
Joshua and Prenga face-to-face ahead of July clash Photo: Mark Robinson Matchroom Boxing

After the defeat, he spoke to Verhoeven Sun boxing and revealed his disappointment at the end of the competition.

“It’s a mistake. This is a championship fight!

“They would never stop this fight [if Usyk was hurt in the 11th round]. Never! They would let him go down and keep his hands up for the rest of the round.

“That’s the only thing I’m looking for. Just say, ‘Yes, you’re right.’

“If it had been the other way around or with any other boxer, we would have done it differently.

Peter Fury claims he spoke to referee Mark Lyson after Oleksandr Usyk's controversial win over Rico Verhoeven Photo: Mark Robinson Matchroom Boxing
Peter Fury claims he spoke to referee Mark Lyson after Oleksandr Usyk’s controversial win over Rico Verhoeven Photo: Mark Robinson Matchroom Boxing

“It goes both ways.”

A fight between the two seems unlikely in the near future considering Joshua’s return to the ring on July 25.

In Saudi Arabia, he will face Kristian Prenga, wanting to organize the long-awaited fight with Tyson Fury.

The post Career Retirement – ​​Johnny Nelson Predicts Joshua vs. Verhoeven appeared first on ProBoxing-Fans.com.

Continue Reading

UK Boxing

“I’m not interested in belts” – Ryan Rozicki talks about changing Zuffa Boxing

Published

on

Masternak retired in his corner after appearing to sustain a rib injury.Credit: Richard Crease

Ryan Rozicki is set to return to the ring tomorrow when he faces Chris Billam-Smith live from Bournemouth.

The Billam-Smith vs Rozicki fight will be broadcast live on Sky Sports.

Many people know “CBS” as he plans a successful homecoming run, headlining in Bournemouth for the first time since 2023.

He fights out of the Bournemouth International Center once again forced Mateusz Masternak to retire on the stool in the eighth round due to a rib injury.

Chris Billam-Smith was forced to kick demanding against Mateusz Masternak in Bournemouth.
Source: Boxxer

The Briton’s opponent before entering the competition remains relatively unknown, but his achievements tell the story of danger and a man who decided to tear up the script.

Rozicki boxes from Nova Scotia, Canada, and continues to train in his hometown. He spoke to professional boxing fans and revealed the biggest challenge his location poses to his boxing career.

Chris Billam-Smith will face Ryan Rozicki in Bournemouth on Saturday. Photo: Zuffa Boxing
Chris Billam-Smith will face Ryan Rozicki in Bournemouth on Saturday. Photo: Zuffa Boxing

He recently posted a video on social media highlighting one of the more unusual training methods he uses while camping in such a remote location.

See this post on Instagram

Post shared by Bruiser (@ryan_rozicki)

“There are no sparring partners there, no. If I want to spar, I have to travel.”

The Canadian has a devastating knockout rate of over 95%, which he added in his last outing less than three months ago.

The bookmakers' favorite is Chris Billam-Smith, who will beat Ryan Rozicki on Saturday. Photo: Mark Robinson Matchroom Boxing/Andre Kuthy
The bookmakers’ favorite is Chris Billam-Smith, who will beat Ryan Rozicki on Saturday. Photo: Mark Robinson Matchroom Boxing/Andre Kuthy

He stopped Gerardo Mellado in the second round after dropping him twice earlier.

The 31-year-old is currently ranked number one in the WBC cruiserweight rankings.

See this post on Instagram

Post shared by Zuffa Boxing (@zuffaboxing)

‘The Bruiser’ revealed his biggest inspiration growing up and how he emulates Jack Dempsey’s brutal and relentless style.

“Jack Dempsey. Brutal. Constant pressure. Damage.

“I have no interest in participating in a boxing match. I want to hurt my opponent.”

Despite such a high position in the WBC rankings, he surprisingly presented his goals for tomorrow night and the rest of his career.

Give me fights, give me large fights, pay me the most money and I will be there.

“I don’t focus on numbers, rankings, belts, anything.”

Rozicki had already tried to secure a fight with Billam-Smith.

The Canadian was ringside for his 2024 rematch victory over Richard Riakporhe at Selhurst Park and revealed what Ben Shalom told him about the pair’s fight two years ago.

Riakporhe had no answer for Billam-Smith (Photo: Lawrence Lustig, Boxxer)
Riakporhe had no answer for Billam-Smith (Photo: Lawrence Lustig, Boxxer)

“Ben said no one knows who you are and that you hit too demanding.”

While preparing to appear at Dana White’s first ever boxing gala in the UK, Rozicki also shared exactly how he sees the fight ending.

“One of my shots, from any angle, from any hand… he’ll go to sleep.”

The post “I’m not interested in belts” – Ryan Rozicki talks about the Zuffa Boxing switch appeared first on ProBoxing-Fans.com.

Continue Reading
Advertisement

OUR NEWSLETTER

Subscribe Us To Receive Our Latest News Directly In Your Inbox!

We don’t spam! Read our privacy policy for more info.

Trending