The owner of Golden Boy Promotions, Oscar De La Hoya, has spoken out about the recent resignation of former friend and company CEO Richard Schaefer’s decision to quit Golden Boy.
Speaking to USA Today De La Hoya said: "Look, he resigned on me several months back. I have a binding contract that runs until 2018. So there’s a little dispute but things can be worked out. I’m not going to keep anyone from making a living, but at the same time, I’m going to protect what I believe is right."
Regarding Schaefer joining Mayweather Promotions Oscar said: "My sole focus is on Golden Boy Promotions and the fans. As long as we can focus on our business, it doesn’t matter what Bob Arum is doing, or Don King is doing, or what Mayweather Promotions is doing. As long as we make the fights that fans want to see, we’re going to be OK.
De La Hoya Added: “My business philosophy is to focus on the work at hand and don’t worry about anyone else. I wish them all the best – whoever wants to make the best fights. Just make sure you put the fans first. That’s the most important thing."
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