UFC and WWE owners TKO 'close to Saudi agreement on creation of a new boxing league'
TKO Group Holdings, which owns the UFC and WWE, have announced that they are 'close to an agreement' to form a new boxing league funded by Saudi Arabia. There have been reports for some time that Saudi Arabian investors are interested in forming a league after the huge amount of boxing investment that has taken place in the kingdom. The Middle Eastern country has become the new home of the sport in recent years with a number of huge fights taking place there.
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