Former BKFC heavyweight champion Alan Belcher believes he and other fighters have been scamned by the global fighting league.
Following the initial draft in July, GLF was scheduled to make its official debut in May with a stacked two-night event.
However, just weeks after the announcement, GFL confirmed that the back-to-back show was cancelled due to the promotion’s “main investors failed to fulfill his April obligations.”
“I believe we can get through that,” Owen added. “I think we can do that in June. Plus, we don’t foresee the event in California, but we’ll definitely continue to move forward.”
However, not everyone is sure that the promotion will continue to “move forward” and maintain the promises they have already made to the numerous people of the signed fighters.
In a statement on social media, Belcher called GFL a scam, and did not believe there was no evidence that the promotion would receive money or that a single ticket was sold at the announced event.
“The GFL has been cancelled,” Belcher said on Instagram. “First of all, it was really bad for everyone who took the flight. There were a lot of people who supported me. I don’t think the tickets were sold – but some people had already changed plans and had flights to go out to LA to fight me.
“It all seems like a lack of bigger words, a lack of fraud. I don’t know. What is it? There was no evidence of the money that was to be paid to the fighter.
Global Fight League switch to profit sharing models rather than guaranteed fighting wallets
A spreadsheet obtained by Fightoracle on X confirmed that the promotion is about to advance a “non-commercial” event that will give the Fighters a revenue cut rather than a guaranteed wallet.
However, it didn’t take long to decipher revenue sharing as actually a profit share. This means that they had to break the event even before someone else was paid.
“He is projecting $5 million in event revenue to $1.3 million in production from one event,” tweeted Fight Rakul. “The $5 million figure is a low-end projection. High-end $11 million or more. Projection profit is $3.75 million. $300,000 is paid to 30 fighters (15 fights). The main event combines 30% of the $3.75 million profit or $562,500 each.
“He projects media rights $3 million, $800,000 ticket sales, $1 million sponsorship and $250,000 products. These are low-end forecasts. These are completely unacceptable numbers. This is a Fire Festival.”