GLORY in Financial Trouble?

Dutch journalist Giovanni Tjin is reporting there has been a major shakeup at GLORY Kickboxing, the kickboxing league owned by Singapore-based parent company GLORY Sports International.

According to Tjin, “several reliable sources close to GLORY” have informed him that GLORY Talent Relations boss Cornelius “Cor” Hemmers and fellow matchmaker Remon Daalder have been sacked.

Furthermore, Tjin claims the GLORY Kickboxing Amsterdam office has been closed.

Tjin’s report comes on the heels of recent postings on the Mix Fight NL forum. There were claims made on the forum GLORY has not paid bills, has debts in the millions of euros, and gave away tickets “en masse” to U.S. events because “they had almost no paying visitors.”

After learning of these claims, Kickboxing Z reached out to GLORY Kickboxing for comment but has yet to receive an official response.

We are also attempting to corroborate another claim circulating that GSI is in receivership in Singapore.

GLORY has not held an event since February. In May, former UFC executive Marshall “Ziggy” Zelaznik stepped down as GLORY CEO.

Terrible news, if true, that GLORY is having financial difficulties.

Kickboxing Z will keep you updated on the latest happenings with the GLORY federation.

Source- https://kickboxingz.com/glory-in-financial-trouble?fbclid=IwAR0KufK6Fy1CZCWSmTLEASxVkr7mHC4KzP8rnuK6_ONRN6l6-TiMtGdNa80

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