I'm beginning to get a little concerned about BoxNation / Frank Warren Promotions.
On the 28th November 2011, 3 days before BoxNation launched as a subscription channel, the following was posted on Boxrec:
"A winding up petition against Frank Warren Promotions was dismissed at London's Royal Courts of Justice this morning.
The action was launched by Her Majesty's Revenue and Customs. It is the second time this year that HMRC has issued a winding up order against the company - the first was also dismissed.
BoxRec News understands that FWP has lodged an appeal with the First–tier Tribunal (Tax).
The First-tier Tribunal hears appeals against decisions relating to tax made by HMRC."
2 days ago the Liverpool card featuring James DeGale was cancelled, without any official statement as to why from BoxNation or Frank Warren Promotions.
Today I tried to visit the Frank Warren website,
http://www.frankwarren.tv/ , for an update but it no longer appears to be in operation!
So is this all a coincidence, or is the future of BoxNation and Frank Warren promotions on a shaky nail?
Everyone knows the internet is full of rumors and opinions, but there is plenty of truth out there too. I've been reading that BoxNation have been operating at a loss, and this Fridays event in Liverpool just simply wasn't selling. Has the cash run out for Frank Warren? Has the launch of BoxNation, on a subscription basis been a last hurrah to secure some funds?
The truth will come out soon. I hope it's all lies, misinterpretation and gossip.