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FOR PROFESSIONAL INVESTMENT ADVISERS AND HIGH NET WORTH CLIENTS BOXING CLEVER M AGAZINE GOVERNMENT BACKED - GREAT BRITISH INVESTMENTS - EIS - SEIS - BR - SITR - VCT The Financial Planning Annual Conference 2017 25 – 27 September Celtic Manor Resort, Newport, UK BOXING CLEVER: BARRY McGUIGAN STEPS INTO THE FINANCIAL RING The ‘Clones Cyclone’ is behind a new company that aims to train the next generation of boxing superstars Network Earn over Enjoy the with hundreds 13 hours luxurious Celtic of leading of CPD Manor resort professionals Former WBA featherweight world champion and ‘hall only time, an interview about a new company will be of fame’ boxing legend Barry McGuigan is reluctant conducted in a boxing gym to a backdrop of grunts to give away the secret to spotting new talent but he and punches being thrown. is willing to share the benefits of their success with Indeed, the Boxing Advantage Company (BAC), which committed investors. We know you want to remain at the forefront of your profession. is being run as a Seed Advantage EIS fund, is the first That’s why if you invest three days of your time, we’ll provide you with ‘You can just see it,’ says McGuigan, when asked the of its kind. secret to picking out raw talent. ‘85% of the best pros The fund will act as an incubator for new boxing talent, the latest thought leadership across topics such as: are the best amateurs.’ which are selected by McGuigan as being potential stars. And McGuigan, or the ‘Clones Cyclone’, should know. In ü Latest developments in DC ü Cashflow modelling The boxers are then brought into the McGuigan camp 1983 he became European Featherweight Champion where they are trained, mentored and promoted to and DB pension schemes techniques and British Featherweight Champion, and in 1985 become ‘superstars’ of tomorrow. ü Intergenerational financial ü How to work with local and became the WBA World Featherweight Champion, the planning national media Founder and Chief Executive of Cyclone Promotions. McGuigan is planning to sign five boxers to the fund initially and has his first signing in sight - kickboxer- It is at the Cyclone Promotions HQ that GB ü Six steps of financial planning ü Managing clinical negligence turned-boxer Chantelle Cameron. Although she failed Investments meets him to talk about his move into claims: the role of the planner to qualify for the next Olympics, McGuigan believes the investment arena. It’s probably the first, and she is destined for great things. Book your place at cisi.org/fpac17 GB Investment Magazine · September 2017 21 IFP conf 17 letter back.indd 1 14/08/2017 15:02:15 The boxers are paid a sign-on fee, a regular monthly BAC, which is managed by Amersham Investment income, and have the cost of their training, nutrition, Management, is aiming to raise £5 million. Investors doctors, physiotherapy and fight costs covered by are being asked for a minimum investment of the company. In return, the boxers sign over the fees £5,000 and the fund will target a return of £1.20 they receive from sponsorship and advertising for the for every £1 invested, to be delivered after a three first three of their career to the company. This revenue year period. makes up the returns to investors. Investors may also benefit from other opportunities, McGuigan’s company will develop the media presence such as meeting the boxers, watching them train and of the boxers, their brand and fan base, with short and having behind-the-scenes access to them. long-term sponsors already identified, as well as TV link-ups with Channel 5, ITV, Sky Sports, Showtime A Family Affair Sports and CBS in the bag. Cyclone Promotions, which is based at The McGuigan Boxing is a sport which attracts serious money. In Gym in South-West London, is a family organisation. 2015, the Floyd Mayweather versus Manny Pacquiao Shane McGuigan is maybe the best known of fight generated more than $400 million in pay-per- Barry’s sons. Although he is just 28 he has made view revenue alone. his mark on the boxing world and has been On top of this are opportunities for sponsors to awarded Trainer of the Year 2016 by the British pay for advertising on shorts, gowns, training Boxing Board of Control, Saturday Night Boxing, gear, as well as brand endorsement and product The Boxing Writers Association of America, and placement opportunities offered by social media Ring 8 Boxing Awards. sitting alongside more traditional corporate events It was under Shane’s stewardship that Carl Frampton and personal appearances. won his IBF super bantamweight title, making Shane the youngest trainer in history to train a world champion. Shane also trained George Groves in his successful fourth attempt to win a world title, help him become Giving Back WBA super-middleweight world champion. Barry McGuigan and Cyclone Promotions like McGuigan described his son as a ‘remarkable’ trainer to give back to the community and are involved who takes a ‘multi-faceted approach’ to training the in Laureus Sport for Good and is the founder of boxers, taking on the strength and conditioning the BMBA. training as well as the nutrition and tactical aspects The organisation aims to use sport to end of coaching. violence, discrimination and disadvantage, and ‘Only certain guys can get it right,’ says McGuigan, and supports more than 100 sports-based community Shane has certainly proved his credentials. programmes in 35 countries. It works with disadvantaged children to help change their lives. Although Shane won’t be training all the boxers signed to the fund due to time constraints, the McGuigan McGuigan says he has been involved in bringing team will use trusted trainers across the country to boxing to ‘troubled kids’ in London’s East End. help train the boxers. There will also be opportunities Through the charity, McGuigan is hoping to for the signed-up boxers to come to the McGuigan spread his boxing ethos wider. gym for bootcamps and additional training. He is famously known for being a friendly and It isn’t just about the training however, and the rest upfront boxer, and family man who eschewed of McGuigan’s family is working behind the scenes trash-talking at the height of his fame. to benefit their boxing fraternity. Blain and Jake, ‘We have a social conscience and a standard McGuigan’s other sons, are hired as consultants and of beliefs that are acceptable,’ he says. ‘Be are the promoters in charge of building the social nice to people, try your best, and never insult media aspect of the boxers’ careers, something that your opponent.’ is increasingly important - and financially lucrative - in this digital world. ‘[My family] grew up with a PhD in boxing...they grew up with knowledge of the game...and they are all passionate about it,’ says McGuigan. ‘They are a very important part of the circle.’ Next Generation Family is the basis of Cyclone Promotions and the boxers who are brought into the camp are treated as family, one that aims to help one another, and the money raised via BAC will help McGuigan to help more boxers realise their potential. 22 GB Investment Magazine · September 2017 The McGuigan Stable The boxers in the McGuigan stable already hold a string of titles. Carl ‘The Jackal’ Frampton Frampton, 28, who was awarded an MBE in 2015, has lost just one of his 24 fights - 14 of which were knockouts. The Northern Ireland native is a former two- weight world champion, holding the unified WBA (super) and IBF super bantamweight titles between 2014 and 2016, and the WBA (super) featherweight title from 2016 to 2017. Josh ‘The Tartan Tornado’ Taylor Scottish Taylor, 26, turned professional in 2015, competing in the super lightweight category, after an amateur career that included winning gold at the 2014 Commonwealth Games. Rupert Phillips, Director of Operations at Cyclone Since then the former junior taekwando Promotions, says it takes around three years to train a champion has won all of his nine fights, boxer to win a title and the fund will help them achieve with eight ending in a knockout. those goals. Conrad ‘Mr Dynamite’ Cummings ‘Most boxers have a second job...and are struggling,’ As a fellow Northern Irishman, 25-year- he says. ‘They often don’t get the time and funding old Cummings has been described they need unless they are heading to the Olympics. as the next Frampton and his fight This [EIS] can fund them and give them the support record backs up that accolade. they need and we hope we can make them champions.’ The middleweight boxer has fought McGuigan adds that ‘lots of boxers don’t make it 11 bouts, lost one, drawn one and because they haven’t had the funding and support’. racked up five knockouts. ‘There has been huge talent that never made it Josh ‘The Punisher’ Pritchard because of lack of funding and not being associated with the right people,’ he says. Portsmouth born featherweight Pritchard is just 21 but remains undefeated. He believes he is the right person to help those people: He has fought five fights, winning all five - two ‘We are the right people for the job and have had a long of which were knockouts. The first of Pritchard’s time to prove it. We are really good at what we do and fights came on the undercard of stablemate if we get the right talent we can make them superstars.’ Frampton’s fight with Chris Avalos in Belfast. Through the EIS, the boxers do not have to worry about money, they can focus on their training and investors Recent signings have the opportunity to ‘make a financial gain but also Chantelle Cameron to contribute to the next generation of boxing stars’, says McGuigan.