London, UK — BOMBSHELL IN BOXING! In a stunning turn of events shaking the fight world, top boxing promoter Eddie Hearn has announced he is severing all professional ties with Turki Alalshikh, the influential Saudi advisor and powerhouse behind some of boxing’s biggest mega-events.

The shocking fallout stems from deep tensions over the highly anticipated Canelo Alvarez vs. Terence Crawford fight, a matchup many fans have dubbed a potential “superfight of the decade.”

Speaking to reporters earlier today, Hearn didn’t mince words:

“I’ve got massive respect for Turki, but we simply can’t see eye to eye on the direction, the terms, and the entire framework surrounding this fight. I’m stepping away. It’s the best move for me and Matchroom.”

Rift Over Canelo vs Crawford

The core of the dispute reportedly revolves around creative control, revenue splits, and the staging location for the blockbuster bout. Turki Alalshikh, known for bankrolling spectacular Saudi fight cards, is said to be pushing hard for the clash to land in Riyadh, while Hearn has insisted on keeping the event in Las Vegas or potentially Mexico to maximize Canelo’s home advantage.

“This fight deserves the right atmosphere and the right deal,” Hearn stressed. “I’m not willing to compromise on certain values just for a bigger check.”

Insiders also suggest tensions flared over broadcast rights and sponsorship deals, with both camps unwilling to give ground.

Impact on Boxing’s Future

Turki Alalshikh, who has swiftly become one of boxing’s most powerful figures, has yet to issue a full statement. However, sources close to the Saudi official say he remains committed to bringing Canelo vs Crawford to Saudi Arabia, with or without Hearn’s involvement.

“Turki’s vision is huge. He wants to make history,” one insider told Boxing News. “But Eddie’s departure complicates things.”

Meanwhile, fans are reeling over the potential implications. Without Hearn in the mix, speculation is swirling that other promoters, including Al Haymon and PBC, could swoop in to broker the mega-deal.

Canelo and Crawford React

Both Canelo Alvarez and Terence Crawford have remained relatively quiet amid the chaos. Canelo’s team released a brief statement:

“We’re focused on the fight. Wherever it happens, Canelo will be ready.”

Crawford, known for his calm demeanor outside the ring, simply tweeted:

“Business is business. I’ll fight anywhere.”

What’s Next?

Despite the split, boxing insiders believe the Canelo vs Crawford fight is too big to collapse entirely. But with Eddie Hearn bowing out, the path forward suddenly looks far less certain—and the timeline for the fight could be significantly delayed.

Social media has erupted with fan speculation and heated debates over whether the sport’s next super fight will survive the backstage drama.

For now, the only certainty is this: boxing’s political chessboard just lost one of its key players.