Eddie Hearn has revealed that he has had another offer to make Carl Frampton-Scott Quigg turned down by Cyclone Promotions.
As has previously been said ad nauseam, Hearn has had three different purse splits rejected by Frampton and Cyclone – 60/40 to the winner, 50-50, and a flat £1.5million purse.
Cyclone, on the other hand, believe that Frampton, as a legitimate World Champion, unlike Quigg, deserves a guaranteed 60-40 share of the pure at the very least.
However, since their respective victories on July 18th, Hearn has submitted an improved offer which gave Frampton a guaranteed majority split of the purse, but less than 60/40 – and these terms have been rejected.
Detailing the tortuous negotiations to YouTube channel iFilm London TV, a somewhat frustrated Hearn explained that “we have gone back and given them a bigger percentage, but we need them to also move on their percentage.”
“We swallowed some humble pie and we need them to move just a touch, but unfortunately not.”
“I’m desperate for this fight, so is Scott Quigg – that’s why, even after the last performance, we’ve gone back and given more, but we can’t get any given back in return.”
Refusing to offer the 60/40 demanded by Cyclone, the Matchroom head honcho argues that “I know people say ‘why don’t you move?’ but we’ve already moved.”
“There has to be a balance in every deal”
Hearn feels that Cyclone’s reluctance to budge on their demands “is because they don’t want the fight.”
“You’re talking about a couple of percent, it might be £150,000, so don’t tell me you want this fight.”
“You don’t believe you can win the fight.”
“Not Carl Frampton, I believe he does, but the people that make the decisions.”
Hearn feels that accepting his terms is the best possible financial decision for Frampton, although he doesn’t hold out much hope, reasoning that “Mares and Santa Cruz got $1.25million each, that’s £700,000 (or €1.1million).”
“I’ve already offered you (Frampton) double that, and now you’re gonna make more than that, much more, on the split that we’ve offered.”
“But you won’t, out of stubbornness and ego, just move a couple of percent like we did.”