Paulie Malignaggi believes Eddie Hearn and Frank Warren helped create their own competition by embracing Saudi investment in boxing.

He argues that Hearn and Warren understood the risk but accepted the money anyway. Zuffa Boxing has since become another major player with substantial financial backing.

“I think that the entrance of Turki Alalshikh and the promoters Eddie Hearn and Frank Warren that worked with them and then got kicked in their ass afterwards, I think it shows you that there’s a Trojan horse element to that other side trying to walk in,” Malignaggi told Andrew McCart at iFL TV.

“I think eve