Wednesday, 6 January 2016

Roy Jones Jr Financial Difficulty : Is Roy Broke? News from Russia and the US.

Roy Jones Jr Owes $4M in Back Taxes. According to Hyrunov

In some horrible news, the news we all knew, it seems as though Roy Jones Jr is having some serious financial difficulties. Russian promoters have been quoted as saying Roy owes as much as $4M US in back taxes. Roy lost heavily in Real Estate and Music businesses which he set up over the years. 

Here is some basic information as to Roy’s current situation:

Russian promoter Hyrunov has reportedly paid off Roy’s entire debt with the US Government. The debt was close to $4 M. From documents I can see this debt has been accumulating for a while. (Documents online can be found from as far back as 2011).

Roy earnt around $500 000 to fight Enzo Macarinelli. It’s hard to believe he actually made money, the purpose of the fight could have been to pay money back. 

Roy lost a majority of his income in failed real estate and music businesses. 

It’s not all doom and gloom for Roy, as a Russian citizen he is extremely popular in that country. He has partnered with several businesses man to open up boxing schools, courses and other businesses which could generate some significant revenue. 

Roy is also paid well as a leading HBO commentator. 

Roy is just another former superstar in a long list of boxers who are going through major financial problems. 

More information on Roy's current financial situation can be found from the below link.

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