Ring leader

Oleksandr Usyk (left) lands a punch on Tyson Fury during a heavyweight world championship fight at the Kingdom Arena in Riyadh, Saudi Arabia, on May 19. — AFP

SAUDI Arabia has already launched a hostile takeover of professional golf. It has invested billions of dollars in world football. Now it wants to own professional boxing, too.

An ambitious and expensive Saudi plan that would reshape the economics, structure and future of boxing is in the final stages of approval, according to two people with direct knowledge of the plan.

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