Accuse me of being a slow learner if you must but I never really understood Richie Rich Schaefer, Oscar de la Hoya’s trusted CEO of Golden Promotions.
I just didn’t get the former Swiss Banker’s deal, his shtick, his modus operandi.
But, now after a gloomy, humid afternoon inside Gleason’s Gym in the Dumbo section (Down Under Manhattan Bridge Overpass) of Brooklyn, I think I have a handle on this guy.
To Schaefer, who reads the Wall Street Journal more often than he does old Ring Record Books, the reason why Golden Boy will eventually sit atop the boxing promotional pile pretty much by itself is the do-re-mi.
Under Schaefer’s grand scheme, super wealthy private investors (like the Russian oligarch Mikhail Prokhorov who bought the NBA New Jersey Nets who are moving to Barclays Center, Brooklyn, where GBP is not only the preferred fight promoter but the only one) will keep pumping new money into the company until no one ca
