President of the WBC Mauricio Sulaiman is firm in his stance that Turki Alalshikh and Dana White's newly-formed TKO boxing promotion isn't of any concern to him. Last week, HE Turki Alalshikh and TKO Group Holdings, Inc announced that they and entertainment conglomerate Sela entered into a multi-year partnership that would establish a brand-new boxing promotion. TKO is the current parent company of the WWE and UFC.