Boxing Federation of India to pay part of outstanding dues by 20 May; AIBA threatens suspension on delay

India lost the hosting rights of the 2021 men's world championship for non-payment of host fee ($400,000), which prompted AIBA to impose a penalty of $500,000 on the national federation.

Press Trust of India May 14, 2020 14:31:26 IST
Boxing Federation of India to pay part of outstanding dues by 20 May; AIBA threatens suspension on delay

Faced with the wrath of the International Boxing Association (AIBA) for non-payment of dues, India's national federation will be shelling out $120,000 by 20 May after being threatened with suspension by the world body.

Boxing Federation of India to pay part of outstanding dues by 20 May AIBA threatens suspension on delay

Representational photo. Image credit: Twitter/@AIBA_Boxing

India lost the hosting rights of the 2021 men's world championship for non-payment of host fee ($400,000), which prompted AIBA to impose a penalty of $500,000 on the national federation.

AIBA also accused the Boxing Federation of India for not paying the full host fee for the 2018 women's world championship in Delhi, putting the amount at $360,000.

"We will be paying installments for three months -- March, April and May --, which amount to $120,000. This will be done by 20 May," a BFI source told PTI.

"We are hopeful of an amicable solution to the entire issue," he added, hoping that the penalty would be waived off after negotiations.

AIBA has set a deadline for the end of this month.

"...we remind you that, according to the AIBA statutes, a National Federation may be suspended if it fails to pay its debt towards AIBA," stated a letter from AIBA, which has been sent to the national body.

AIBA stated that depending on whether India complies with the deadline, it will take up the case of BFI at its ongoing online executive committee meetings.

AIBA Interim President Mohamed Moustahsane had earlier stated that India failed to deliver on payment of the host city fee by the 1 December, 2019 deadline, forcing the world body to award the 2021 event to Serbia.

The BFI, on its part, blamed logistical issues for delay in payment.

Updated Date:

also read

National Boxing Championships: Mohammad Hussamuddin storms into 57kg quarters with 5-0 win
Sports

National Boxing Championships: Mohammad Hussamuddin storms into 57kg quarters with 5-0 win

Defending champion Hussamuddin, who is representing Services Sports Control Board (SSCB), displayed smart and mature boxing and landed plenty of punches to secure a unanimous 5-0 win.

National Boxing Championships: Sanjeet, Thapa, Hussamuddin one win away from entering Worlds
Sports

National Boxing Championships: Sanjeet, Thapa, Hussamuddin one win away from entering Worlds

Gold medal winners from the championships will earn themselves a chance to represent the country at the world championships to be held in Serbia from 24 October to 6 November.

Indian boxer Neeraj Goyat to compete in Amir Khan promoted fight night in Dubai
Sports

Indian boxer Neeraj Goyat to compete in Amir Khan promoted fight night in Dubai

The event is being organised by Super Boxing League (SBL) in association with the World Boxing Council (WBC)