Boxing body loses World Cup hosting rights

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Boxing body loses World Cup hosting rights

Apr 29, 2020 09:36 IST

Boxing Federation of India has lost the rights to host the 2021 Men's World Championship after they failed to pay the organising fee to the boxing world body AIBA. The tournament hosting fee of $4 million was delayed and despite reminders, the Indian federation failed to make the payment. As a result, AIBA decided to award the rights to Serbia which will now host the World Championship next year. Apart from being stripped off the hosting rights, Boxing Federation of India will also have to pay a hefty $500,000 fine.

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