Monday, September 15, 2025
spot_img

Delhi loses 2021 WBC hosting rights

Date:

Share post:

spot_imgspot_img

New Delhi: New Delhi on Tuesday lost hosting rights for the 2021 men’s boxing World Championships after the Boxing Federation of India (BFI) failed to pay the host fee.
The International Boxing Association (AIBA) said that additionally, the BFI will now have to pay a cancellation fee of $500.
“After New Delhi didn’t fulfill its obligations to pay host fee as mentioned in the Host City Agreement terms, AIBA has terminated the contract. Therefore, India would have to pay a cancellation penalty of 500.000 USD,” said the AIBA in its statement. The tournament has now been awarded to Belgrade, Serbia and AIBA Interim President Mohamed Moustahsane said that it will hold the World Championships after the postponed Tokyo Olympics next year.
“Because of rescheduling of the Olympic 2020, AIBA Executive Committee will discuss with the host country possible dates to adjust. We believe that we will keep the planned timeframe and conduct World Championships in 2021 after the Games if the pandemic situation is under control. As soon as it is fixed, this will help our boxers to plan preparation for next year properly,” said Moustahsane.India was awarded the hosting rights in July 2017. However, it has since run into troubled waters with the AIBA with the latter first saying that it will “re-open the bidding process for the 2021 men’s World boxing championships due to take place in India” in November 2018 after Kosovo boxer Donjeta Sadiku was excluded from the 2018 women’s World boxing championships that was held in the country due to visa issues.
In February 2020, it was reported that the AIBA had sent a legal notice to the BFI for not paying boxers who participated in the 2019 Indian Open and a reminder for the BFI to pay its hosting fees for the 2021 World Championships. (IANS)

spot_imgspot_img

Related articles

Market watch: Fed, FIIs, trade talks in focus

New Delhi, Sep 14: The coming week is expected to be crucial for Indian stock markets as investors...

IT dept: More than 6 crore ITRs filed for AY 2025-26

NEW DELHI, Sep 14: The Income Tax Department has announced that over 6 crore income tax returns (ITRs)...

8 of top-10 firms add Rs 1.69 lakh crore in value

NEW DELHI, Sep 14: The combined market valuation of eight of the top-10 most valued firms jumped by...

UP charts $6 trillion vision by 2047, eyes AI, agri-tech

Lucknow, Sep 14: The Uttar Pradesh government is envisioning and preparing a concrete action plan to realise the...