{"id":794355,"date":"2019-03-30T16:08:00","date_gmt":"2019-03-30T22:08:00","guid":{"rendered":"https:\/\/www.summitdaily.com\/news\/russian-makes-16m-offer-to-help-keep-boxing-in-olympics\/"},"modified":"2019-03-30T16:08:00","modified_gmt":"2019-03-30T22:08:00","slug":"russian-makes-16m-offer-to-help-keep-boxing-in-olympics","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/ksmt\/local-news\/russian-makes-16m-offer-to-help-keep-boxing-in-olympics\/","title":{"rendered":"Russian makes $16M offer to help keep boxing in Olympics"},"content":{"rendered":"
International Olympic Committee (IOC) president Thomas Bach, left, from Germany, speaks with International Olympic Committee (IOC) Vice-President Zaiqing Yu, right, from China at the opening of the first day of the executive board meeting of the International Olympic Committee (IOC), in Lausanne, Switzerland on Tuesday.<\/strong>
Laurent Gillieron \/ AP | Keystone<\/figcaption><\/figure>\n

LAUSANNE, Switzerland \u2014 A Russian official has offered to pay the International Boxing Association\u2019s $16 million debt if the International Olympic Committee keeps the sport in the 2020 Tokyo Olympics.<\/p>\n

Umar Kremlev, an AIBA executive committee member, made the offer in a letter to senior IOC officials overseeing an investigation into the embattled Lausanne-based boxing body.<\/p>\n

The Russian boxing federation released extracts Thursday at the same time the International Olympic Committee executive board discussed the ongoing AIBA inquiry. Issues include elected AIBA president Gafur Rakhimov, who American authorities say is an international heroin trafficker.<\/p>\n

\u201cI am ready to close all the debts of AIBA in full, so long as our favorite sport remains in the Olympic program,\u201d Kremlev wrote, according to the statement, which did not specify a source for the money.<\/p>\n

Kremlev has been secretary general of the Russian boxing federation since 2017, according to a biography on the AIBA website. Kremlev previously held a prominent role in the Night Wolves, a Russian motorcycle club with nationalist political views and links to the Kremlin, and has also managed professional Russian boxers Dmitry and Fyodor Chudinov.<\/p>\n

Company registration data lists Kremlev as the former owner of a security company using the Night Wolves brand and a jewelry firm.<\/p>\n

AIBA said Wednesday it has \u201csignificant debts of over $16 million\u201d and needs Olympic revenue from the IOC to survive.<\/p>\n

The IOC declined to give details of the interim report given to board members Thursday.<\/p>\n

A final report should be delivered on May 22 by a three-person panel, chaired by IOC board member Nenad Lalovic, the Serbian president of wrestling\u2019s governing body.<\/p>\n

The boxing body questioned why a decision was not made Thursday , noting it had given the IOC several reports in the past year. They included steps to improve management, finances and improving fight judges.<\/p>\n

\u201cThis further delay has a direct impact on our athletes,\u201d AIBA executive director Tom Virgets of the United States said in a statement, adding \u201cit is a complete disaster for boxers around the world who are being left in limbo without any support or access (to) funding.\u201d<\/p>\n

The IOC board could decide in May to drop boxing from the Tokyo lineup, or plan for men\u2019s and women\u2019s tournaments and qualifying events without AIBA\u2019s involvement. The full IOC membership could vote to derecognize AIBA at their June 24-26 meeting in Lausanne.<\/p>\n

The IOC barred AIBA from contacting Tokyo Olympic officials when it opened the inquiry in November. That followed weeks after AIBA member federations defied IOC warnings by electing Rakhimov at a meeting in Moscow.<\/p>\n

Rakhimov, who has held senior positions with AIBA and the Olympic Council of Asia over the past 20 years, has consistently denied allegations linking him to organized crime in Uzbekistan. The claims helped prevent him from attending the 2000 Sydney Olympics and 2012 London Olympics.<\/p>\n

He is currently on a U.S. Treasury Department sanctions list that bars U.S. citizens and companies from doing business with him. It has created problems for AIBA to use banks in Switzerland.<\/p>\n

Last week, Rakhimov moved to ease IOC concerns by stepping aside from the presidency, although he did not resign. AIBA statutes allow him to return within months.<\/p>\n

In Kremlev\u2019s letter, he asked Lalovic and IOC president Thomas Bach \u201cto support boxing and save AIBA in the Olympic movement.\u201d<\/p>\n

AP Sports Writer James Ellingworth in Moscow contributed to this report.<\/p>\n

via:: Summit Daily<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

International Olympic Committee (IOC) president Thomas Bach, left, from Germany, speaks with International Olympic Committee (IOC) Vice-President Zaiqing Yu, right, from China at the opening of the first day of the executive board meeting of the International Olympic Committee (IOC), in Lausanne, Switzerland on Tuesday.Laurent Gillieron \/ AP | Keystone LAUSANNE, Switzerland \u2014 A Russian […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[99],"tags":[],"class_list":{"0":"post-794355","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-14 05:25:28","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSMT The Mountain","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/ksmt","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts\/794355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/comments?post=794355"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts\/794355\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/media?parent=794355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/categories?post=794355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/tags?post=794355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}