ATR Extra: AIBA Presidential Candidate Reveals Deals
12/09/20
(ATR) Suleyman Mikayilov promises forgiveness of a $10 million debt and a new sponsor for the international boxing federation – but only if he is elected president.
Suleyman Mikayilov (Mikayilov)
Mikayilov said that Benkons, a company based in his native Azerbaijan, will waive the $10 million debt that makes it the chief creditor of AIBA.
In addition, Nobel Oil Services, also based in Azerbaijan, has pledged a minimum of 3 million Swiss Francs per year ($3.37 million) for at least two years.
“This sponsorship is conditional,” said Mikayilov, who is also in discussions with more potential sponsors.
Mikayilov is one of now six candidates running for president of the embattled organization, which has been suspended by the IOC. Bienvenido Solano of the Dominican Republic pulled out of the race on Wednesday. The election will take place Saturday during a virtual congress.