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.
AIBA: Caribbean Federations Not Guilty 12/10/20
(ATR) It is not clear if the Disciplinary Commission decision means the federations can vote in elections on Saturday.
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ATR First: Solano Quits AIBA Presidential Race 12/09/20
(ATR) The only candidate from the Americas running for the presidency of the International Boxing Association, the Dominican Bienvenido Solano, has pulled out.
Bienvenido Solano drops out of the race. (ATR)
Solano sent a letter to the AIBA Elections Committee on Tuesday, accessed by Around The Rings, in which he affirms that he has resigned from the electoral process due to extreme manipulation to discredit the honor of my career .
Solano, an honorary vice president of AIBA, was nominated by the Boxing Federation of the Dominican Republic (FEDOBOXA). Several federations believed he could become the first Latin American president of the boxing entity currently suspended by the IOC.