A civil war has started to brew within amateur boxing's governing body, AIBA, with members resigning their post and leaking alleged financial mismanagement and revealing multi-million dollar debts to numerous companies.
The organization has denied that the organization is going bankrupt and that an audit presented to them at a recent Executive Committee meeting in Russia confirmed the governing body's claims. The controversy stemmed from members of the organization that have tried to leave the AIBA coming forward and talking to the media about the alleged financial troubles with AIBA.
Former world heavyweight champion Tyson Fury has announced he will retire once more after not going through with a very abrupt retirement announcement nearly a year ago. Despite not many taking Fury seriously nowadays whenever he talks, it's hard to imagine Fury will ever come back to the ring due to him still being suspended indefinitely by numerous governing bodies for several failed drug tests.
Boxing in the Barclays Center is set to return this weekend with a stacked card, despite no world titles being on the line. Adrien Broner will face current lightweight world champion Mikey Garcia in a non-title fight at light welterweight. A preview of the fight, and more, is covered in this week's edition of the Fightful Boxing Newslettter.
Fightful Boxing Newsletter (7/27) Table of Contents:
- Alleged AIBA Bankruptcy Troubles (Page 2)
- Tyson Fury retires (again) (Page 3)
- Latest on Mayweather vs. McGregor (Page 4)
- Results from the world of boxing (Page 5)
- Fightful boxing rankings (Page 6-7)
- Other news in boxing (Page 8)
- Fightful’s preview of Adrien Broner vs. Mikey Garcia (Page 9)
- From The Web