Source: The Sangai Express
Imphal, March 25 2009:
A team from International Boxing Association (AIBA) will be arriving in Delhi in the third week of April to give a presentation on the inaugural World Series Boxing (WSB), to be staged in September 2010. The delegation will be speaking to prospective Indian franchisees to give them a lowdown on what WSB is all about.
Till now, two corporate houses have shown interest in becoming an Indian franchise which will require them to pump in excess of Rs 50 crore per season.
According to the rumour mill, one of the corporates showing interest is Sahara.
The presentation will be given by Ivan Khodabaksh, chief operating officer, WSB and Julian Brand, vice-president, IMG.
At present there are six countries from Asia - China, Thailand, Kazakhstan, Qatar, Korea and India - vying for the four slots available from this continent (four countries per continent will be chosen from the continents of Asia, Europe and America to make it a total of 12 teams).
Indian boxing stars like Vijender Singh, Akhil Kumar and Jitender Kumar are keenly awaiting the World Boxing Championships coming up in Milan from August 29 as the selection and monetary capping of boxers with respect to WSB will be done during this event by AIBA, IMG and the selected franchise cities.
The boxers are likely to be capped from the minimum scale of $30,000 to a maximum of $300,000 per season.