India loses internet hosting rights of males’s World Boxing Championships as nationwide federation fails to pay host charge

Worldwide Boxing Affiliation (AIBA) granted the internet hosting rights to Serbia after the Boxing Federation of India did not pay the host charge for 2021 males’s World Boxing Championship.

HIGHLIGHTS

  • India must pay a cancellation penalty of USD 500
  • Serbia has every thing to organise an ideal occasion: AIBA
  • AIBA terminated the settlement signed with India in 2017

India on Tuesday misplaced the internet hosting rights of the 2021 males’s world boxing championship to Serbia after the nationwide federation did not pay the host charge, prompting the Worldwide Boxing Affiliation (AIBA) to terminate the settlement signed in 2017.

“After New Delhi did not fulfill its obligations to pay host charge as talked about within the Host Metropolis Settlement phrases, AIBA has terminated the contract. Subsequently, India must pay a cancellation penalty of USD 500,” the AIBA mentioned in an announcement.

The elite competitors, which might have occurred for the primary time within the nation, will now be held within the Serbian metropolis of Belgrade.

“Serbia has every thing to prepare an ideal occasion for athletes, coaches, officers, and, after all, for our boxing followers,” AIBA Interim President Mohamed Moustahsane said.

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Sandra Z. Connelly

Sandra Z. Connelly

Sandra Z. Connelly leads is leading the DAY TO DAY & WORLD NEWS column. She has mastered the art of writing since her childhood, and with time, this has developed to be an enormous talent. When we hired her, we were definite that her skill sets would benefit our website, and gladly, we were right. Not only she has shown skills in writing, but she has also demonstrated her ability to manage time according to her work schedule.

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