In a first, AIBA announces USD 400,000 prize fund for Asian Boxing Championships : The Tribune India

Lausanne, Could 18

In an unprecedented transfer, the Worldwide Boxing Affiliation (AIBA) on Tuesday introduced a prize fund of USD 400,000 for the upcoming Asian Championships in Dubai, which can even function India’s high pugilists.

  The match, which was initially deliberate in India however shifted to Dubai due to the COVID-19 pandemic, begins on Could 24. It’ll function each the boys’s ladies’s competitions.

“For the boxers who take first place, each women and men, the award is USD 10,000. For the second, the prize cash is USD 5,000 and for each bronze medallists, it’s USD 2,500 USD every,” the world physique introduced in an announcement.

AIBA President Umar Kremlev stated the choice will encourage the boxers to do their finest.

“Boxers ought to obtain a reward for his or her arduous work. Not solely will cash encourage athletes, but additionally make sure the monetary stability of them and their households,” he stated.

“All we do is for the sake of our boxers, they’re our most essential individuals. I want all of the individuals of the Asian Championships to point out their finest within the ring and keep wholesome,” he added.

India’s problem might be spearheaded by six-time world champion M C Mary Kom (51kg) and defending gold-medallist Amit Panghal (52kg) amongst others.

Together with India, Afghanistan, Bahrain, Indonesia, Iran, Iraq, Jordan, Kazakhstan, South Korea, Kuwait, Kyrgyzstan, Laos, Macau, Malaysia, Mongolia, Nepal, Pakistan, Philippines, Qatar, Sri Lanka, Syria, Tajikistan, Thailand, Turkmenistan, United Arab Emirates, Uzbekistan and Yemen are registered to attend the competitors. PTI