Full article at Fight news, Don King also quoted as saying "He's done with Boxing" Didn't see that coming :admin
"President Sulaiman made an impassioned speech justifying his position to have Klitschko be allowed an optional defense in March, then defend against the Solis-Austin winner by June. Sulaiman felt the financial gain from two heavyweight title fights within ninety days would help ease the long standing WBC financial burden stemming from the $30,000,000 judgment against the WBC won by Graciano Rocchigiani. After that judgment in April 2003, the WBC declared bankruptcy, yet has maintained a six-figure monthly payment to Rocchigiani up until 2009, after which the WBC has been unable to make such payments. After an rejected attempt to settle in Germany with representatives of Rocchigiani, Sulaiman has felt the WBC can only go on with either making the payments out of his own pocket, or solicit help from promoters in clearing the aforementioned debt. After more words amongst involved promoters, Don King, Tom Loeffler and Ahmet Öner, President Sulaiman took the microphone and emotionally abdicated his 35-year presidency to the astonishment of the gathered attendees. He rose from his seat on the dais, declared that he was resigning immediately as president and that the meeting would resume in 90 minutes, at which time the head microphone would be helmed by someone else. Don King then bellowed that he too was finished with boxing, at which time the room emptied. Loeffler, Öner and King accompanied Sulaiman to his suite, in an effort to iron things out and perhaps to encourage the long reigning president to have a change of heart. More to come "
Not recognising Bradley if he beats Alexander :nut Diamond belt for Pascal/Hopkins atsch The clogging at Middleweight atsch
When I got to middleweight I lost the will to read on Its a joke really. Can anyone clear the Herbie Hide thing up I had no idea his place with the WBC had been thrown out. Was this to do with prizefighter?
You know how people don't like shite like interim silver diamond belts? This **** does nothing to help the situation. He's also a crook
Sounds like it could just be a "rattles out of the pram" resignation that he'll manage to change his mind on if he gets his own way on few issues.
sounds like he has thrown his toys out of the Pram. Interesting that the WBC are in so much debt. Would be great if a few of them wen't out off business be the best thing to come out of a recession.
How much did that Roy Jones and the Italian guy thing cost them exactly? must have been a **** load for them to be still paying it off. Add to that the cost of 2 or 3 belts for every division can't help matters.