Amateur boxing flush with cash

But now the cash has come to the amateur ranks, thanks largely to the arrival of Russian, Umar Kremlev, who was elected the president of the International Boxing Association (IBA) on December 12, 2020.

Kremlev rose to power on the promise of restoring IBA's financial integrity after years of the world body that represents amateur boxing, wallowing in debt. During the 2020 elections, Kremlev garnered 57.33% of the vote from the 155 voting federations, including the Botswana Boxing Association (BoBA). “Getting rid of IBA’s debt will be the first priority.