GENEVA — Seeking to resolve a years-long dispute with Olympic officials, the International Boxing Association said on Monday it will update the IOC this week and no longer has Russian energy giant Gazprom as a sponsor.
Boxing’s financial dependence on Gazprom is among governance and integrity concerns for the International Olympic Committee, which cut ties with the sport’s governing body in 2019 and is planning for a second straight Summer Games without the IBA’s involvement.
The schism led USA Boxing to terminate its IBA membership last week ahead of the men’s world championships in Uzbekistan, which is also being boycotted by teams including Britain, Canada and Ireland.
The IBA and its Russian president Umar Kremlev used the first day of competition on Monday in Tashkent to stage a 90-minute press briefing that was both conciliatory and defiant.
“My mission is not to attract the International Olympic Committee or to make them like me,” Kremlev said in translated comments that included a vulgar expression to suggest he had not shown deference to the Olympic body.
“Sorry for saying it in such a straightforward way,” Kremlev said.
He noted that medals of “pure gold” will be awarded to champions over the next two weeks rather than gold-plated ones. Olympic champions in Tokyo two years ago got medals plated with at least six grams of gold over pure silver. The IOC also does not award prize money.
“Maybe they don’t like us giving prize money which is even greater than the Olympics,” said Kremlev, who has promised $200,000 to champions this month. The IBA has pledged that will rise to $1 million prizes in the coming years.
Kremlev was flanked by former world champion Roy Jones Jr as both stressed the IBA was committed to boxers and helping them support their families, who often came from poor backgrounds.
“We don’t want to pay for five-star hotels or for travel of sports officials,” the IBA president said in what seemed another jibe at…
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