On Wednesday, the International Olympic Committee criticized a proposal from a placed governing body that do pay boxers who won at the approaching Paris Olympics.
The International Boxing Association ( IBA ) made plans earlier on Wednesday to pay medal winners for the boxing competitions. The IBA, which has no affiliation with the Paris Games, refrained from doing so, and claimed that it was unable to reveal the resources of its funding, which has been a source of tension for a long time, and was a cause of the IBA’s suspension from the Olympics.
” As always with the IBA, it is unclear where the money is coming from”, the IOC said in a figured speech. ” One of the reasons the IOC withdrew its reputation of the IBA was that there was a complete lack of financial clarity,” he said.

According to the IBA proposal, each fighter and coach who advances to the quarterfinals in competitions—for both men and women and in all weight classes—would have been awarded$ 100, 000 for winning a gold medal,$ 50, 000 for silver and$ 25, 000 for bronze from a$ 3.1 million pool. National institutions would also have received compensation for their successful boxer.
In a speech made before the IOC ruling, IBA leader Umar Kremlev said,” Our players and their work may be appreciated. The IBA offers opportunities for growth and makes significant investments in our boxer. They continue to serve as the focal point, and we will continue to support them at all levels.
The proposed bills are the most recent development in the conflict between the IOC and IBA, who have been working on the sport’s management for years. On the advice of its administrative committee, which ruled that promised modifications were never made, the IOC voted last year to end its reputation of the boxing organization.
Due to concerns over good attending and judging of its events, the IOC suspended its reputation of the IBA in 2019. Even after the Olympics were delayed a year due to the coronavirus pandemic, the IOC managed the boxer program in place of the IBA during the Tokyo Games.
The IBA, an institution of some continental- level federations, is run by Kremlev, who was elected its chairman in soon 2020. Kremlev promised to clean up the ruling system in response to allegations of corruption, and he expanded the number of fat lessons for both men and women. Importantly, he also included the exact prize money as the upcoming Olympics ‘ World Championships.
But, since taking over the IBA, the IOC had been concerned about Kremlev’s relations and his alleged relations to Russian President Vladimir Putin. Some renowned red flags have been Kremlev’s antagonism to separate referees and judges for fights, the evacuation of its offices from Switzerland to Russia, turning the IBA into a marketing system for Kremlev himself, according to a 2022 report in The Washington Post, and the IBA’s sponsorship agreement with Gazprom, Russia’s state- owned energy company. Gazprom has been a follower of Russia’s invasion of Ukraine, which began in February 2022.

In response to the IOC’s imprisonment of Russian and Belarusian players from the Tokyo Olympics, the IBA recently banned Ukrainian soldiers from its sanctioned competitions in September 2022. ( Athletes from those nations were permitted to compete during the COVID- delayed Games under the IOC’s flag and emblem rather than their native/sponsor nations. ) Additionally, Kremlev was given an additional year in energy by the IBA, which did not decide to keep a national election in 2022.
Many countries, including the United States, the United Kingdom and Canada, boycotted the World Championships in 2023 in response to the IBA’s decision to allow Russia and Belarus to contend with no hindrance. Additionally, those countries joined World Boxing, an IOC-sponsored sport that needs more funding to add fighting to the Los Angeles 2028 Olympics.
While its profitable portions are larger, the IBA’s program mirrors that from World Athletics, which has offered to pay finalists in the track and field events.