Budapest: The International Boxing Association (IBA) has announced a new IBA Competition System, which will be tried in February at the 66th Bocskai Memorial Tournament in Hungary. The new system will seek to build on the existing IBA World Championships, the related continental championships and the international multi-sport events featuring boxing tournaments.
“The new competition system will aim to support and develop boxing tournaments that are already in place, which will be drawn together in a Boxing World Tour while preserving the rich history of the sport.
Along with significant prize money pools, and organizational support, IBA will work to generate greater interest in the sport of boxing with wider coverage of the events, while offering its athletes more chances to compete,” the IBA stated.
“With the Boxing World Tour currently in development, further details on ranking systems, upcoming events, and more will be created in conjunction with national federations, host cities and vitally, the athletes themselves,” the statement read. IBA president Umar Kremlev said: “The new World Boxing Tour competition system was developed with the goal of bringing greater opportunities to our athletes, as well as event organizers all over the world. Boxing has a rich history and it is important we build on existing successes, in a sustainable way.