President of the Guyana Boxing Association (GBA) Steve Ninvalle has called the decision by the International Boxing Association (IBA) to increase the prize money for the upcoming world championships a game changer.
In what can only be described as a monumental and historic day for the sport of boxing, the IBA has increased their prize pool by an enormous 50 per cent for next year’s World Championships billed for Tashkent, Uzbekistan.
“for the first time in history, we will have a record prize money fund of USD$5.2m,” said IBA president Umar Kremlev.