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 Last update:  8/5/2012       Read more by Ruslan Chikov         
   
Charr Admits He's Dead Broke as Klitschko Nears
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By Ruslan Chikov

Unbeaten heavyweight contender Manuel Charr is 21-0 in the ring, but he admits to having nothing in his bank account. On September 8th, he challenges WBC heavyweight champion Vitali Klitschko in Moscow, Russia. At one point he saved up to 200,000 Euro but used it to help organize his own fights.

"In my last fight against Taras Bydenko, I was 60,000 Euros in debt. Now I am penniless. My apartment, my car and my food is being financed by friends," Charr said.

Even the six figure payday against Vitali will not help Charr clean up his finances. At the moment he trains in an old rusty warehouse with less than stellar equipment.

"About half of my purse goes to the tax. In addition to my debt, I must also pay fight flights, coaches and the support staff," said Charr.

Tags: Vitali Klitschko , Manuel Charr , Klitschko-Charr , Klitschko vs Charr



 User Comments and Feedback (must register to comment)

comment by anonymous2.0, on 08-06-2012
Sounds like bad luck happening to a poor person financially. Hopefully this isn't some ****-and-bull story for pity.

comment by nycsmooth, on 08-06-2012
other than the K's & mayb Adamek, I'd guess no 1 has any $$...

comment by TheGreatA, on 08-06-2012
It's good to hear that he's getting paid, too bad it is at the expense of boxing fans and the legitimacy of the sport. Not that the heavyweight division hasn't had its share of shameful title challengers already. He must manage his money terribly if he can't even get by after a six figure payday...

comment by Regan, on 08-06-2012
[QUOTE=southpaw_07]he's a former Universum fighter, thats why he aint got anything. the fighters there were screwed up and all left...Universum is in their last year of boxing promotions.[/QUOTE] more because he went from promoter to promoter, it wasnt universums fault (in that case)

comment by WesleySnipes, on 08-06-2012
if the current state of heavyweight boxing would be a boxer i guess it would be Manuel Charr...

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