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Charr Admits He's Dead Broke as Klitschko Nears

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.

User Comments and Feedback (Register For Free 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…

Comment by Regan on 08-06-2012

[QUOTE=southpaw_07;12404547]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…

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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