
IBA announce $1million prize for winners of 2026 World Championships
International Boxing Association (IBA) President Umar Kremlev has announced that winners of the 2026 IBA World Amateur Championships will receive a $1million prize

International Boxing Association (IBA) President Umar Kremlev has announced that winners of the 2026 IBA World Amateur Championships will receive a $1million prize

The presidential election for the International Boxing Association (AIBA) has finally got the candidate widely expected to take the reform agenda forward. Umar Kremlev, Vice President of the European Boxing Confederation (EUBC) and AIBA Executive Committee member, announced his candidacy at an online press conference today. He called for unity and reforms in AIBA, the sports body that represents amateur boxing worldwide. Kremlev presented his manifesto, with plans to pay off the millions of dollars in debt accumulated by AIBA under previous administrations. “I will ensure that AIBA will no longer be burdened by debt. Boxing is one of the most popular sports in the world and many companies are interested in sponsoring it. The television rights to AIBA events are hugely attractive to broadcasters. Within one or two years, AIBA will attract $50 million in sponsorship. All this money will go towards the development of AIBA,” Kremlev told the international media.