Povetkin's Promoter Claims $4.3 Million Court Win Over Wilder

According to the team behind Russian heavyweight Alexander Povetkin, they have claimed a $4.3 million court victory over WBC champion Deontay Wilder over a cancelled fight back in 2016.

According to representatives from Forward Legal, working for Povetkin and his promoter's company, World of Boxing, a New York court issued an aware of $4.3 million which was being held in escrow - in connected to their canceled fight from May 2016.

In a statement provided to by World of Boxing - Mr. Ryabinskiy’s attorney succeed in getting a favorable decision in a US court, ruled over a long court proceedings with the representatives of WBC heavyweight champion Deontay Wilder.

New York Federal District Court refused Wilder on all accounts, and awarded Mr. Ryabinskiy’s side USD 4.3 m — funds that were part of the interpleader case after the fight between Alexander Povetkin and Wilder was cancelled in May of 2016. Decision can be appealed during 30 days, however attorneys have already filed a demand for the return of funds. 

Attorneys will take a careful look at the 48 page decision, planning out next actions, evidently in court also, as parties are still to battle it out over the multi-million reputational claims.


The information was also confirmed World of Boxing CEO Andrei Ryabinksy, on Friday.

“A few hours ago we won the court case in New York against (Deontay) Wilder’s team,” Ryabinksy said. "I said it once, and I will say it again, anyone that wants to offend or insult my guys, will have to pay for it."

The two fighters were scheduled to collide in May 2016 in Moscow, but the fight was canceled about a week before the contest after the WBC revealed that Povetkin's drug test had come up positive for meldonium, which became a banned substance on the WADA list in January 1, 2016.

Afterwards, both sides filed lawsuits against each other. Wilder's team won an initial suit in 2017 for $5 million. Povetkin had a counter-suit asking for $34.5 million for defamation because Wilder and his handlers pegged him as a doper in the media.

Povetkin, who last month secured a brutal knockout over David Price, is currently the mandatory challenger to IBF, WBA, WBO, IBO heavyweight world champion Anthony Joshua.

User Comments and Feedback (Register For Free To Comment) Comment by mrjoeblive on 06-13-2018

[QUOTE=MaksBox;18695595]The drug stays in your system for more than 3-4 months... especially stored in fat cells which then get burned towards end of training camp.[/QUOTE] Dude no drug stays in your system for 3-4 months unless you are still taking…

Comment by SchoolTheseCats on 04-22-2018

[QUOTE=killakali;18695077]your source? 😆[/QUOTE] Says it right in article the money was in a escrow account while being appealed now pedvetkin people trying have judge release money before wilder team can appeal

Comment by Squ□redCircle34 on 04-22-2018

[QUOTE=MaksBox;18695591]HE WAS NEVER IN RUSSIA YOU FRIGGIN IDIOT! He was training in England and was supposed to fly to Russia. HE NEVER DID![/QUOTE] Your a embicile with less brain cells than a ferret, does it matter if he was literally…

Comment by genrick on 04-22-2018

The dispute was expected to last years. The money can't be withdrawn till it's resolved. So don't know where this thing about Wilder profiting from it came from.

Comment by Squ□redCircle34 on 04-22-2018

[QUOTE=nacho daddy;18695570]you calling me a parasite?? hahahah if your race were not parasites there would be 20 million less of you[/QUOTE] Enjoy your ban you incest loving coward!

Post a Comment - View More User Comments (152)
Top Headlines News: Lerena vs. Mann, Nico Hernandez, Sam Bowen, More Malignaggi: Danny Garcia wins 'close, tricky fight' with Granados Hearn: I Don't Believe We've Yet Seen The Best of Andrade Bob Arum: Al Haymon is Doing a Disservice to His Welterweights Andrade: I'm The Best Talent Out There at 154, 160, Maybe 168's Television Picks of The Week - January 18 UK News: Joyce-Tiffney, Archie Sharp, Danny Dignum, More Why Are So Many Boxing Fans Still Drawn To Adrien Broner? Kovalev Charged With Felony Assault, Allegedly Punched Woman Video: Malignaggi Breaks Down Canelo-Jacobs, Pacquiao-Broner Video: Memo Heredia Talks Pacquiao-Broner, Spence-Garcia Video: Badou Jack Ready For Marcus Browne Clash Video: Broner's Trainer Gives Take on Pacquiao Fight Video: Dillian Whyte Discusses Being a Free Agent, More Maurice Hooker Set For March 9 Defense vs. Mikkel LesPierre De La Hoya: Jacobs Worries Me; 2nd-Best at 160 After Canelo Roach: Pacquiao Hit Me To The Chest - Whole Body Went Numb! WBC: Jack-Browne Winner Will Be Mandatory To Gvozdyk Canelo-Jacobs: Venue TBD, T-Mobile The Current Frontrunner Photos: Warren vs. Oubaali, Ruiz vs. Tepora - Face To Face Photos: Badou Jack, Marcus Browne - Go Face To Face Jacobs Inks New Deal With Hearn, Three Fight Deal With DAZN Photos: Bryant Jennings, Oscar Rivas - Ready For Battle in Verona Photos: Terence Crawford, Amir Khan - Go Face To Face in NYC Ellerbe: Broner Beating Pacquiao is No Upset, This is 50-50 Fight Canelo Alvarez vs. Daniel Jacobs Finalized For May 4 Photos: Serrano vs. Voraberger, Doheny vs. Takahashi - Weigh-In Photos: Jorge Linares, Pable Cesar Cano - Ready For War Photos: Chris Algieri, Danny Gonzalez - On Point To Fight Photos: Demetrius Andrade, Artur Akavov - Ready For Battle Erislandy Lara vs. Brian Castano Tops Showtime Triple, March 2 Ricardo Quiroz To Face Jamaine Ortiz on February 23 Photos: Keith Thurman Putting in Work For Josesito Lopez Weights From New York City: Andrade 159.8, Akavov 160 Hearn Prepared To Win Purse Bid For Wilder-Fury Rematch Broner: Arum Offered Me $2 Million To Fight Pacquiao; F*** Him! Liam Smith vs. Sam Eggington Set Down March 30th Shohjahon Ergashev vs. Mykal Fox on February 15, ShoBox Anthony Yarde vs. Mehdi Amar Set For February 23 Khan: I Think a Brook Fight Is Still There, A Fight I'd Love To Have

Latest Active Forum Threads