Bob Arum Claims He Was Deceived by Daniel Kinahan, Accepts Responsibility for Boxing Ties
Boxing promoter Bob Arum asserts he was misled by daniel Kinahan regarding his disassociation from criminal activities but acknowledges his role in Kinahan’s rise in the boxing world. Arum also refutes allegations that dealings wiht Kinahan were concealed from him or broadcaster ESPN.
Arum Denies Son-in-Law hid Kinahan Dealings
Arum, 93, is responding to a lawsuit alleging his son-in-law, Top Rank President Todd duBoef, concealed business interactions with Daniel Kinahan. The lawsuit claims duBoef stated Arum was “too old” to understand that Kinahan’s influence was necessary to compete with UFC and expand in Europe.
Arum denies these claims, stating that he, along with duBoef and ESPN, were aware of and involved in the dealings with Kinahan to secure Tyson Fury fights for Top Rank, beginning in early 2019. “Nobody did anything behind my back,” Arum stated.
Arum Admits to Falling for Kinahan’s ‘Compelling Story’
Arum admits he initially believed Kinahan’s claims of leaving his criminal past behind. He now says he wouldn’t have associated with Kinahan had he known he was still heading a major drug and arms cartel. Despite repeated warnings about Kinahan’s continued involvement in transnational organized crime, Arum continued to work with him for several years.
Payments to Kinahan for Tyson Fury Fights
Arum admits to paying Kinahan up to €8 million to broker Tyson Fury’s second and third fights against Deontay Wilder, and also bouts against Otto Wallin and Tom Schwarz.
Ties Cut After U.S. Government Sanctions
Arum severed ties with kinahan after the U.S. government imposed sanctions on the alleged drug lord and other members of his cartel in April 2022. arum confirms he has had no contact with Kinahan since the sanctions were imposed, stating, “My country doesn’t put sanctions on an individual for no reason.”
Lawsuit Alleges Earlier Kinahan Involvement
the $25 million lawsuit includes claims that duBoef’s dealings with Kinahan date back to 2016, involving boxer Michael Conlan, who was managed by MTK, a company Kinahan co-founded. kinahan is currently in Dubai, facing importent pressure due to the U.S. sanctions.
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Bob Arum Claims He Was Deceived by Daniel Kinahan,Accepts Responsibility for Boxing Ties
Boxing promoter Bob Arum asserts he was misled by daniel Kinahan regarding his disassociation from criminal activities but acknowledges his role in Kinahan’s rise in the boxing world. Arum also refutes allegations that dealings wiht Kinahan were concealed from him or broadcaster ESPN.
Arum Denies Son-in-Law hid Kinahan Dealings
Arum,93,is responding to a lawsuit alleging his son-in-law,Top Rank President todd duBoef,concealed business interactions with Daniel Kinahan. The lawsuit claims duBoef stated Arum was “too old” to understand that Kinahan’s influence was necessary to compete with UFC and expand in Europe.
Arum denies these claims, stating that he, along with duBoef and ESPN, were aware of and involved in the dealings with Kinahan to secure Tyson Fury fights for Top Rank, beginning in early 2019.”Nobody did anything behind my back,” Arum stated.
Arum Admits to Falling for kinahan’s ‘Compelling Story’
arum admits he initially believed Kinahan’s claims of leaving his criminal past behind. He now says he wouldn’t have associated with Kinahan had he known he was still heading a major drug and arms cartel. Despite repeated warnings about Kinahan’s continued involvement in transnational organized crime, Arum continued to work with him for several years.
Payments to Kinahan for Tyson fury Fights
Arum admits to paying Kinahan up to €8 million to broker tyson fury’s second and third fights against Deontay Wilder,and also bouts against Otto Wallin and Tom Schwarz.
Ties Cut After U.S. Government Sanctions
Arum severed ties with kinahan after the U.S. government imposed sanctions on the alleged drug lord and othre members of his cartel in April 2022. arum confirms he has had no contact with Kinahan as the sanctions were imposed, stating, “My country doesn’t put sanctions on an individual for no reason.”
Lawsuit Alleges Earlier kinahan Involvement
the $25 million lawsuit includes claims that duBoef’s dealings with Kinahan date back to 2016, involving boxer Michael Conlan, who was managed by MTK, a company Kinahan co-founded. kinahan is currently in Dubai, facing importent pressure due to the U.S. sanctions.
Q&A: Unraveling the Bob Arum-Daniel Kinahan controversy
What’s the core of the controversy?
Bob Arum, a prominent boxing promoter, is facing scrutiny over his past business dealings with Daniel Kinahan, who is alleged to be a major figure in transnational organized crime. Arum claims he was deceived by Kinahan but admits to paying him to broker Tyson Fury fights.
Who is Daniel Kinahan?
Daniel Kinahan is an Irish national alleged to be the head of a major drug and arms cartel.He is currently in Dubai and is subject to U.S. sanctions.
What’s the role of Tyson Fury in all of this?
Tyson fury is a heavyweight boxing champion whose fights were brokered by Kinahan. Arum paid Kinahan up to €8 million to arrange Fury’s fights against Deontay Wilder, Otto Wallin, and Tom Schwarz.
What are the key allegations against Arum?
Arum is accused of knowingly working with Kinahan despite being aware of his alleged criminal activities. There are also allegations that his son-in-law, Todd duBoef, attempted to conceal Kinahan’s involvement from Arum.
What is MTK Global?
MTK Global was a boxing management company co-founded by Daniel Kinahan, linked to several boxers and involved in the lawsuit.
What happened after the U.S. sanctions?
Arum cut ties with Kinahan after the U.S. government imposed sanctions on him and other members of his alleged cartel in April 2022. He claims to have had no contact with Kinahan since then.
What does the future hold?
the $25 million lawsuit against Arum and his son-in-law will likely continue, perhaps revealing more details about the extent of Kinahan’s influence in boxing. The sport may have to re-evaluate its relationships with individuals linked to organized crime to ensure the integrity of boxing.
This controversy highlights the complexities of the boxing world and the importance of clarity and ethical conduct. Stay informed, and follow the developments as the story unfolds.
