IBF sanction fourth belt for Lewis

Frank Maloney has confirmed that Lennox Lewis now holds all four of his world heavyweight belts after a settlement was reached with the International Boxing Federation.

Frank Maloney has confirmed that Lennox Lewis now holds all four of his world heavyweight belts after a settlement was reached with the International Boxing Federation.

The IBF had given Lewis a Friday deadline to pay the 300,000 US dollars sanction fee to keep their version of the world heavyweight title.

This followed the IBF withdrawing their belt from the Lewis-Evander Holyfield fight in Las Vegas on Saturday because they say the British boxer's camp refused to pay the sanction fee.

Lewis' lawyers had intended fighting the case if Lewis did lose the title he won fairly and squarely at the Thomas and Mack Center before a crowd of 17,916.

But Lewis' manager Maloney said: 'I've received a phone call from our lawyers to inform me that they have come to a settlement with the IBF and Iÿve been informed by the IBF that they have received the money.

'They have now sanctioned the fight and Lennox is now the IBF heavyweight champion as well as the WBA, the WBC and the IBA.

'I'm pleased that this has been sorted out. It's good for boxing and it's great that politics hasn't overshadowed Lennox's achievement.

'Lennox will be over the moon. He wanted his belts and he's got them all now.

'Holyfield got into the ring with two, Lennox had two, he was supposed to leave with four, he only left with three but now he's got his fourth belt.

'Lennox is going to enjoy his moment with the British people now he is undisputed champion. He's worked 10 years to get there and now he's going to share his achievement with his loyal fans back home.

'There was never any doubt about the 300,000 dollars. It was just about where it was supposed to be paid.'

The controversy stemmed from Lewis promoter Panos Eliades' reluctance to pay the 300,000 US dollars for the IBF to sanction the fight because he feared the money might be lost if the governing body were disbanded by the FBI.

Four IBF officials, including president Robert Lee, face federal charges which allege the individuals routinely altered rankings of fighters in exchange for 338,000 US dollars in bribes from boxing promoters, managers and other officials. Lee pleaded innocent at his arraignment yesterday.Eliades, because of the legal problems facing the IBF, attempted to broker an agreement with them, with the help of the Nevada Commission, that would put the 300,000 US dollars fee into escrow - an independent, frozen account.

Eliades signed a hand-written agreement on the day of the championship bout but the IBF did not and subsequently pulled their belt off the table.

Have you tried new the Independent Digital Edition apps?
Arts and Entertainment
Larry David and Rosie Perez in ‘Fish in the Dark’
theatreReview: Had Fish in the Dark been penned by a civilian it would have barely got a reading, let alone £10m advance sales
News
Details of the self-cleaning coating were published last night in the journal Science
science
News
Approved Food sell products past their sell-by dates at discounted prices
i100
News
Life-changing: Simone de Beauvoir in 1947, two years before she wrote 'The Second Sex', credited as the starting point of second wave feminism
peopleHer seminal feminist polemic, The Second Sex, has been published in short-form to mark International Women's Day
News
i100
Caption competition
Caption competition
Latest stories from i100
Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services
iJobs Job Widget
iJobs General

Recruitment Genius: Business Development Manager

£30000 - £100000 per annum: Recruitment Genius: This organisation based in Pea...

Recruitment Genius: Administrator / Warehouse Assistant

Negotiable: Recruitment Genius: This fast-paced award winning company based in...

Recruitment Genius: General Manager

£50000 - £70000 per annum: Recruitment Genius: This provider of global logisti...

Recruitment Genius: Sales Manager - £70,000 OTE

£35000 - £70000 per annum: Recruitment Genius: A Sales Manager (Vice President...

Day In a Page

Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable