The boxing management company announced it would cease operations after its co-founder was hit by sanctions from the U.S. Treasury Department.
“As a business we have faced unprecedented levels of unfair scrutiny and criticism since the sanctioning by the U.S. Government of Daniel Joseph Kinahan,” MTK Global said. “It is a matter of public record that Mr. Kinahan’s involvement in MTK ceased in 2017, and despite repeated reassurances in this regard, unfounded allegations about his ongoing association with us and our fighters persist. On Tuesday, MTK CEO Bob Yalen resigned, citing the intense pressure of the last few weeks. As part of the sanctions, the Treasury Department prohibited U.S. persons or businesses from working with Kinahan or any member of the KOGC. “It’s none of my business,” Fury said. Among the fighters Kinahan, now based in Dubai, advises is Tyson Fury, the WBC heavyweight champion who will defend his title on Saturday against Dillian Whyte.
Kinahan was last week named as the alleged leader of a cartel responsible for smuggling drugs into Europe and the US Drug Enforcement Agency has offered rewards ...
Our priority in the weeks ahead will be to ensure that our world class boxers are supported to find new partnerships as swiftly as possible.” Start your Independent Premium subscription today. The boxing management company MTK Global is “to cease operations” by the end of the month following the sanctioning of its founder Daniel Kinahan by the United States government.
MTK Global, the boxing management company founded by the alleged Irish gangster Daniel Kinahan, has ceased operations.
Thank you to all the fans who have supported us over the last decade.” Our priority in the weeks ahead will be to ensure that our world class boxers are supported to find new partnerships as swiftly as possible. Further announcements will be made in due course.
The company, which had previously listed boxers including Tyson Fury and Billy Joe Saunders among its fighters, was co-founded by Kinahan in 2012.
"It is a matter of public record that Mr Kinahan's involvement in MTK ceased in 2017, and despite repeated reassurances in this regard, unfounded allegations about his ongoing association with us and our fighters persist," the firm said. MTK Global, which had previously listed boxers including Tyson Fury and Billy Joe Saunders among its fighters, was co-founded by Kinahan in 2012. The company, which had previously listed boxers including Tyson Fury and Billy Joe Saunders among its fighters, was co-founded by Kinahan in 2012.
The boxing company, which had listed star names in the sport including Tyson Fury, Josh Taylor and Billy Joe Saunders among its stable of more than 200 fighters ...
“Since leading promoters have now informed us that they will be severing all ties with MTK and will no longer work with our fighters, we have taken the difficult decision to cease operations at the end of this month. Daniel Kinahan was described as the man who “is believed to run the day-to-day operations of the organisation” and was hit with sanctions by the US Government. A statement released on Wednesday read: “As a business we have faced unprecedented levels of unfair scrutiny and criticism since the sanctioning by the US Government of Daniel Joseph Kinahan.
The company made their statement at the same time Tyson Fury and Dillian Whyte were addressing the media before their world title fight.
In my life, I’ve got a man who wants to punch my face in next week and I’ve got to deal with that. I keep my own business to myself, that’s it. Our priority in the weeks ahead will be to ensure that our world class boxers are supported to find new partnerships as swiftly as possible.
MTK Global, the boxing promotions company founded by Daniel Kinahan in 2012, has ceased operations.
The statement from MTK reads: “As a business we have faced unprecedented levels of unfair scrutiny and criticism since the sanctioning by the US government of Daniel Joseph Kinahan." “As a business we have faced unprecedented levels of unfair scrutiny and criticism since the sanctioning by the US government of Daniel Joseph Kinahan,” it says In a statement issued this afternoon the company said it had taken the difficult decision due to “unprecedented levels of unfair scrutiny and criticism”.
Promoters and boxers are disavowing Daniel Kinahan, whom the Treasury Department said is the leader of a murderous drug cartel.
Arum said Top Rank would not do any business with Kinahan in the future. Mauricio Sulaimán, the head of the World Boxing Council sanctioning organization, was photographed with Kinahan in Dubai earlier this year. But Conlan said in a statement that he has been represented by his brother, Jamie, for the past year, and had never heard of Hoopoe. The Treasury Department announced financial sanctions against Kinahan, and a number of related people and businesses, last week. Asked about it after, Lazzez called Kinahan “a friend and adviser,” before professing to be unaware of the sanctions against Kinahan. MTK Global has repeatedly said that it ended all association with Kinahan in 2017.
The company, which had previously listed boxers including Tyson Fury and Billy Joe Saunders among its fighters, was co-founded by Kinahan in 2012.
"It is a matter of public record that Mr Kinahan's involvement in MTK ceased in 2017, and despite repeated reassurances in this regard, unfounded allegations about his ongoing association with us and our fighters persist," the firm said. MTK Global, which had previously listed boxers including Tyson Fury and Billy Joe Saunders among its fighters, was co-founded by Kinahan in 2012. The company, which had previously listed boxers including Tyson Fury and Billy Joe Saunders among its fighters, was co-founded by Kinahan in 2012.
MTK Global, one of the top boxing organizations overseas that was founded by Kinahan and has been involved with WBC heavyweight champion Tyson Fury, among ...
In 2016, there was a shooting at the Regency Hotel in Dublin before a fight night with MTK Global. It appeared to have been an attempted hit on Kinahan, according to Boxing Scene, as a result of the longstanding rivalry between the Kinahan and Hutch crime families. Kinahan was one of the key figures in getting MTK Global to Dubai. Kinahan recently booked events for Kazakhstan and signed a deal with Bahrain’s KHK. That was short-lived following news of Kinahan’s potential involvement in organized crime. Kinahan has advised the Fury's in the past. I’ve got my own troubles and my own problems to work on myself with a wife and six kids, so I keep my business to myself.” In 2017, Kinahan reportedly stepped down from his role with MTK Global. Recently, Bob Yalen, the CEO of MTK Global, resigned from his position, and Wednesday, MTK Global said it will cease operations at the end of this month. When Fury and Anthony Joshua agreed in principle to face one another in 2020, Fury thanked Kinahan on social media. This includes Daniel Kinahan and we can confirm that we will not have any business relationship or communication with him whatsoever.” Arum has since cut ties with anything related to Kinahan. He told ESPN, "I'm a law-abiding American citizen and I will adhere to those sanctions and not have any business relationship or any other relationship with him -- period. Fury thanked Kinahan not long ago when a fight between him and Anthony Joshua was agreed in principle. “We have retained counsel in the US to ensure that we fully comply with all rules, regulations, and requirements related to this matter, including not working with any individual or company that has been placed under US sanctions. Kinahan founded MTK Global in 2012. Last week, United States officials attended a news conference in Dublin, Ireland, and announced a $15 million reward regarding any information on Daniel Kinahan and his family.
MTK Global yesterday announced it will cease to operate from the end of this month after receiving “unfair criticism” following the sanctioning of Daniel ...
“A picture doesn’t mean I am a criminal,” Fury said. In my life, I’ve got a man who wants to punch my face in next week and I’ve got to deal with that. Fury also said: “I don’t really take any notice of the media. “If I say, ‘There’s a war going on in Ukraine’, and people ask me about that, it’s got nowt to do with me. “I’ve got a lot more to think about than other people’s business. Our priority in the weeks ahead will be to ensure that our world-class boxers are supported to find new partnerships as swiftly as possible.