Hacker Young’s Ladislav Hornan and Andrew Andronikou have been appointed as Joint Administrators.
The primary purpose of the administration is ‘to achieve the survival of the Board as the regulatory body of professional boxing in Great Britain.’
The BBBC problems followed the case brought against it by boxer Michael Watson, who suffered brain damage in a world title fight with Chris Eubank in 1991.
A High Court judge ruled that the BBBC’s medical procedures were negligent in the case of Watson, awarding £1 million damages. The ruling is subject to an appeal.
The Board will continue to exercise its regulatory and licensing functions as normal under the supervision of the Joint Administrators and under the protection of the Administration Order.
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