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IOC Strips Olympic Status From Boxing Body AIBA

The IOC has "stripped Olympic status from troubled boxing body AIBA" and will now "organize qualifying and final tournaments" for the '20 Tokyo Games. IOC exec board member Nenad Lalovic said AIBA had created "very serious reputational, legal and financial risks" for the IOC and its American stakeholders. AIBA has said it is "near bankruptcy" with debts of about $17M. AIBA "has an emergency meeting" scheduled for tomorrow in Geneva, which an IOC delegate is scheduled to attend (AP, 6/25).

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