Comments Thread For: Statement From Golden Boy Promotions Regarding NYSAC

[Team Money May]

A Half-Truth is a whole Lie.

[warp1432]

********* reported that the money information was not true at all. Hauser and Kimball were wrong.

[keepthemhandsup]

taking $250,00 out of 750,00 that you was suppose to pay in full don't sound innocent to me

[ShoulderRoll]

Richard Schaefer is a banker, and we have learned the hard way what a bunch of scumbags those guys are. Haven't we?

[joe strong]

whst is the suspension for?

[JakeNDaBox]

********* reported that the money information was not true at all. Hauser and Kimball were wrong.

If ********* is supposed to be F1ghtn3ws, all they "reported" was what Itschkowitz had to say on the subject. He's not exactly an objective source. In fact, he's actually the scapegoat in all of this, at least according to Golden Boy's press release.

[Dick Buffman]

I dunno about you guys, but I didn't read anything in that load of crap that exonerates them in any way.

I was kinda hoping they'd explain where the 500k's at.

[javelin_fangs]

Here's the thing I have always respected and liked about Golden Boy as opposed to most other promoters. They've made a direct response to the allegations against them without calling anyone a "moron," "idiot," "gutless," or accusing them of not having balls, cursing every other word, etc.

At the end of the day, they're not likely to get in anywhere near as much trouble as some people believe they will and I bet part of the reason why is because they do cuss everyone out, throw nasty temper tantrums and avoid answering any questions about the things they're accused of doing. That always helps.

[warp1432]

If ********* is supposed to be F1ghtn3ws, all they "reported" was what Itschkowitz had to say on the subject. He's not exactly an objective source. In fact, he's actually the scapegoat in all of this, at least according to Golden Boy's press release.

*********.com has learned the details behind the New York State Athletic Commission’s suspension of Golden Boy Promotions. Oscar De La Hoya’s promotional powerhouse was placed under administrative suspension over a snafu involving the NYSAC’s request for promotional agreements involving the May 15 Amir Khan-Paul Malignaggi event in the Theater at Madison Square Garden. Golden Boy Promotions COO David Itskowitch explained to ********* that since those agreements contain confidentiality clauses and New York is a “public information state,” the Muhammad Ali Act provides for those documents to be submitted to the Association of Boxing Commissions, which has been done. Itskowitch, added that the NYSAC had never given him a deadline nor communicated that a suspension was being considered. We would expect this to be cleared up in fairly short order one the NYSAC, the ABC and Golden Boy get on the same page.
—–
Regarding reports of an alleged accounting discrepancy involving a half-million dollars from the event, *********.com has spoken to two reliable sources with knowledge of the situation, and neither said that information is accurate.

[Dick Buffman]

*********.com has learned the details behind the New York State Athletic Commission’s suspension of Golden Boy Promotions. Oscar De La Hoya’s promotional powerhouse was placed under administrative suspension over a snafu involving the NYSAC’s request for promotional agreements involving the May 15 Amir Khan-Paul Malignaggi event in the Theater at Madison Square Garden. Golden Boy Promotions COO David Itskowitch explained to ********* that since those agreements contain confidentiality clauses and New York is a “public information state,” the Muhammad Ali Act provides for those documents to be submitted to the Association of Boxing Commissions, which has been done. Itskowitch, added that the NYSAC had never given him a deadline nor communicated that a suspension was being considered. We would expect this to be cleared up in fairly short order one the NYSAC, the ABC and Golden Boy get on the same page.
—–
Regarding reports of an alleged accounting discrepancy involving a half-million dollars from the event, *********.com has spoken to two reliable sources with knowledge of the situation, and neither said that information is accurate.

lol, thats not proof of anything. Who are the sources? And what is their knowledge. If theres nothing to it, why speak anonymously? I mean come on.