Management company MTK Global to close after Kinahan sanctions

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LONDON: Dubai-based boxing management company MTK Global announced its closure on Wednesday following US government action against Irish co-founder Daniel Kinahan. The US authorities this month offered a US$5 million reward for help arresting the leaders of Ireland\u0027s Kinahan drug trafficking gang

LONDON: Dubai-based boxing management company MTK Global announced its closure on Wednesday following US government action against Irish co-founder Daniel Kinahan.

Daniel Kinahan, one of the three leaders named, has been involved in organising high profile boxing fights in recent years. It said Kinahan's involvement in MTK had ended in 2017 but"unfounded allegations about his ongoing association with us and our fighters" persisted. Kinahan was credited by Britain's world heavyweight champion Tyson Fury, who defends his WBC belt at London's Wembley Stadium on Saturday, with helping broker a potential unification bout two years ago.

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