Due to the special circumstances caused by the COVID-19 pandemic, AIBA Board of Directors decided to exceptionally change the conditions of the Host City Agreement concerning host fees for the 2021 Youth Men’s and Women’s World Boxing Championships.
AIBA shall exceptionally renounce to request the Polish Boxing Federation to pay host fees (pre-agreed amount of CHF 500’000) for the 2021 Youth World Boxing Championships.
AIBA shall grant the Host Federation of the 2021 youth major event a unique and exceptional contribution to the additional costs caused by the COVID-19 pandemic in an amount of CHF 500’000.
‘It is our mission to support our National Federations, especially the ones who took responsibility to host major events in these difficult pandemic times. I am sure that the Board of Directors took right decision to support Poland and exceptionally waive the host fee. The LOC and Polish Boxing Federation did a lot for this tournament to make it happen despite all matters. We are looking forward to see the first boxing World Championships after the pandemic began,‘ AIBA President Mr. Umar Kremlev said.
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https://www.aiba.org/blog/aiba-waives-host-fee-for-the-youth-championship-in-poland-and-grants-host-federation-500000-chf-for-covid-expenses/
