Boxing News

Klaus-Peter Kohl and Waldemar Kluch reach agreement regarding Universum Box-Promotion

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By Malte Müller-Michaelis

In 2011, German promoter Klaus-Peter Kohl sold his Universum Box-Promotion to Waldemar Kluch. In November 2012, Universum had to file bankruptcy. Until this week Kohl and Kluch have been fighting regarding the Universum sale and accused each other of fraud. According to Kohl, he never received the agreed payment of 1.5 million Euros. The Universum founder therefore threatened to have the new Universum gym sold in a foreclosure auction. Kluch on the other hand stated that Kohl hadn’t informed him about unpaid invoices and pending lawsuits which costed Univerum about 4 million Euros. Now Kluch and Kohl settled their differences and reached an agreement both men seem to be happy with.

“For the last months only our lawyers have been talking. Now we set down, had a good meeting, look each other in the eyes and cleared up all misunderstandings”, says Kluch. “Now I can finally concentrate on my business again and don’t have to think about all that stuff with the foreclosure anymore.” Adds Kohl, “I am happy that we found a good and fair solution.”

Kluch is still convinced that there might be a way to save Universum from the bankruptcy. In the meantime, his son Felix Kluch will present his first show on June 21st in Moscow, Russia. Felix Kluch represents unbeaten 2008 Olympic gold medalist Rakhim “The Machine” Chakhkiev who is challenging WBC world cruiserweight champion Krysztof “El Diablo” Wlodarczyk. Also on the card will be former WBC super featherweight champion Vitali Tajbert and former WBA super middleweight titlist Dimitri Sartison.

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