Boxing News

WBO Day Two Congress Report

Report and photos by David Finger

Day two of the 26th Annual WBOP Congress in Budapest, Hungary continued yesterday with the final report from the board, as well as numerous valuable training seminars for judges, referees, and officials. The event kicked off in the morning with the Treasurer’s report from Alfredo Flores Monge. Monge discussed the financial review done by Certified Public Accountant Jaime Cebollero of Puerto Rico. Cebollero concluded that the WBO had assets in the amount of $930,132, with current liabilities in the amount of $250,792 and long term liabilities in the amount of $3,797 for a total liability of $254,589. The WBO also had net assets in the amount of $675,543. In regards to revenue the WBO collected $884,762 in sanctioning fees during the ten month period of the financial review. It also collected $7.262 in officials dues and licensing fees as well as $285,915 in convention and other revenues for a total revenue of $1,177,939. Total operating expenses for the WBO totaled $1,248,860 for that period of time. Net assets dropped from $746,464 to $676,543 during that period of time as well. The CPA also prepared a forecast of the remainder of 2013, forecasting an additional $1,271,765 in revenue and an additional $1,585,084 in operating expenses for a change in net assets of -$313,319.

From there the congress moved into the training seminars with a judges workshop featuring Gino Rodriguez and Chuck and Lisa Giampa. The initial subject was a controversial one: mandatory retirement age for referees. Legendry referee Gino Rodriguez strongly entertained the idea of a mandatory cutoff age for referees, noting that the job does involve the responsibility of the life of the contestants in the ring. Eddie Cotton weighed in, giving the idea some consideration as well. However, legendary British referee Mickey Vann was vocally opposed to the idea. He noted that each referee is different, and a mandatory cut off age would rob the sport of valuable and experienced referees who still possess the skills to excel at their jobs.

The Giampa’s then took over after lunch, discussing the pitfalls of talking to the media and how to deal with controversy as a judge. There was also a valuable seminar on how to properly note a cut from a head butt as opposed to a punch, as well as a seminar on how to score a close fight using a perfect training tool: the Oscar De La Hoya versus Felix Trinidad fight.

The evening concluded with a boat trip down the Danube River followed by dinner at the Csonakhaz Fish Restaurant. During dinner the WBO handed out several awards. The Honorable Juan Ramon Guanzon, Chairman of the Games and Amusement Board of the Philippines, received a special recognition award. Genesis Servaniz was awarded Asia-Pacific fighter of the year. Javier Francisco Maciel was awarded Latino fighter of the year while Javier Francisco Maciel was awarded WBO Latino fighter of the year. Hedi Taouab was subsequently awarded matchmaker of the year.

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