WARRIORS PROMOTIONS WINS CONDES-RACHMAN PURSE BID
By Ronnie Nathanielsz
PhilBoxing.com
Fri, 06 Apr 2007
Warriors Boxing Promotions has won the purse bid for the IBF minimum weight mandatory title defense of Indonesian Muhammad Rachman against hard-hitting Filipino champion Florante Condes.
The chairman of the IBF ratings committee Lindsey Tucker Jr informed Viva Sports/Manila Standard Today that the winning bid of Warriors Boxing Promotions was $25,000. Under the accepted ratio of 75 percent for the champion and 25 percent for the challenger, Rachman will be entitled to a purse of $18,750 and Condes $6,250. Tucker said there was only one outfit that met the deadline for the purse bid set by the IBF.
Tucker said Warriors ?must provide IBF with the contracts, a date and site information within the next 15 days.? He also made it clear that the fight must take place within 90 days or by July 5. In response to a question from this reporter, Tucker said ?if the winning bidder wants to stage it outside Indonesia Rachman must go.?
The co-manager of Condes, Dante Ortiz said the results of the purse bid was ?a big surprise and a big mistake.? He did not elaborate.
Tucker said the IBF called a purse bid after the promoter of Condes, Bobby Bostick, Sampson Lewkowicz and the handlers of Rachman failed to come to terms after lengthy negotiations with Rachman?s camp demanding a ridiculously high purse of $75,000 to fight Condes in the US.
Rachman was planning on a unification bout against WBO champion Ivan Calderon but the IBF stepped in and directed the champion to first defend his title against the heavy-handed Condes who is 26 years old and has a record of 20 knockouts in 21 wins with 3 losses and 1 draw.
Rachmann is coming off a seventh round TKO victory over another Filipino Benjie Sorolla last December 23. Rachman won the title on September 14, 2004 with a split decision victory over Daniel Reyes in Jakarta. Rachman is 35 years old and has a record of 61-5-5 with 20 knockouts.
A devastating puncher, Condes won the Philippine minimum weight title on December 10, 2005 with a sixth round KO over Philip Parcon who was dropped in rounds four and six. Among his three losses was a split decision to Sorolla on May 1m 2005.
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