Former unified super lightweight world champion Julius Indongo has launched a boxing series aimed to boost the sport in his native Namibia.
Indongo, through his company Dowally Promotions, this week announced the Premium Boxing Series (PBS) which will start in October and will have a total of N$96,000 in prize money up for grabs.
According to an invitation sent out to boxing managers and match makers by Dowally Promotions, the PBS will bring together eight of the best Namibian boxers in a certain weight division to compete at selected venues across Namibia and to determine a champion in their weight division.
A random draw will be conducted under the auspices of the Namibia Professional Boxing and Wrestling Control Board to determine which boxers will face each other in the first round.
The four winners will then progress to the semifinals, with the final two winners going through to the final. The winner of the final will receive the Julius Indongo floating trophy as well as a whopping N$42 000 in prize money, while the runner-up will receive N$22 000.
All eight boxers will be remunerated, with the first round losers receiving N$3 000 each and the semifinal losers N$10 000 each.
Indongo said their aim was to add value to Namibian boxing.
“Dowally Promotions is not planning to sign up any boxer to its stable at this stage nor interfere with other boxing promoters’ business activities because our mission is to add value to the Namibian boxing scene. Participation in the Premium Boxing Series will be open to any Namibian boxer registered with the Namibia Boxing and Wrestling professional Control Board on a voluntary basis,” he said.
He, however, added that other boxers from the SADC region could also participate if need be.
“No boxer will be sanctioned to compete in the Premium Boxing Series while having scheduled fights with other promoters throughout the duration of the Premium Boxing Series. In the event that we find ourselves in a situation where we don’t have enough Namibian boxers to compete in the preferred weight division, Dowally Promotions will at own discretion invite boxers from other SADC countries to participate in the series,” he said.
Indongo said the series will receive maximum exposure.
“We have three different venues to host this magnificent event. All three are very credible and we see them as a great opportunity to expand your prestigious boxing brand,” he said.
“The Premium Boxing Series will be broadcast throughout the world for free, which provides a highly lucrative opportunity to enhance the awareness of the participating boxers’ brand and sponsors in uncharted territories, with the focus on 80 boxing countries in which our broadcasting platform enjoys a massive audience base,” he added.
The first round of fights are scheduled to take place in October 2019, with the semifinals due in December and the final in February 2020.