Wrestling Financial News

Delhi High Court to handle the day-to-day activities of the wrestling federation was Monday resolved by the Indian Olympic Association (IOA) saying "there is no further need" of the panel following the withdrawal of the suspension on the WFI by the United World Wrestling (UWW), which has now got complete administrative control of wrestling in the country. The IOA said in an office order that, "The decision to dissolve the Adhoc Committee comes in light of the lifting of the ban on the Wrestling Federation of India (WFI) by the United World Wrestling (UWW) and the successful completion of Selection Trials by the Adhoc Committee appointed by the IOA as per the directives of the Hon'ble High Court of Delhi." "Consequent upon the aforementioned developments, there is no further need for running the activities of the WFI through an ad-hoc committee," the IOA said.

Vinesh Phogat on Monday made the cut for Asian Olympic Qualifiers in the 50kg category after being allowed to fight in an unprecedented two weight divisions during the trials where she held up proceedings for almost three hours. Phogat, who has been at the forefront of an emotionally-charged protest against former Wrestling Federation of India chief Brij Bhushan Sharan Singh after accusing him of sexual harassment, defeated Shivani 11-6 to book a place in the Qualifiers to be held in Bishkek, Kyrgyzstan from April 19 to 21. The 29-year-old is a two-time Olympian and an Asian and Commonwealth Games gold-medallist.

Mike Tyson will be getting back in the boxing ring. Nicknamed ‘Iron Mike’, the former world heavyweight champion, whose career was marred by issues in and out of the ring, will take on social media influencer turned boxer Jake Paul on July 20 in a match that will be streamed live on Netflix, the company announced last week. The bout, at AT&T Stadium in Arlington, Texas, will be the first fight for Tyson since 2020, when he and Roy Jones Jr., also a former world boxing champion, fought to a draw in an exhibition match. The event will be another step in Netflix’s aggressive push into live “sports-adjacent programming,” which has the potential to draw large audiences without the kind of investment that streaming games from professional sports leagues requires. The company recently reached a multibillion-dollar, 10-year deal for the exclusive rights to stream World Wrestling Entertainment’s flagship weekly wrestling show, “Raw.” The made-for-streaming boxing spectacle was brought about through a partnership between Netflix and Paul’s Most Valuable Promotions, the company he established in 2021 with Nakisa Bidarian to disrupt combat sports. He and Tyson will be paid about the same for the fight, but the parties would not reveal the amount. Paul, 27, began boxing in 2018 and has seen his star rise on his way to a 9-1 record.

WWE has struck a deal with YouTube stars Logan Paul and KSI’s beverage brand Prime that will see its logo featured on the center of a WWE wrestling ring mat

PTI. Punia suffered a crushing 1-9 defeat in the men's freestyle 65kg semifinal against Rohit Kumar. The following defeat was after he barely managed to win against Ravinder (3-3 on criteria) in the opening round.

Haryana was shot dead in his car in Jhajjar. According to a NDTV report, the liquor trader was shot dead outside Gulshan Dhaba's parking lot in Sonepat district at 8:30 am. The police have identified the deceased as 38-year-old Sunder Malik from Saragthal village in Gohana.

Wrestling Federation of India (WFI), which has been placed under suspension by the Centre, told the Delhi High Court on Thursday it will withdraw its circular on conducting selection trials for the Senior Asian Wrestling Championships 2024 and Asian Olympic Games Qualifier Wrestling Tournament. Taking note of the statement made by WFI's counsel, Justice Sachin Datta said the trials shall proceed as per the circular issued by the ad-hoc committee supervising the affairs of the Wrestling Federation of India. The ad-hoc committee of the WFI had issued a press release on February 9 saying it will hold the trials for the Asian Olympic Qualifiers (April 19-21) and World Olympic Qualifiers (May 9-12) on March 10 and 11 at Netaji Subhas National Institute of Sports, Patiala and Sports Authority of India (SAI) complex in Sonipat.

Leading British economic think tanks are warning that whoever wins the country’s general election this year will face some very tough choices on tax and spending if they want to make sure the public finances don’t deteriorate further

Ramsey Solutions personality Jade Warshaw on younger generations living with their parents, 'buy now pay later' risks and how to best diversify stock allocation.

Bajrang Punia, Vinesh Phogat, Sakshi Malik and her husband Satyawart Kadian seeking to set aside and declare as illegal the elections held by the Wrestling Federation of India (WFI). The petition by the wrestlers, who were at the forefront of last year's protest at Jantar Mantar here demanding the arrest of former WFI chief Brij Bhushan Sharan Singh for the alleged sexual harassment of seven women grapplers, is listed for hearing before Justice Sachin Datta. The plea contended that the WFI elections, held on December 21, were in blatant violation of Sports Code and sought a direction to the federation to «cease and desist» from undertaking any activity pertaining to the sport of wrestling. «The present Writ Petition is being filed by the Petitioners inter alia assailing, challenging, and seeking directions against the illegal action of the suspended Wrestling Federation of India conducting selection trials for the Senior Asian Wrestling Championships 2024 and Asian Olympic Games Qualifier Wrestling Tournament notified through its circular Dt. 26.02.2024 against the directives of the Ad-Hoc Committee for Wrestling Federation of India,» the petition said.

WrestleMania 40 is nearing and WWE fans are curious to know whether 'Stone Cold' Steve Austin will make an appearance in the grandest stage or not. The rise in speculations were seen especially after the return of 'The Rock' Dwayne Johnson. So far there has been no official word from either WWE or 59-year-old «Texas Rattlesnake», as per dexerto report. Fans will be hoping that just like The Rock, they will be able to witness one of the top superstars of the attitude era in the ring.

WWE 2K24, wrestling fans are eager to know which superstars and legends will be featured in the game. With the 40th edition of WrestleMania approaching, 2K has promised a roster packed with stars like John Cena, Roman Reigns, and Shawn Michaels.

prolonged illness. The nature of the illness remains unknown at the moment. A report by the news platform Navbharattimes, Suhani Bhatnagar suffered an accident in which her leg was fractured.

A new survey from Totumai, a technology firm dedicated to enhancing advisor-client communications, offers a fresh perspective on the shifting financial advisory landscape, particularly with respect to using generative AI.

Sakshi Malik and Bajrang Punia on Wednesday alleged that national federation chief Sanjay Singh used devious means to get the suspension on WFI lifted by United World Wrestling (UWW) and threatened to restart their agitation against the body. The UWW on Tuesday lifted the provisional suspension on India but directed the national federation to provide written guarantees that there would be no discriminatory action against the protesting trio of Punia, Malik and Vinesh Phogat. The suspension was imposed by UWW in August last year after the WFI failed to hold elections in time. Punia, Malik and Phogat have been protesting for more than a year, demanding the arrest of former WFI chief Brij Bhushan Sharan Singh for allegedly sexually harassing women grapplers.

United World Wrestling, the world governing body for wrestling on Tuesday lifted the suspension on the Wrestling Federation of India with immediate effect. This means that Indian wrestlers will be able to compete under their national flag at the next UWW event. Under the suspension, the Indian wrestlers had to compete under a UWW flag. UWW had placed the WFI under provisional suspension on August 23 last year after the Indian body failed to hold an election in due course.

Pioneer Showdown on Friday night, two collegiate wrestling powerhouses, Penn State and Iowa, clash in a battle between two of the top three teams in the latest NCAA rankings. Penn State (8-0) enters the showdown with momentum, riding a three-meet winning streak capped by a dominant 28-9 victory over Ohio State. Under the leadership of Coach Cael Sanderson, the Nittany Lions have shown resilience, extending their winning streak against Ohio State to nine matches while showcasing their prowess on the mat with a remarkable 23-3 overall edge in takedowns.

Wrestling icon Vince McMahon has resigned from WWE’s parent company

Ad-Hoc Committee for Wrestling Federation of India (WFI) Wednesday announced to organize the National Championships for the U-15 and U-20 categories within the next six weeks at Lakshmibai National Institute of Physical Education (Gwalior) after a protest by junior wrestlers at Jantar Mantar demanding the dissolution of the IOA-constituted committee. "The (ad-hoc) committee acknowledges the concerns raised by the young wrestlers (during the protest) and is committed to addressing the issues.

A team of 13-member Indian wrestlers will represent the country in the upcoming Zagreb Open ranking series, the first world ranking tournament in Croatia. The announcement was made by the new Chairman of the Ad Hoc Committee Bhupinder Singh Bajwa, who was recently appointed by the Indian Olympic Association (IOA) to oversee the day-to-day conduct of wrestling affairs in the country. The wrestling competition is scheduled between January 10-14. 

national wrestling camps for men and women will commence in Sonepat and Patiala respectively from February 9, according to the IOA-constituted ad-hoc committee for the sport here on Monday. With the Asian Olympics Qualifying and World Qualifying tournaments around the corner, the camps will begin almost immediately after the conclusion of the senior National Championships in Jaipur on February 5.