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Matthew Macklin says he will ‘fully comply’ with US sanctions against Daniel Kinahan

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EX-IRISH boxer Matthew Macklin has confirmed he will ‘fully comply’ with the US sanctions in relation to his old business partner Daniel Kinahan.

The pair founded MGM in 2012 and had a close relationship over the years – until Macklin ‘disposed’ of his stake in 2017.

15 November 2014; Matthew Macklin, left, exchanges punches with Jorge Sebastien Heiland, during their WBC International Middleweight title eliminator. Picture credit: Ramsey Cardy / SPORTSFILE
Daniel Kinahan at mgm gym. Left to right – Kevin Lynch and Marvin Herbert with Daniel Kinehan in red and Matthew Macklin in a suit.

Macklin has a high-profile boxing analysis and commentary job at Sky Sports and has only recently distanced himself from Kinahan.

A statement released to The Star read: “Matt Macklin disposed of his stake in MTK in 2017. Since then, he has had no commercial dealings with Daniel Kinahan.

“Like everyone at Sky Sports, he will fully comply with the US Sanctions.”

The statement comes after MTK Global  announced it would cease operations last week.

Kinahan, who co-founded the company, had a $5 million bounty placed on his head by the US government.

Their statement read: “As a business we have faced unprecedented levels of unfair scrutiny and criticism since the sanctioning by the US Government of Daniel Joseph Kinahan.

“It is a matter of public record that Mr Kinahan’s involvement in MTK ceased in 2017, and despite repeated reassurances in this regard, unfounded allegations about his ongoing association with us and our fighters persist.

“Since leading promoters have now informed us that they will be severing all ties with MTK and will no longer work with our fighters, we have taken the difficult decision to cease operations at the end of this month.

“MTK prospered because we always put the long term interests of our fighters at the heart of what we do.

“Our priority in the weeks ahead will be to ensure that our world class boxers are supported to find new partnerships as swiftly as possible.

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“MTK gyms are operated independently so will remain open for the ; foreseeable future. Further announcements will be made in due course. Thank you to all the fans who have supported us over the last decade.”

Source: Boxing - thesun.co.uk

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