Sports

Floyd Mayweather to lose his Bugatti and Ferrari after failing to pay $2.4million to a Nigerian company

Published

2 months ago

November 2, 2024

A court in California, USA, has ordered legendary boxer Floyd Mayweather to pay $2.4 million to Nigerian company Zzini Media Concept Limited after being found guilty of breaching an agreement to make promotional visits to African countries, including Nigeria.

According to multiple reports in the Nigerian media, Mayweather was also found guilty of fraud by the California Court of Appeal.

The case centers on a deal between Zzini Media Concept and Mayweather, which required him to make several visits to Africa, beginning with a trip to Nigeria in June 2017.

Mayweather, however, failed to fulfill his part of the agreement, leading the company to pursue reimbursement through legal channels.

Mayweather’s team reportedly argued that, since the company was not based in the US, it lacked the authority to compel payment. Nevertheless, Zzini Media Concept filed a lawsuit in a lower court, where they prevailed.

The court ordered Mayweather to pay $1,638,542 in damages, $721,881.32 in prejudgment interest, $16,270 in attorney fees, and $285 in court costs.

Despite Mayweather’s appeal, the California Court of Appeal upheld the lower court’s ruling on August 27, 2024.

In response to the court’s decision, Alex Nwankwo, an executive at Zzini Media Concept, stated that the company’s victory stemmed from a strong case. He explained, “After several unsuccessful attempts to recover the appearance fees, the company filed a legal action against Mayweather in 2018, alleging breach of contract, unjust enrichment, and fraud.”

“We are grateful that two courts have granted Zzini Media Ltd’s request to impose sanctions against Mayweather,” the statement continued.

Mayweather has reportedly refused to pay the amount, prompting the court to issue a fresh order targeting his assets, specifically his 2015 Bugatti GSV or his 2015 Ferrari LaFerrari Aperta.

The company’s statement further noted, “We have already defeated Mayweather and his attorneys numerous times in these proceedings, so the enforcement of the judgment will proceed. Our forensic investigators have also uncovered substantial assets indicating that Mayweather has been overstating his net worth.”

Source: www.ghanaweb.com

Sports

Arsenal’s top coach not happy over Bukayo Saka’s injury

Published

14 hours ago

December 22, 2024

Naijablitznews

Arsenal’s coach Mikel Arteta admitted he was “pretty worried” over an injury suffered by star winger Bukayo Saka in Saturday’s 5-1 win over Crystal Palace.

Saka, who was forced off midway through the first half, was seen on crutches leaving Selhurst Park after a game which saw the Gunners move to within three points of Premier League leaders Liverpool.

“He (Saka) felt something in his hamstring,” Arteta said.

“He couldn’t continue. He will have to be assessed, so I’m pretty worried about that one.

“It’s very difficult to give a prognosis now. They have tested him inside but it’s very difficult to say how bad it is.”

He added: “Unfortunately with the amount of games that we are playing, every three days with this schedule, it doesn’t surprise me, but the team will react to that.”

Arsenal next face struggling Ipswich on Friday, Brentford on New Year’s Day and Brighton just three days later in the holiday fixture programme.

Sports

JUST IN: Oleksandr Usyk defeats Tyson Fury in rematch to retain his unified heavyweight world titles

Published

20 hours ago

December 22, 2024

Austin Ojomah

Having inflicted a first career defeat on Briton Fury by split decision in May, Usyk’s astuteness and will to win once again prevailed at Riyadh’s Kingdom Arena – and he retained his WBA (Super), WBC and WBO titles.

These prove his status as a generational great with another close points win in their rematch in Saudi Arabia.

Fury, 36, found success in the first half of the fight. Some of the more eye-catching shots came from the Morecambe fighter, but the volume of punches and cleaner work were from Ukrainian Usyk.

All three judges scored it 116-112 to the 37-year-old champion.

Usyk, an Olympic gold medallist and former undisputed cruiserweight champion, extended his undefeated record to 23 pro wins.

“He [Tyson Fury] is a great fighter, he is a great opponent. An unbelievable 24 rounds for my career. Thank you so much,” Usyk said.

Two-time world champion Fury has only ever lost to Usyk, his two defeats the major blemishes on a record also consisting of 34 wins and one draw.

Fury left the ring without conducting an interview, before IBF world champion Daniel Dubois climbed in and called for a rematch with Usyk.

A visibly frustrated figure in the moments after the scorecards were read out, Fury said backstage he was convinced he won the fight by “at least three rounds”.