New Delhi: Boxer Vijender Singh finds
himself in a tug-of-war with the sports management firm that
has been looking after his interest questioning the legality
and morality of the boxer's multi-crore deal with another
company.
Reacting to Vijender's deal with Percept, the Infinity
Optimal Solutions Pvt Ltd said in a statement that it is
dismayed and amazed at the news since the Haryana boxer is
still contractually and legally bound to IOS for the next six
years.
"IOS wishes to clarify and categorically state IOS has
signed an exclusive Client Representation Agreement with
Vijender Singh on September 15, 2005 for a period of 10 years
(till September 2015). With the signing, IOS holds the
exclusive rights to represent him in all the commercial
possibilities that can emanate from such a relationship," the
company said in a statement.
"Vijender's association with IOS is a well known fact and
if these claims are held to be true then it is unethical on
the part of Percept to approach a sportsperson already under
contract with some other company," it said.
"I am shocked to hear the news. We have supported him
financially and more than that motivationally when no one
looked at him and now if he is doing this for money it is very
unethical of Vijender to have done something like this, also
illegal if this is the case," Neerav Tomar, CEO of IOS said.
Earlier today, Olympic bronze medallist became the first
Indian boxer to ink a multi-crore deal with a Sports
Management firm, signing up with Percept to promote adventure
sports.
"We are taking him on board. It is beyond endorsement,
which is just a small pie. We want him to partner us in
promoting adventure sports," Percept's Joint Managing Director
Shailendra Singh told PTI from Mumbai.
Vijender may do TV shows as part of the agreement with
Percept.
Bureau Report
First Published: Friday, September 11, 2009, 22:55