Beterbiev vs. Barrera : a purse bid will occurPRESS RELEASE

MONTRÉAL September 23, 2015–A purse bid will take place October 5, at the chief office of the International Boxing Federation (IBF) in Springfield, New Jersey, for the IBF light heavyweight elimination fight between Montrealer Artur Beterbiev (IBF #2) and Cuban Sullivan Barrera (IBF #8).
Under the rules of the IBF, the minimum bet is 100,000 $ for this bout.
Revenue sharing will benefit Beterbiev (9-0, 9 KOs) at a ratio of 75/25, since he is the highest ranked contender and has already won a IBF eliminator to earn his #2 spot.
“It is shocking that we have to go to the purse bid, because according to the promoter of Barrera (Kathy Duva), he can not enter Canada,” said GYM President, Yvon Michel.
“Should GYM win the auction and Barrera can not come to Canada, we will have to resume the process.”
Whatever if Barrera (16-0, 11 KOs) will be there or not, Beterbiev will see action soon.
“We intend to win the purse bid and to give Artur a fight in Quebec, in November, regardless of the opponent,” assured Yvon Michel.