Ghana Boxing Authority announces Welfare Fund for retired boxers

The Ghana Boxing Authority (GBA) has announced the creation of a welfare fund aimed at addressing the plight of retired boxers, many of whom have fallen into poverty and neglect after years of representing the nation on the global stage.

The announcement comes in the wake of recent media attention on the struggles of former champions, including the widely circulated feature “Forgotten Champions: The Harsh Reality of 
Ghanaian Boxers After Retirement” and calls by former IBF welterweight champion Joshua Clottey for government and promoters to prioritize boxer welfare.

Speaking at a press briefing in Accra on Thursday, GBA President, Abraham Kotei Neequaye, said the fund will provide financial support, medical assistance, and career transition programs for both retired and active fighters. “Our champions brought glory to Ghana, and it is our responsibility to ensure they are not abandoned after their careers. This welfare fund is the first step in giving back to the men and women who gave everything for the sport,” he said.

The initiative, according to the GBA, will be financed through contributions from promoters, sanctioning bodies, corporate sponsors, and a percentage of fight purses. Plans are also underway to collaborate with the Ministry of Youth and Sports to secure government backing.

Clottey, who recently urged authorities to establish a pension and healthcare system for fighters, welcomed the development. “This is the news we’ve been waiting for. Our heroes deserve dignity after retirement. I hope the GBA and government will follow through and make this fund sustainable,” he said.

The fund is expected to roll out in phases, with initial beneficiaries being Ghana’s former world champions, including those struggling with health and financial challenges. The GBA also hinted at the introduction of financial literacy programs to help active fighters prepare for life after boxing.

For decades, Ghana has produced world-class champions such as Azumah Nelson, Ike Quartey, and Joseph Agbeko, but many of these boxers have publicly lamented the lack of support after retirement. The welfare fund, stakeholders say, could mark a turning point in ensuring fighters’ sacrifices are honored beyond the ring.