Boxing management company MTK Global have announced they will cease operations at the end of the month following the US Government sanctions on founder Daniel Kinahan.
Last week, the US announced a $5million reward for for information on the Kinhan gang leading to the arrest and conviction of its leaders; Daniel Kinahan, Christy Kinahan Senior and Christy Kinahan Junior.
In a statement released today, MTK Global said "unfounded allegations about (Daniel Kinahan's) ongoing association with us and our fighters persist".