My heart is no longer in it: Boxing promoter Frank Maloney quits after 30 years
FRANK MALONEY has announced his retirement from all professional boxing after more than 30 years in the sport as a manager and promoter.
Maloney told www.frankmaloney.com: "For the last year I have gradually fallen out of love with boxing and my passion has been missing.
"I did much soul searching over the summer and my heart is no longer in the sport that I loved so much."
Maloney, who became a household name in the 1990s when he managed Britain's world heavyweight champion Lennox Lewis, revealed a visit to David Price's gym earlier this month convinced him the time was right to retire.
He explained: "If I continued as his promoter it would be unfair as I cannot give the commitment and love for the sport that is needed to get his career back on track.
"When I saw him in the gym last week it was my first visit to one for months and I no longer got the buzz I used to get.
"The sport has changed so much over the last few years. So many boxers listen to the last person they meet - and trainers who give time but invest no money into the sport are afforded too much power.
"It has also been a tough time for me personally and I feel a lot more at ease with myself by reaching this decision.
"David understands my decision as do the other fighters I look after including British cruiserweight champion Jon Lewis Dickinson."
Maloney, who also promoted David Haye when he became world cruiserweight champion and promoted dozens of British, Commonwealth, European and International champions, continued: "I would like to thank everybody in boxing who has given me so much support in the sport over the years.
"I learnt the trade from some great people, but a special mention must go to the late American fight promoter Dan Duva."
"Although I loved the Lennox years the heavyweights I loved being around were characters like Julius Francis and the late James Oyebola."
Maloney, who plans to split his time between Kent - where his three daughters live - and Portugal, believed the night in 2000 when another of his fighters, Paul Ingle, suffered a career-ending injury was the beginning of the end.
Featherweight Ingle was dumped to the canvas by Mbulelo Botile and was removed from the ring on a stretcher. He was taken to hospital where he underwent surgery to remove a blood clot from the brain and was forced to retire from the sport.
Maloney said: "When I reflect back I honestly believe I started falling out of love with boxing when Paul suffered his accident in 2000."
He also took time to praise fellow promoter and great rival Frank Warren, saying: "Throughout my career in boxing I have had a love-hate relationship with Frank Warren but I have nothing but respect for him and I leave this sport as a friend.
"I wish Frank and BoxNation ever success. Without BoxNation the sport could be in serious trouble."