Sources reveal that the BUI are currently investigating accusations of no- payment to fighters and unsuccessfully attempted to hold a disciplinary meeting with Assassin boss Kaz Evans late last month.
As things stand, Assassin are just suspended from promoting in Ireland under the Boxing Union of Ireland banner, but that suspension could be upgraded to a ban before the month is out.
If, after the BUI investigation, a ban is handed out, Assassin will also be banned by the European Boxing Union and every national authority under this banner.
Furthermore, the Irish licensed fighters in their stable will have their contracts returned.
It’s alleged the promotional and management company owe one particular Irish fighter a five figure sum, while others are owed money.
Assassin have been on the scene in Ireland for just short of two years. They have been involved in what appeared to be a number of successful promotions alongside other promotional outfits. They had two sole promotions in the ‘Rise Again’ card at the National Basketball Arena in October and the ‘Homecoming’ card in Mayo last December.
The last show they were involved with was the extremely well-received ‘Clash of the Titans’ card, which they worked alongside Boxing Ireland on.
The promotional outfit have also been credited with helping to bring Irish boxing back to terrestrial television via TG4.
Their Last Man Standing show – which was run with Red Corner and wasn’t void of its own financial controversy – ‘Homecoming’ and the ‘Clash of the Titans’ cards were all TV successes.
However, Irish-Boxing.com believe they are on the brink of being banned from promoting.
Rumours around non-payment to certain boxers have been increasing in recent months and it looks to has come to a head with the BUI reported to be taking action.
Irish fighters aligned to Assassin at present are the likes of Victor Rabei, the McDonagh brothers JJ and Paddy, Craig McCarthy, Dylan Moran, Paddy Nevin and Vladimir Belujsky, Francy Luzoho, and Mathew Fitzsimons.