Dennis Hobson promoted English Bantamweight Jamie McDonnell to British, Commonwealth, European and World honours.
McDonnell, who recently announced his split from Hobson, was notified by the IBF that he would be stripped of his title for failing to agree terms to face his mandatory contender.
Dennis Hobson promotions have issued the following statement;
"We understand that the IBF have vacated Jamie McDonnell’s title as Bantamweight Champion because he failed to comply with a Resolution of the IBF Board of Directors.
"It is sad that Jamie McDonnell has been stripped of his World Title, especially when, in partnership with Dennis Hobson Promotions, he was able to achieve his boxing ambitions and become world champion at the Keepmoat Stadium in Doncaster on 11 May 2013. It was a fabulous night for Jamie, for his team, and for British boxing, and we were particularly pleased when Jamie was gracious enough to say that he would not have become world champion without the team at Dennis Hobson Promotions.
"Unfortunately, in recent weeks Jamie has allowed third parties to influence him, to advise him and to make representations on his behalf - without any reference to us. This is in clear contravention of the contractual relationship he has with Dennis Hobson Promotions. The consequences of such unauthorised influence, advice and representations by these third parties have obviously, with today’s news, been catastrophic for Jamie."
No further comment will be made by Dennis Hobson Promotions at this juncture.