Following a statement released today by Paul Smith on social network site, Twitter, claiming that he has terminated his Agreements with Frank Warren and his companies, his registered manager Frank Warren has issued the following statement:
"Paul Smith has an existing and binding ’Approved Boxer/Manager Agreement’ in place with me and also an exclusive Promotional Agreement with Queensberry Promotions Ltd. He has no grounds toterminate either Agreement and neither has he even sent a letter of termination to Queensberry Promotions Ltd. However, if he feels he does have grounds, the procedures he must follow are clearly set out in both Agreements.
I am particularly disappointed by Paul Smith’s behaviour as he has never contacted me to express any discontent whatsoever despite being managed by me for 10 years, 36 contests and two reigns as British Champion. I have always enjoyed an excellent relationship with him."
Needless to say, Mr. Warren will defend his rights as the manager and Queensberry Promotions Ltd as the exclusive promoter of Mr. Smith.
Mr Smith Agreed terms to box on 7th December against Luke Blackledge at the Echo Arena and sanction for the bout and properly executed agreements by the registered managers of both Boxers have been lodged and accepted by the BBBofC. Should Mr Smith not fulfil his obligations then needless to say further action with be taken to seek substantial damages.