Trainers warn Simphiwe Vetyeka to pay up or lose his car, IBO belt

2014-03-11 14:54

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Simphiwe “V12” Vetyeka’s former trainers have accused the South African dual world champion of not paying his debts.

The World Boxing Association (WBA) and International Boxing Organisation (IBO) champion’s car is under threat after his ex-trainer, Elias Tshabalala, said he would repossess the car that is registered in his name.

City Press was told by a reliable source that the East London boxer had a R25 000 outstanding loan with Tshabalala.

The trainer confirmed he had sent his lawyers to reclaim the car, but refused to reveal the amount due to him.

“I have instructed my legal team to take back that car, which is registered in my name,” he said.

Tshabalala said he had no beef with Vetyeka (33) – all he wanted was what was due to him.

The boxer hit back, accusing Tshabalala of keeping the money he was supposed to pay to his former promoter, Rodney Berman, on Vetyeka’s behalf.

Vetyeka said: “I do not owe Elias a cent. In fact, he must tell you about the money I gave to him to repay my loans with Berman, which he never did.”

But he confirmed that the car was registered in Tshabalala’s name because he did not have a driver’s licence.

“I bought that car for R54 000 from my pocket in Elias’ presence. Besides I’ve got more money than him,” he said.

Meanwhile, Vetyeka’s IBO belt is in the possession of his other former trainer, Nick Durandt, who claims the boxer owes him R40 000 for a loan.

Durandt says he will hold onto the flashy belt until Vetyeka pays up.

Vetyeka said Durandt was the one owing him money after his sponsorship money never saw the light of day.

He has accused the two trainers of being jealous of his success outside their camps.

“These people are on a mission to destroy my career but they will not succeed,” he said.

“I challenge Elias to take me to court if he believes that my car is his. As for Nick, it’s sour grapes because I left him and went on to become a dual world champion.”

In the past two years, Vetyeka has been under three different training camps with money squabbles at the centre of the endless floor-crossing.

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