For many years Jack Culcay was the best German boxing had to offer. Now the former world champion is probably broke. Does he have to go back into the ring like many boxers before him?
Germany’s former boxing world champion Jack Culcay is apparently heavily in debt. As the trade magazine “BOXSPORT” reports, the Potsdam district court has opened insolvency proceedings against the 40-year-old.
Accordingly, the court opened insolvency proceedings over the assets of the former WBA light middleweight champion on September 17th under file number 670 IK 154/25.
The court probably asked the creditors to submit their claims by October 29th. The aim of the procedure is for Culcay to be released from its remaining debts and to be debt-free after the normal duration of the insolvency proceedings.
According to information from “BOXSPORT”, the boxing professional is heavily in debt. Culcay boxed for years under the banner of the Berlin Agon stable, for which he also works as a trainer. Culcay is said to have terminated the employment contract for no reason.
Culcay is in debt to his former promoter Agon for around 100,000 euros, and he is also said to have borrowed loans from friends in the boxing environment and not repaid them.
Boxing: Jack Culcay doesn’t actually want to box anymore
Culcay was last in the ring in April 2024 in Falkensee near Berlin. At that time he lost in a dramatic and high-class duel for the IBF light middleweight world championship belt against the Russian Bakhram Murtazaliev. Although he was clearly physically inferior, the German gave his opponent a bitter fight, which he lost in the eleventh round.
A little later, Culcay announced the end of his career, and shortly afterwards there was only talk of a break. Are his debt problems now forcing him back into the ring like so many boxers before him? Most recently, the former champion announced via social media that his active days were over, hinting at health problems following the Murtazaliev fight.
Culcay is still the last German amateur world champion, winning gold in Milan in 2009. In the same year he switched to the professionals, in 2014 he became European light middleweight champion, and a year later he won the WBA title in the limit of 69.85 kilograms.