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The IBF and WBA champion had been scheduled to face his mandatory challenger at Cardiff’s Principality Stadium on October 28 and in front of a near-80,000-strong crowd, with over 70,000 tickets already sold.

Sir Adebutu, who also sponsors a teenage women’s tournament, delivered the cheque for the amount to Super Eagles’ Technical Adviser, Gernot Rohr, at the Agege Stadium, Lagos on Sunday during the men’s final of this year’s AITEO Cup competition.