The story is detailed in full by Tom Degun on the Olympics specialist website insidethegames.biz
Due to Team GB's unprecedented medal success at London 2012 which saw the home nation finish top of the sport's medal table with five successes including three golds, boxing was one of the biggest winners in UK Sport's Rio 2016 funding announcement in December. It received £13.8 million for the 2013-2017 cycle compared to the £9.5 million it was given for 2009-2013, equating to a 44.5 per cent increase in funding - more in percentage terms than any other sport.
However, boxing has been put on a one-year probation, meaning it is only guaranteed the first year of the four-year funding (around £3.45 million) mainly because two of the Home Nations - Scotland and Wales - refuse to accept a number of key changes that were recommended by a sub-group of the BABA Board.
The changes have been approved by UK Sport but Scotland is now refusing to accept the BABA as their ruling body and have called for an EGM later this month, and will reportedly push for the removal of BABA chair Derek Mapp.
Read the original article on news.boxrec.com