Khan parts company with Vali

  • Last Updated: July 30 2013, 16:06 BST

Amir Khan has parted company with long-term business manager Asif Vali by mutual consent.

Amir Khan: Thanks Asif Vali for his hard work
Amir Khan: Thanks Asif Vali for his hard work

Vali, a minibus company owner from Bolton, has been a central figure in Khan's management team since the 26-year-old turned professional.

He departs Premier Consultancy UK, the sports management company founded in 2005, after overseeing Khan's business affairs for the past eight years.

"I would like to sincerely thank Asif for all his hard work and wish him the very best for the future," Khan said.

Khan won two world titles while working alongside Vali, but lost his WBA and IBF light-welterweight belts with successive defeats to Lamont Peterson and Danny Garcia.

The Olympic silver medalist is hoping to regain a version of the world title against IBF welterweight champion Devon Alexander with negotiations over a contest later this year ongoing.

Vali has been criticised in the past for way he has handled Khan's business affairs, most notably by Matchroom promoter Eddie Hearn in the build-up to the victory over Paul McCloskey in 2011.

"I would like to wish Amir and his family the very best for the future," Vali said.

"I have enjoyed my time working with them and plan to remain in boxing as I explore new exciting ventures."

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