Thursday, June 05, 2008

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Holyfield Estate In Foreclosure

FAYETTEVILLE, Ga., June 5, 2008
(CBS/AP) Former heavyweight boxing champion Evander Holyfield appears to be having financial problems, WGCL-TV in Atlanta reports.

A legal notice that appeared in a local newspaper showed his Fayette County estate is under foreclosure. The home worth an estimated $10 million is set to be auctioned by a bank on July 1.

The mother of one of Holyfield's nine children said he has missed two child-support payments. Toi Irvin, who lives in Clayton County, filed a petition for contempt in Fayette County Superior Court on behalf of her 10-year-old son.

Irvin said she was told by Holyfield's representatives not to expect the payment for May and June totaling $6,000.

Holyfield, 45, has declined comment on the child-support allegations and the foreclosure.

Holyfield last fought on Oct. 13, 2007, when he lost to Sultan Ibragimov in a fight for the World Boxing Organization title. Holyfield refused to retire after the fight.