LONDON, Oct 8: Brain-damaged boxer Michael Watson was told in the High Court here Monday he will receive no more than $588,000 compensation in settlement of a damages claim worth up to $3.7 million.

The 36-year-old super middle-weight was struck down at the peak of his career by catastrophic head injuries sustained as a result of his WBO world championship bout against Chris Eubank in September 1991.

Two years ago, the High Court ruled that British boxing’s governing body, the British Boxing Board of Control (BBBC), breached its duty of care to Watson because ringside resuscitation facilities were inadequate.

The settlement of Watson’s case against the BBBC was said to be the best that could be achieved in view of the cash-strapped board’s lack of assets and the fact that it was uninsured.—Reuters