The proposal to establish the European Boxing Academy was presented to members of the ruling body by EUBC President Franco Falcinelli, who has been spearheading the project.

Falcinelli told insidethegames the Executive Committee had "confirmed its interest in continuing the commitment to provide European boxing with a structure to promote its cultural and organisational growth".

insidethegames understands, however, that some members remain confused as to who exactly the academy, set to cost €2 million (£1.7 million/$2.2 million), would belong to.

A vote on the academy, which would act as a training centre for boxing in Europe, was held, but it merely reaffirmed the Executive Committee's previous support for the project and failed to end the current uncertainty surrounding it.

Falcinelli, an AIBA vice-president, has been pushing for the creation of the facility in the Italian hillside town of Assisi.

He has been met with opposition from sections of the EUBC Executive Committee in the past, but it was given the unanimous support of the ruling body in March.

Creating an academy has been discussed in the sport as far back as 2012, when the International Boxing Association initially lent its support.

But it remains uncertain as to whether it will ever be formally established.

According to the figures presented by Falcinelli at the meeting, seen by insidethegames, stakeholders including National and Local Governments and the Italian National Olympic Committee would provide €1 million (£834,000/$1.1 million) of funding.

The other €1 million would come from sponsors and "donations".