Roberto Duran retires from ring

Panama's legendary boxer Roberto Duran, who won world titles at four weight categories during the 70s and 80s, has finally retired…

Panama's legendary boxer Roberto Duran, who won world titles at four weight categories during the 70s and 80s, has finally retired, press reported in Panama today.

Duran, nicknamed Hands of Stone such was his punching power, has now thrown in the towel for good after a glittering career and is planning a huge party to celebrate.

Duran was world champion at lightweight, welterweight, super-welterweight and middleweight between 1972 and 1989 with a record of 104 victories, 69 inside the distance, and 16 defeats.

He was the only boxer to beat American Sugar Ray Leonard and his box office appeal helped create what is retrospectively viewed as a golden era in the welterweight to middleweight categories.

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"I don't want to fight any more," Panama's most famous sportsman told the El Panama Americanewspaper.

On his future, Duran added: "I am quitting the ring and I want to be a boxing manager, film actor and singer of tropical music."

Duran's final fight was last July, at the age of 50, when he lost on points to Hector Camacho. AFP