MAYWEATHER TALKING TO INVESTORS ABOUT PACQUIAO FIGHT
By Ronnie Nathanielsz
PhilBoxing.com
Fri, 13 Jan 2012
Top Rank promoter says that while he ?cant figure out the (Floyd) Mayweather Jr situation? he knows that Mayweather is meeting a group of investors on a future fight against pound-for-pound king Manny Pacquiao.
Arum told the Manila Standard ?I know he is meeting with this group that said they would guarantee? a fight between the two biggest names in boxing today.
He said ?let's see what happens but this investors group has money.?
Arum has committed he would guarantee Pacquiao?s purse in a Mayweather fight but indicated Mayweather is searching for ?outside parties to guarantee his purse? which justifies his meeting with wealthy investors.
The Top Rank promoter said he believes that Mayweather calling out Pacquiao for a May 5 fight is mere posturing and that a fight in November is likely because ?it makes all the sense in then world.?
Arum said both Pacquiao and Mayweather want the fight to happen and that Mayweather?s actions and statements the past few days are actually helping hype a future fight.
With Robert ?The Ghost? Guerrero being removed as a possible Mayweather opponent on May 5 because of negative reactions to a fighter who is coming off a shoulder injury and who is merely a lightweight compared to Mayweather who is a welterweight.
Golden Boy Promotions CEO Richard Schaefer announced that Guerrero was out as an opponent while Arum said he learned they had decided to ?put the money up for (Saul ?Canelo?) Alvarez after initially refusing to pay Alvarez what he wanted.
Arum said ?they are just floundering around? and bluntly stated that while Miguel Cotto was also being considered as a possible opponent for May 5, ?they are not going to get him.?
The Top rank promoter conceded that ?they will do a little bit of business? by fighting Alvarez because the undefeated WBC light middleweight champion ?is alright.?
WBC president Don Jose Sulaiman told us earlier that Alvarez was not yet ready to take on a fighter of the caliber of Mayweather but said he thinks ?it will be a good fight.?
Pacquiao?s adviser Michael Koncz said that there was no change in their position regarding a fight with Mayweather and stressed ?we never agreed to May 5? although he did say that they had agreed on a 50-50 revenue split.
Koncz didn?t disclose whether this was agreed upon when he met privately with Mayweather in his Las Vegas Gym several weeks ago.
Meantime, Pacquiao his wife Jinkee and their children were taking a boat ride to an island off the province of Sarangani on the eve of his wife?s birthday celebration today (Friday.)
Click here to view a list of other articles written by Ronnie Nathanielsz.
Recent PhilBoxing.com In-House articles:
Thailand to host WBC 63rd Annual Convention in Phuket in November
By Gabriel F. Cordero, Wed, 30 Apr 2025Naoya Inoue vs. Ramon Cardenas Fight Week Events to Stream LIVE on Top Rank’s Social Media Channels
Wed, 30 Apr 2025Raymond Muratalla: "I’m Ready to Show Out on May 10!"
Wed, 30 Apr 2025Training Camp Notes: Undefeated Lightweight Kaipo Gallegos Prepares for Clash with Pedro Castaneda Castro on May 9 in Orlando
Wed, 30 Apr 2025“THE KING OF THE FOUR ROUNDERS” ERIC “BUTTERBEAN” ESCH TO ATTEND 2025 HALL OF FAME WEEKEND
Wed, 30 Apr 2025Action Summary Week Ending 28 April 2025
By Eric Armit, Tue, 29 Apr 2025Butler, Green Show Up on Rockets in 109-106 Win
By Teodoro Medina Reynoso, Tue, 29 Apr 2025Jerusalem Leads Five Pinoys in Ring's Ratings; Japan Dominates the Lower Weights Class
By Teodoro Medina Reynoso, Tue, 29 Apr 2025Dableo Second in Sydney Standard Tournament
By Marlon Bernardino, Tue, 29 Apr 2025Dreamland: Where Filipino Fists Lit Up San Francisco Nights
By Emmanuel Rivera, RRT, Mon, 28 Apr 2025IM Concio wins Victoria Sports Club Rapid Chess Tournament
By Marlon Bernardino, Mon, 28 Apr 2025Tapales bags WBC International Silver super bantamweight title
By Lito delos Reyes, Mon, 28 Apr 2025Boston, NY and Minnesota One Win Away; Push Orlando, Detroit and LAL on Brink
By Teodoro Medina Reynoso, Mon, 28 Apr 2025Sasaki Guns for Japan's First World Welterweight Title, Honor as Asia's Best Asian Boxing Nation
By Teodoro Medina Reynoso, Mon, 28 Apr 2025Raga beats Bañares in SBA Philippine Open, pockets ₱400,000 cash prize
By Marlon Bernardino, Mon, 28 Apr 2025