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GOLDEN BOY ISSUES OFFICIAL STATEMENT!

By Salven L. Lagumbay
PhilBoxing.com
Thu, 23 Nov 2006

LOS ANGELES--Hereunder is the official statement of Oscar De la Hoya's Golden Boy Promotions, as relayed by GBP vice-president Eric Gomez to Philboxing.com and Mannypacquiao.ph:

This is to confirm that Golden Boy Promotions has filed a lawsuit in Los Angeles against Top Rank for tortuous interference with Golden Boy's existing, fully negotiated and executed promotional agreement with Manny Pacquiao.

Manny's attorney negotiated, reviewed, initialed and signed the agreement together with Manny.

We believe that Manny has been ill advised to enter into another agreement. ?We believe further that Manny's advisors Michael Koncz and Wakee Salud and his attorney Franklin Gacal have conspired against Golden Boy and induced Manny to breach his agreement. ?As a result follow up lawsuits against these three individuals are currently being prepared and will be filed shortly.

We are hopeful that Manny Pacquiao will recognize that he has surrounded himself with individuals which clearly do not have his best interest at heart and will come to the conclusion that the right thing to do is to honor the agreement he has entered with Golden Boy Promotions. ?Golden Boy is proud to have Manny as part of its team and we are looking forward to bring Manny the best, biggest and most lucrative fights going forward. ?The President of Golden Boy Promotions, Oscar De La Hoya, would be pleased to sit down man to man and fighter to fighter with Manny and put this unproductive and unnecessary situation behind us and discuss with Manny his next fight.


Eric Gomez


Click here to view a list of other articles written by Salven L. Lagumbay.

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