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SCHAEFER SAYS HE ISN’T WORRIED ABOUT ARUM

By Ronnie Nathanielsz
PhilBoxing.com
Sun, 01 Apr 2007

Golden Boy Promotions CEO Richard Schaefer says he is “not really worried” about (Bob) Arum, the Top Rank Promoter with whom Golden Boy Promotions is engaged in a legal battle over promotional rights of Filipino ring idol Manny Pacquiao.

In an overseas telephone conversation with Viva Sports/Manila Standard Today, Schaefer said he doesn’t have the time to bother about the Top Rank promoter adding that Arum has “a lot of time because he really has not much left.”

Answering a question on the legal battle with Top Rank, Schaefer said “I am not dealing with it anymore. Its in our attorneys hands and I just told them this is your show not my show, I want to win that case. I believe in what is right is right and we have done nothing wrong.”

The Golden Boy Promotions CEO said “the future is ours. We are young and we have great fighters.” Schaefer also said that Golden Boy has the top boxing network HBO and “everybody behind us.”

He said Arum “knows that and that’s why he is desperate.” Referring to Arum’s statements to boxing writer Steve Kim deriding Schaefer as a Swiss banker. In that interview Arum was quoted as saying “I will never forget the Swiss bankers during the second world war. What they did to my people” said Arum whom Kim described as the biggest Jew to come out of Harvard.

In response Schaefer told us “that’s his (Arum’s) way to fight. This guy has really become a joke.”


Click here to view a list of other articles written by Ronnie Nathanielsz.

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