Wednesday, 23 June 2010

Mega-fight decision is near – Arum -- Manila Bulletin

Manila Bulletin

Whether the November 13 super fight between Manny Pacquiao and Floyd Mayweather will happen will be known in the next few days, Hall of Fame promoter Bob Arum said Wednesday afternoon.

Boxing Promoters: Oscar de La Hoya, Bob Arum, Don King, Théodore Vienne, Mike Jacobs, Jimmy Burchfield, Sr., George Kennedy, Truman Gibson“We will have a resolution to this within the month,” Arum said from San Antonio, Texas, where he is promoting a card this weekend starring Julio Cesar Chavez Jr., now being trained by Freddie Roach.

Arum didn't even sound alarmed that the red-letter day is less than five months away.

“Patience, patience, patience,” said Arum, who has been in the thick of negotiations with Golden Boy Promotions (GBP) regarding what is expected to be the richest fight in boxing history.

Owned by Oscar De La Hoya, GBP is representing Mayweather in the negotiations that also involves GBP Chief Executive Officer Richard Schaefer and Top Rank president Todd DuBoef, who is Arum's stepson.

It is widely believed that the purse split and the Olympic-style drug testing are the main talking points in the talks.

Pacquiao remains firm that he will not agree to a 60-40 percentage split in favor Mayweather since he has already made a concession by agreeing to be tested randomly until 14 days before the fight.

Source: mb.com.ph

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