Advertisement
Advertisement
Boxingscene.com

Mayweather-Pacquiao: UAE Group Make Huge Offer

An investment group from the United Arab Emirates has made an offer to Floyd Mayweather Jr. and Mayweather Promotions to fight Manny Pacquiao during the first half of 2015.

Long-time boxing executive M. Akbar Muhammad, one of the principals in the group, has made an offer of $110 million, by far the largest in the history of boxing.

“I’ve been instructed by the group to do whatever it takes to bring this long-awaited and eagerly anticipated fight to fruition,” said Muhammad.  “There’s absolutely no doubt that each fighter, individually, will receive more money than any other boxer has in the past.

“The combined purses offered are approaching $200 million,” said Muhammad.  “And, rest assured, we have the resources to do just that.”

In addition to receiving a record-setting purse, Mayweather Promotions, LLC will be the lead promoter of the event and a partner with the investment group, said Muhammad.

Muhammad added that he and the group desire an on-going relationship with Mayweather Promotions.

"We want to be a part of Mr. Mayweather’s historic march to 50-0, no matter where the fights may take place, “said Muhammad.

“We also envision that future fight cards in this part of the world, regardless if Mr. Mayweather fights on them or not, will be done with Mayweather Promotions as the lead promoter,” continued Muhammad.

“There is no ambiguity nor conjecture about the ability and motivation of this group,” said Muhammad.  “That’s evidenced by the purse amount and the promotional involvement.

“The funding is in place, and because of this and the group’s unique and distinctive make up and backgrounds, it has emerged as the leading and most serious group striving to secure the bout,” said Muhammad.  “All this is the result of three years of effort on the part of many persons.”

The date of the card is expected to be during April or May of 2015.

Various elements pertaining to the card, including marketing, infrastructure and the undercard bouts, among others, are under discussion with the involved parties, said Muhammad.

Ancillary events in association with the card will include a live concert plus a tribute to Muhammad Ali, who has Tweeted, “This is a fight I want to see.”

Several functions to benefit non-profit organizations and charitable foundations also are scheduled.

“We are committed to creating a week-long event on an international stage, the magnitude of which has never been seen,” said Muhammad. 

Muhammad, president and chief operating officer of Akbar Productions, LLC of New Jersey, has extensive experience in all phases of boxing.  He has managed five professional world champions; guided two Olympic gold medalists; and produced world championship, internationally televised boxing cards in more than one dozen countries.

“I began my boxing career working with Muhammad Ali, the greatest of all time,” said Muhammad.  “Now I’m coming full circle, hopefully, to work with Floyd Mayweather, the best ever.”

User Comments and Feedback (Register For Free To Comment) Comment by 143629 on 12-05-2014

It can happen. If this fight is outside of the U.S. then the fighters will be able to keep most of the fight money without being taxed to death. That would be a bigger pay day for both fighters right?

Comment by Lou Cipher on 12-02-2014

[QUOTE=StillHereBro;15140801]When you add the De La Hoya and Maidana fights to that it loses all credibility. You have an argument with Castillo but anyone who can score a fight knows Floyd beat Both Chino and Oscar quite handily on the…

Comment by strykr619 on 11-30-2014

[QUOTE=doobear;15144470]Truth hurts no one talks of pac being close to the greatest hes not even in the conversation.[/QUOTE] I know right they only talk of him being the future President of a Country and a cultural icon to a third…

Comment by BrushMyCage on 11-30-2014

#fightbobbypacquiao

Comment by woopwoop on 11-30-2014

#fightpacquiao

Post a Comment - View More User Comments (171)
Top Headlines Parker's Trainer: Dimitrenko is Bigger Challenge Than Haumono Tommy Langford-Sam Sheedy For Vacant British Belt, Oct. 22 Lou DiBella, Gary Shaw Fire Back at Jose Pedraza's Manager Duva: 'Modest Aspirations' For Kovalev-Ward PPV Performance Mayweather Sr: If Pacquiao Lost To Floyd Again, He'd Claim Injury Roach Will Have Pacquiao, Zou Shiming Spar as Bouts Near Parker's Title Prospects Increase as WBO Pressures Tyson Fury David Price vs. David Allen Clash in Play For October 15 Photos: Joseph Parker, Alexander Dimitrenko - Go Face To Face Miguel Cotto Return Targeted For February at Barclays Center Jose Ramirez: Pacquiao is Very Strong, Very Fast in Sparring Cecilia Braekhus Achieves Dream of Headlining on Home Soil Arum Rips: Golden Boy's Flat Fee Offer To Golovkin is Bullsh*t! Video: Bob Arum on Pacquiao Card, Future of PPV, More Estrada's Promoter Expects Chocolatito To Get KO'd in Rematch Photos: Mike Lee, Chris Traietti - Go Face To Face in Chicago Yordenis Ugas Demolishes Bryant Perrella in Four Rounds Magdaleno Confident of Making 122, Feels Donaire Has Aged Video: Pacquiao vs. Vargas Undercard Press Conference Jacobs' Trainer: Danny Not Afraid, He Will Curdle Golovkin's Milk! Donnie Nietes Feels Good at 112, Eyes WBO World Title Shot Ashley Theophane Tops Mayweather Promotions Card on Oct. 8 Photos: Nonito Doniare, Jessie Magdaleno - Go Face To Face Tyson Fury Will Be Back, Getting Help - Says Trainer Peter Fury Braehmer Will Have His Eye on Kovalev vs. Ward Winner Oscar Valdez Vows To Put on a Show on Pacquiao vs. Vargas Vasyl Lomachenko vs. Nicholas Walters Deal in Place, Nov. 26 Humberto Soto Will Now Face Daniel Ruiz on October 1 Danny Garcia's Handlers Tried To Secure Eggington, Says Hearn Jamie Cox Feels He Would Topple DeGale, Jack, Ramirez, De Carolis Photos: Frankie Gavin, Sam Eggington - Face To Face at Presser Klitschko vs. Joshua Getting Close as Both Sides Wait For Rulings Erik Skoglund-Timy Shala WBA Title Clash Rescheduled To Dec. 9 Tyson Fury Facing 10 Day Deadline From WBO To Explain Condition Izu Ugonoh Anticipates a World Title Shot in 2017 Jose Pedraza's Manager Not Happy, Says Boxer is Stuck in Limbo Ward: I’ve Got Plenty of Time To See What I Need Of Kovalev Mayweather Sr: Danny Garcia Can't Beat My Son, Not as Good Flanagan: Now or Never For Crolla Fight – One or Two Left at 135 Eddie Hearn Eyes Pro Deal, Star Potential For Nicola Adams
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement