Advertisement
Advertisement

Penalosa Insists He Will Never Exploit Manny Pacquiao

by Ronnie Nathanielsz

Former two division world champion Gerry Penalosa who has formed MAG Promotions along with boxing icon Manny  Pacquiao and businessman Anson Tiu insists he will never exploit Pacquiao in the new promotional outfit.

Penalosa issued the clarification amidst concerns that there were individuals exploiting  Pacquiao as evidenced in his tax issues with the BIR and the US Internal Revenue Service and others whom Pacquiao claims are out to destroy his good name.

Penalosa informed us that while MAG is a new company under Pacquiao, himself and Tiu, the “Fighter of the Decade” is only “an industrial partner and for the record he never spent any single cent from his pocket on putting up the promotion (this Friday at Solaire Resorts Hotel & Casino) until now.”

He said Pacquiao “was well informed before putting this promotion and in fact he signed the papers in the SEC (Securities and Exchange Commission) with all h is knowledge that we all have the same advocacy in helping our fellow boxers in the Philippines.”

In the promotion on Friday, Penalosa’s protégé, hard-hitting southpaw Michael Farenas will battle Mexico’s Jesus Rios over ten rounds in what Penalosa hopes will be a stepping stone to a future world title fight against reigning WBO champion Mikey Garcia.

Tags: Manny Pacquiao image  
User Comments and Feedback (Register For Free To Comment) Comment by BlackSnakeMamba on 12-12-2013

Ronnie needs to STFU. That idiot is not even a real Filipino and was a major supporter of the late dictator (Ferdinand Marcos Sr.) Penalosa is a very smart boxer inside and outside the ring. He knows Bob arum and…

Comment by WouldYouKindly? on 12-12-2013

[QUOTE=Agent Stahl;14019810]too late... the trigger has been pulled...[/QUOTE] Police have confirmed that in his suicide note, he made reference to Manny Pacquiao a total of 875 times, and prefaced it with "Fighter of the Decade" every single one of those…

Comment by ShoulderRoll on 12-11-2013

Arum and Koncz will exploit him, doe.

Comment by rambov on 12-11-2013

its when some one has an inbred child with his sister.

Comment by Bretty Poy32 on 12-11-2013

[QUOTE=WouldYouKindly?;14019747]Somebody put Ronnie Nathanielz on suicide watch. RIGHT. F*CKING. NOW.[/QUOTE] too late... the trigger has been pulled...

Post a Comment/View More User Comments (8)
Top Headlines Hearn: Badou Jack-Callum Smith is The Fight We're Pushing For Mares: Don't Rule Out Possibility of Cuellar Getting Knocked Out! Deontay Wilder's Handlers Reach Out To Alexander Ustinov Kosei Tanaka Stops Rene Patilano in Six Rounds in Nagoya, Japan Video: Shane Mosley Jr. Reflects on Win, The Future, More Tony Bellew: I'll Face That Bitch David Haye on That Joker Channel! Denis Shafikov, Joel Diaz Jr. To See Action on June 11 in El Monte Tony Bellew Gets Off The Deck, Brutal KO of Makabu For WBC Belt Video: David Avanesyan, Trainer Talk Win Over Shane Mosley Stephen Smith, Sean Dodd, Scott Fitzgerald All Victorious Video: Roberto Duran on Mosley Defeat To Avanesyan David Avanesyan Will Be Ringside To Scout Thurman vs. Porter Callum Smith Stays on Course For Title Shot, Get TKO in Six Ricky Burns Ready For Revenge on Crawford, Broner Showdown Video: Shane Mosley Talks About Loss To David Avanesyan David Price Returns in Style With Quick Knockout Victory Holyfield Believes Anthony Joshua Could Break Marciano's Record Bellew vs. Makabu LIVE Results From Goodison Park Frank Warren Questions Hearn's Position on Joshua vs. Haye James DeGale's Coach Confident: Badou Jack is Tailor-Made For Us Hearn: Eubank is Bigger UK Fight For Golovkin Than Saunders Golovkin's Coach: Only GGG Fight Brings Mayweather 100 Million! Bellew: I'll Fight That Bitch David Haye, He's Degrading Boxing! Photos: Ricky Burns Makes History, Blasts Di Rocco For WBA Belt Bellew vs. Makabu: Sean Dodd Looks To Enter The World Scene Viktor Postol Motivated By Underdog Role Against Crawford Arum: If Mayweather Wants Pacquiao, Let Him Come To Manila Haumono Saw Flaws, Believes He Will Chin Check Joseph Parker Glowacki Hopes To Get Usyk To Poland, Then Wants Lebedev Avanesyan Ends Shane Mosley, Secures Thurman-Porter Shot Vazquez Outpoints Bone, Eyes Future Clash With Adrien Broner Gabe Rosado Not Looking Past Gutierrez To Chavez Jr. Showdown Shane Mosley Jr. Edges Roberto Young With Majority Nod Bermane Stiverne Eager To Step in, Face Deontay Wilder Jonas Sultan Retains His RP Championship With KO in Five Rounds Photos: Verdejo, Diaz Open Workouts Before HUGE Bronx Crowd Roach: Floyd Mayweather Asked Me To Train Conor McGregor Krzysztof Wlodarczyk Beats Down Kai Kurzawa For TKO Win Ricky Burns Becomes Three Division Champion, Stops Di Rocco in 8 Nurse Pounds on Limond For TKO Win, Retains British Title
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement