Advertisement
Advertisement
Boxingscene.com

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 Joseph Parker vs. Andy Ruiz For Vacant WBO Title? Tyson Fury Will NOT Return in 2016, Says Peter Fury Sosa-Smith Winner is Contractually Bound To Face Fortuna Next Photos: Braehmer, Cleverly - Face To Face at Final Presser David Price Wants Parker or Top Name on Nov. 26, Not Allen Kell Brook Has Surgery - Wants Canelo, Cotto, Khan in 2017 Dennis Ceylan in Toughest Camp Ever For Ryan Walsh Clash Michael Conlan, Donnelly Named in Olympic Betting Judgement Diego Magdaleno vs. Art Hovhannisyan Set For October 7 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
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement