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PACQUIAO EXPOSED: Manny is Broke... Believes Arum is Hiding Money!!!

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  • Originally posted by FeFist View Post
    Regardless of whether or not this is true I don't know why Pacquiao fans extend their support to everyone in Pacquiao's camp, individuals who are leeching off of his success.

    That being said the way boxing is managed is extremely backwards. Too much corruption, too many fighters getting financially robbed, and not enough of the money generated reinvested in the sport.
    Because those camp members publicly say nice things about their illiterate congressman.

    When you have an inferiority complex like The Illiterate's fans do, you cling to anyone that pays you a compliment.

    Comment


    • Originally posted by gino ros View Post
      http://www.fighthype.com/pages/content10813.html


      visionqwest has exposed pacquiao's financial nightmare...

      key points:
      • manny believed that his fight promoter was not paying him his fair share
      • manny has not paid back money he and mike koncz borrowed from vq to help purchase a home for mike koncz in orange county, california
      • manny and mike koncz both requested vq not to charge him upfront for fees and costs because they claimed that there was a lack of funds
      • tax audits had been issued as well as tax levies
      • vq identified ridiculous amounts of money being paid to michael koncz and the fact that michael koncz not only worked for manny and mp but top rank, inc. As well.
      • manny was distraught and after reviewing the documentation, manny agreed to pursue top rank, inc. As well as michael koncz
      • from the documents that were furnished, vq and its staff were able to decipher various accounting issues and were very concerned that there were considerable un-answered questions regarding the recording of revenue (through a verification processes with outside companies) and their expenses
      • manny and mp did not have any important documents in their possession like bout contracts, bank statements, bout proceed distributions, endorsement contracts, promoter contracts, co-promoter contracts, property ownership records and many other important documents
      • manny requested that no legal action take place until manny received his advance for his upcoming fight in november 2011 from top rank









      them goddamn photos are priceless......lol

      Comment


      • Originally posted by Gino Ros View Post
        The problem is that Arum says ****, and Pacquiao and the uneducated midgets who follow him just gobble it up.

        Here's an example: "Showtime doesn't know how many PPV's they sold. They have no way of adding it up. It will take months to figure it out".

        And then the third-world peasants who follow Pac just nod in agreement mindlessly.

        THE TRUTH: Showtime is part of CBS, a $15 Bn publicly-traded firm. Being a public company, they have to file 10-Q's every quarter. And, in truth, they close the books every month. So, within that same month, they knew EXACTLY what the revenue from the fight was. But it was disappointing, so Arum had them not release the buyrate to the media.

        Arum can lie to the media, but Showtime can NOT. That would be a federal crime if Showtime gave false statements about the company operations or performance. Thus, they say nothing, and Arum tells the lies.

        Does anyone with a brain SERIOUSLY believe that CBS and Showtime invests money into a fight, and they have no idea how much they make? Really?

        You really think that HBO has some fancy "magic counting machine" that Showtime doesn't have?
        LOL, THATS EXACTLY how these *******s think....lol

        They really believe that they (SHOWTIME) dont know how much money they made, but the problem is that the media has an agenda against Floyd and they dont even follow up with how much was made....

        I will bet that the pac mosley fight didnt do 1million buys..... Now will the media have the balls to bring this out???

        NOPE. PAC IS GONNA FIGHT FLOYD, AND GET WHOOPED, BECAUSE HE HAS NO CHOICE, ANYONE THAT THINKS PAC VS TIM BRADLEY WILL DO WELL IS KIDDING THEMSELVES....LOL

        MOST PEOPLE DONT KNOW WHO HE IS AT ALL. AND BRADLEY CANT SELL OUT A HIGH SCHOOL GYMNASIUM.... HELLUVA FIGHTER, BUT HE CANT SELL....

        Comment


        • Originally posted by gino ros View Post
          that is my key question: what does arum have over manny's head that manny can't walk away?
          they know he's doping and arum hs been at this lying game, and will come out looking innocent....

          dirty ***ish tricks...

          Comment


          • Originally posted by Gino Ros View Post
            http://www.fighthype.com/pages/content10813.html


            VisionQwest has exposed Pacquiao's financial nightmare...

            Key points:
            • Manny believed that his fight promoter was not paying him his fair share
            • Manny has not paid back money he and Mike Koncz borrowed from VQ to help purchase a home for Mike Koncz in Orange County, California
            • Manny and Mike Koncz both requested VQ not to charge him upfront for fees and costs because they claimed that there was a lack of funds
            • Tax Audits had been issued as well as tax levies
            • VQ identified ridiculous amounts of money being paid to Michael Koncz and the fact that Michael Koncz not only worked for Manny and MP but Top Rank, Inc. as well.
            • Manny was distraught and after reviewing the documentation, Manny agreed to pursue Top Rank, Inc. as well as Michael Koncz
            • From the documents that were furnished, VQ and its staff were able to decipher various accounting issues and were very concerned that there were considerable un-answered questions regarding the recording of revenue (through a verification processes with outside companies) and their expenses
            • Manny and MP did not have any important documents in their possession like bout contracts, bank statements, bout proceed distributions, endorsement contracts, promoter contracts, co-promoter contracts, property ownership records and many other important documents
            • Manny requested that no legal action take place until Manny received his advance for his upcoming fight in November 2011 from Top Rank









            Has Manny 'broke' away from his puppetmasters yet?

            Comment


            • Poor Manny, I feel bad for him because he seems like such a nice guy and is very humble.

              **** Arum and that other piece of **** Koncz!

              Comment


              • Manny should just leave Top Rank already.

                Floyd did, and look at how much better of he's been ever since.

                Bob Arum is nothing more than a crook. How he's stayed out of jail, I'll never know.

                Hopefully Manny finds a way out of this mess.

                He is the fighter of the 2000's, and deserves better treatment than this from his promoter.

                I think we all can agree on that much.

                Comment


                • This thread fueled Pac fans hatred lol

                  I KNOW for a fact it did lol

                  Comment


                  • I'm a Pac fan. I do believe he is in a financial mess. Even Roach says Pacquiao is broke. His legal/ financial problems don't change my opinion of him as a fighter. I, however, don't understand why other Pac fans defend Arum and Koncz.

                    Comment


                    • Originally posted by sunnydee View Post
                      I'm a Pac fan. I do believe he is in a financial mess. Even Roach says Pacquiao is broke. His legal/ financial problems don't change my opinion of him as a fighter. I, however, don't understand why other Pac fans defend Arum and Koncz.
                      I agree 100%...I love Pac as a fighter, but I don't get why so many people defend "Team Pac" on their actions...guys like Roach (knowingly trained juiced fighters), Ariza (long history of juicing athletes), and Arum (no explanation needed) get a free pass from the diehard Pacquiao fans...his team is a bunch of cheaters and they make him look guilty even if he is innocent.

                      Comment

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