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

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  • Gino Ros
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    #1

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

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    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









    Last edited by Gino Ros; 09-20-2011, 06:12 PM.
  • hugh grant
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    #2
    Now might be the best time for Floyd to fight Pac. Pac seems distracted with financial worries. Floyd can rest in the knowledge he has enough in the bank so can train without any worries.

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    • DE100
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      #3
      VisionQwest is racist and run by the panther party.

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      • bigsmoothh
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        #4
        who do you think made pac the man he is today? who do you think cherry picked his apponents for him? Do you actually think pac has come this far because hes the goat?

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        • Dirk Diggler UK
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          #5
          OMG!"!!!! NO WAY!!!!!




          ....um....who cares?

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          • Gino Ros
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            #6
            Originally posted by hugh grant
            Now might be the best time for Floyd to fight Pac. Pac seems distracted with financial worries. Floyd can rest in the knowledge he has enough in the bank so can train without any worries.
            Floyd wants Arum out of the picture. If Manny can't trust his own promoter, how can Floyd trust him?


            There's a lot going on behind the scenes, and this is why I say that:

            1) Last month, Mayweather said that Manny approached him behind Arum's back

            2) After hearing for two years that drug testing was the ONLY obstacle to the fight, Manny says that drug testing is "no issue", but he needs to resolve his purse for the fight.

            3) This month, Floyd starts saying that Manny needs to get rid of Arum (in the context of fight negotiations)

            I don't think this is all coincidental.

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            • Gino Ros
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              #7
              Originally posted by Dirk Diggler UK
              ....um....who cares?
              You do. Which is why you're here.

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              • Gino Ros
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                #8
                Originally posted by DE100
                VisionQwest is racist and run by the panther party.
                VisionQwest are *****s. Company run by Gayweather.

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                • snoopy360
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                  #9
                  sounds like Manny should have signed with golden boy a long long time ago. Not only would he not be broke but we would have been privy to Floyd vs. Pac along time ago. Oh well guess we'll have to wait and see how it all turns out.

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                  • Dirk Diggler UK
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                    #10
                    Originally posted by Gino Ros
                    You do. Which is why you're here.
                    I was curious as to what he had been "EXPOSED!" for. I stopped caring after the first bullet point.

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