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After some two months of back-and-forth negotiations with prospects for IBF light flyweight champion Johnreil Casimero’s title defense in the Philippines looking good, the Manila Standard has been informed that Araneta has pulled out of its 50-50 partnership with ABC 5 on promoting the fight at the Big Dome.
The requirement of staging the fight late Sunday morning to catch Saturday night audiences in Mexico in particular forced the hand of Smart Araneta who ran through the prospective attendance figures which they felt would not cover 50 percent of the total expenses estimated at $200,000 because of a blockbuster supporting card featuring top rated Froilan “The Sniper” Saludar and former world champion Marvin “Marvelous” Sonsona among others.
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The requirement of staging the fight late Sunday morning to catch Saturday night audiences in Mexico in particular forced the hand of Smart Araneta who ran through the prospective attendance figures which they felt would not cover 50 percent of the total expenses estimated at $200,000 because of a blockbuster supporting card featuring top rated Froilan “The Sniper” Saludar and former world champion Marvin “Marvelous” Sonsona among others.
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