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Comments Thread For: Mayweather Owes Taxes, Asks IRS to Wait For McGregor Fight

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  • Originally posted by GrandmasterWang View Post
    You do realize Trump has gone bankrupt before right? That is factual. I haven't heard of any articles saying that he is at risk of going bankrupt again now?

    Floyd's advisors are not doing a good job at all considering what they have to work with.

    If his advisors had done a better job he would have already paid for his Pacman fight debt from his profit from it rather than needing the McGregor fight cash to clear it! Not only that but he would have the liquidity currently to cover his future McGregor fight tax liability already sorted from his previous fight earnings of which he has millions.

    Floyd with his earnings should have a far bigger asset portfolio (including liquid assets) than he currently has.

    From the article his advisors are doing an absolutely terrible job meanwhile lining their own pockets with Floyd's money.

    I hope he uses the McGregor windfall appropriately and has advisors adequately plan for his financial future as it would be a travesty if Floyd ended up losing his fortune like so many boxers before him have done.

    I'm really surpried his finances are not in better shape.

    The money Team needs to bring in some better money managers!
    Great Post

    Comment


    • Originally posted by Francis M. View Post
      they would have to sell 5mil ppv for the fighters to earn what you are talking about. I'm not feeling sorry for Floyd but he has to question why he cannot generate millions from endorsements?


      thank god

      the cvnt is insufferable enough as it is

      but yea, folks be running around using that B-word..... as Mayweather is forking over duffel-bags of cash to buy new Rollers for his boys LMAO

      Comment


      • Originally posted by !WAR CHAVEZ! View Post
        didnt know wearing cloths was life threatening. idiot.

        if you gonna hate make it make sense lmfao.
        I'll take a stab at it.

        Oscar is a cross dressing F***** and coke head alcoholic who bails on his top fighter before big fights cause he can't get his own s*** together. He'll lose his company and be cutting grass for a living in 10 years. It's in his blood.

        Comment


        • Originally posted by TexasCowBoy View Post
          Great Post


          it was horse-shht, but you happily lapped it up anyway

          that guy said this..... "If his advisors had done a better job he would have already paid for his Pacman fight debt from his profit from it rather than needing the McGregor fight cash to clear it!"

          GrandmasterWang did not even read the article, otherwise he would know that the debt is from 2006, NOT the Pacquiao money..... and how come you never picked up on that either?

          seriously, Mayweather made 250mil+ from Pacquiao..... how on earth would 1.6mil cover the tax? that guy should have known better, but he didn't

          so, I guess GrandmasterWang also missed this part.....

          The government, meanwhile, argues that Mayweather has the ability to pay his taxes in full or part. “The agency said that Mayweather had various options available … including by selling property, withdrawing cash from other accounts or taking out a loan,” the Law360 report said.

          there is a whole lot of silliness happening in this thread

          Mayweather seems to do that to people LMAO

          Comment


          • I really will wonder how his fanboys will be if his fraud fight fails in PPVs

            Comment


            • Originally posted by Shape up View Post
              I really will wonder how his fanboys will be if his fraud fight fails in PPVs
              They better buy this PPV then

              Comment


              • Originally posted by Shape up View Post
                I really will wonder how his fanboys will be if his fraud fight fails in PPVs

                how will the pac-tards react after the McGregor fight when they realize that Mayweather will likely have HALF-A-BILLION CASH at his disposal..... and you fk-boys have been running around saying that he is broke?

                or am I shooting short..... ?

                200mil already
                plus the 275mil from Pac
                plus another 200mil from McGregor

                ..... or will it be 300mil from McGregor..... ?

                I don't know man, it could be 700-800mil CASH..... despite not being able to read Floyd is sooooo much better at maths than me

                Comment


                • Originally posted by aboutfkntime View Post
                  how will the pac-tards react after the McGregor fight when they realize that Mayweather will likely have HALF-A-BILLION CASH at his disposal..... and you fk-boys have been running around saying that he is broke?

                  or am I shooting short..... ?

                  200mil already
                  plus the 275mil from Pac
                  plus another 200mil from McGregor

                  ..... or will it be 300mil from McGregor..... ?

                  I don't know man, it could be 700-800mil CASH..... despite not being able to read Floyd is sooooo much better at maths than me
                  You're way over thinking this dawg.
                  All Floyd has to do is sell all his properties, buy a small house and a decent car,
                  live as far away from Las Vegas as possible, put his money in the bank and live below his means.
                  Which is what you're missing. He can earn all these millions of dollars
                  in his fights but if he continues to spend more than he earns, he'll end up becoming a beggar.

                  Comment


                  • Originally posted by champion4ever View Post
                    Ok, but eventually he could end up like Wesley Snipes by serving up to three years in a federal penitentiary, if he continues down this road of searching up these new tax loopholes in order to avoid paying his fair share of taxes. That sounds eerily similar to tax evasion to me, if I never heard of it. That is if he's doing it very deliberately and illegally.
                    Then that's on him. IMO this is what wealthy folks do in America. They're always trying to figure out a way to avoid paying their fair share. The masses in America don't have the money to hire the tax lawyers and financial swindlers to exploit the tax loopholes so we end up paying out the a$$ while those that have more than enough money to pay their fair share b1itch, cry, whine, moan, and hunt for ways to beat the system. If the IRS and the feds charge and arrest these folks for tax evasion, Oh Well.
                    On a side note I felt the government did Snipes wrong because he actually paid what he owed before his trial but they still made and example of him.

                    Comment


                    • Originally posted by GrandmasterWang View Post
                      You do realize Trump has gone bankrupt before right? That is factual. I haven't heard of any articles saying that he is at risk of going bankrupt again now?

                      Floyd's advisors are not doing a good job at all considering what they have to work with.

                      If his advisors had done a better job he would have already paid for his Pacman fight debt from his profit from it rather than needing the McGregor fight cash to clear it! Not only that but he would have the liquidity currently to cover his future McGregor fight tax liability already sorted from his previous fight earnings of which he has millions.

                      Floyd with his earnings should have a far bigger asset portfolio (including liquid assets) than he currently has.

                      From the article his advisors are doing an absolutely terrible job meanwhile lining their own pockets with Floyd's money.

                      I hope he uses the McGregor windfall appropriately and has advisors adequately plan for his financial future as it would be a travesty if Floyd ended up losing his fortune like so many boxers before him have done.

                      I'm really surpried his finances are not in better shape.

                      The money Team needs to bring in some better money managers!
                      His companies have gone bankrupt not him. It's a huge difference.

                      Comment

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