Details on "Billionaire" Floyd Mayweather's 2014 Bankruptcy

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  • PRINCEKOOL
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    #31

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    • Bjl12
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      #32
      Originally posted by Floyd's Mask
      when we ridicule Lil'G about his testimony on ''154-168 is easy fomi'' you wonder why they say ''not another GGG hate thread'' vs the hundreds of Floyd threads not relating to tactical combat
      Anyone from 154-168 doe
      147 Kell Brook at 160 doe
      Andre Ward at 168 doe
      ...wait nvm Andre Ward at 164 doe
      PFP #1 doe
      Gift decision against Danny J doe
      Outboxed by JMW Ca$h doe
      MarGGGarito doe
      Well /thread

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      • BoxingTrav
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        #33
        Originally posted by Lou Cipher
        Floyd ‘Money’ Mayweather to File for Bankruptcy

        By Kato Leonard on July 16, 2014

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        “Mayweather spends up to $75 million each year on bills, ********, and frivolous purchases.”

        Flamboyant boxer Floyd Mayweather has been seeking the counsel of a lawyer to file for bankruptcy. According to multiple sources, the 37-year-old undefeated champion made over $100 million this year (as of June 2014), but has continued to blow through his funds at an unsustainable rate.

        Mayweather has over 15 multi-million dollar homes and at least 50 expensive cars. The boxer has begun to liquidate his assets in an effort to free up more cash. Floyd’s current spending habits, coupled with his mass amounts of debt, have left him with nearly no cash on hand to satisfy his bills. It is estimated that Mayweather spends up to $75 million each year on bills, ********, and frivolous purchases.

        This is not the first time the world famous boxer has struggled to pay his bills. In 2009, he defaulted on a $167,192 car loan which resulted in a lawsuit. According to The Las Vegas Sun, “in April 2007, Mayweather borrowed $415,695 to finance the purchase for $512,184 of a Mercedes Maybach 57S from dealer Fletcher Jones Imports in Las Vegas.” The contract called for 72 monthly payments of $9,077 at a 16% interest rate. The lawsuit alleged Mayweather failed to make payments, and the vehicle was repossessed and sold.

        The IRS has reported that Mayweather owes over $50 million dollars in back taxes. If the boxer fails to set up a payment arrangement, the funds from his upcoming fight with Marcos Maidana could be seized.

        The IRS filed multi-million dollar liens against the Grand Rapids native in 2007, 2009, 2011, and again in 2014.
        So did Floyd file for Bankruptcy? The article is before Maidana II, Pac, Berto and McGregor

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        • Bjl12
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          #34
          Originally posted by b00g13man
          Are clowns actually taking this seriously?

          Floyd ruined OP's life so badly, he has to post "articles" from 2014 from a satirical website.

          Here's the article

          There's a reason he didn't post a link.
          OP mad Andre Ward 2-0 QUITvalev
          Ca$h UD MarGGGarito
          Floyd UD12 Poochman

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          • Sugar Adam Ali
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            #35
            Shocker- boxer is bad with money..


            I just don't get why some many posters get happiness from the fact that Floyd may be bankrupt

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            • Lou Cipher
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              #36
              Originally posted by Sugar Adam Ali
              Shocker- boxer is bad with money..


              I just don't get why some many posters get happiness from the fact that Floyd may be bankrupt
              I'm just reporting facts here that relate to Boxing. I didn't make the guys money disappear like a hot silent fart in an F5 Tornado. Floyd did it to himself.

              It's important for people to know this so they can determine when his "comeback" will be. Based on the information of the articles I've posted lately, it's going to be sometime before April 15, 2019.

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              • Lou Cipher
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                #37

                Last edited by Lou Cipher; 10-15-2017, 04:45 PM.

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                • Beercules
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                  #38
                  51-0 baby #TMT

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                  • Beercules
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                    #39
                    Originally posted by Lou Cipher

                    Damn

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                    • satiev1
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                      #40
                      Originally posted by Hype Job
                      You took this thread personally.
                      LMAO. Thread had nothing to do with ggg and somehow he managed to mention ggg. I'M LMAO SO HARD.

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