Pacman back in LA, happy to box again as tax problems get "worked out"

By Steve Angeles, ABS-CBN North America Bureau

Feb. 3, 2014

LOS ANGELES – The Pacman is back, and he’s ready to forget about his alleged tax troubles as he looks forward to getting back into the boxing ring.

Manny Pacquiao is scheduled to square off against Timothy Bradley on April 12. The two will do a two-city press tour this week announcing the rematch. As he exited the airport and headed for his car, Pacquiao told ABS-CBN News that he was happy to be back to focusing on boxing.

“We’re excited that we’re having a rematch with Bradley,” Pacquiao’s financial advisor Michael Koncz, who was among the group picking him up, said. “I think it’s going to be a totally different outcome this time and Manny wants to get back what Bradley stole from him – the belt,”

An entourage picked him up from a cold and rainy Los Angeles International Airport on Sunday night after his flight was delayed for two hours.

The Pacman’s financial advisor says his alleged US and Philippine tax issues are being addressed.

“Everybody blew everything up,” Koncz said. “We got some normal issues. We have a great accounting firm. We have great lawyers. Everything is getting worked out.”

Despite being believed to be on the seller’s block, the Pacman will continue to live at his Hancock Park mansion as he continues shopping for a new house.

“The Hancock house is up for sale contingent upon Manny buying another one in Beverly Hills,” Koncz explained. “There’s no secret behind it. He’s going to by another house and when he buys a second house he’ll sell that one. So there’s nothing peculiar about it.”

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