UAE group withdraws $120M offer to Mayweather

By ABS-CBNnews.com

A group from the United Arab Emirates (UAE) has withdrawn its offer for Floyd Mayweather Jr. to fight Manny Pacquiao in Abu Dhabi this year, Boxing Scene reported.

The group, headed by M. Akbar Muhammad, had offered Mayweather a $120-million purse to fight Pacquiao this spring but withdrew the lucrative offer and is now heavily criticizing Mayweather.

Muhammad told Boxing Scene that Mayweather was informed a week ago that the offer will be withdrawn in the first week of January. The offer was originally made in late November.

“We want to deal with serious individuals, individuals who have the ability to make a decision. Regrettably, that is not the case with Mr. Mayweather,” Muhammad said, as quoted by Boxing Scene.

“The Abu Dhabi group is serious, and I will not allow them to dangle an inordinate amount of time. Now that time has come, and the offer is gone,” he added.

Muhammad also said Mayweather and “The Money Team” should “consider re-thinking its nickname” if the American superstar would rather fight for what he said was “hot dog money” instead of a $120-million purse.

He also criticized Mayweather for failing to live up to the standards set by some of the greatest boxers in history, naming Muhammad Ali and Sugar Ray Leonard specifically.

“The very best of all time are just that because they overcame adversity; they met and beat their nemeses,” said Muhammad, pointing out that Ali beat Joe Frazier and Leonard beat Thomas Hearns.

“To rise to the challenge, first, you must accept the challenge, and that means fighting the very best you can when the opportunity arises. Unfortunately, it appears someone on ‘The Money Team’ has no regard nor respect for the tradition and history of boxing, nor, even more unfortunately, the wishes and desires of the fans of our sport,” he added.

Muhammad said their investment group will move forward “with absolutely no hesitation, no reservations, and no Mayweather,” but will still hold a huge event in Abu Dhabi that features a championship card, concerts, and tributes.

“In keeping with the vision and determination of our investment group, it will be a boxing spectacle unrivaled in the history of the sport,” he guaranteed.

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