* Translated by AI

Starnews

'As many as' 1.4885 trillion times GOAT on the verge of bankruptcy → 'shocking fraud' → 104 billion won historic big match at risk of being canceled "It was clearly promised..."

Published:

Park Geondo

*This content was translated by AI.

UK media closely focusing on recent news about Floyd Mayweather. /Photo=Daily Mail archive
UK media closely focusing on recent news about Floyd Mayweather. /Photo=Daily Mail archive

A crisis looms over the matchup between boxing legend Floyd Mayweather Jr. (54, USA) and Manny Pacquiao (47, Philippines). Although the two fighters' rematch was initially reported to be held on September 25 in the T-Mobile Arena in Las Vegas, USA, the official confirmation announcement appears to be delayed.

US media outlet 'USA Today' reported on the 9th (Korean time) that "many questions remain regarding the return match between Mayweather and Pacquiao."

Even 'Ginen Group Sports', which is collaborating with Pacquiao, posted a match poster on its official social networking service (SNS). The poster specified the T-Mobile Arena as the venue and marked the event date as 'September 2026', but the exact date was omitted.

In response to these suspicions, the T-Mobile Arena issued an official statement saying, "There is nothing confirmed at this time," taking a cautious stance. Meanwhile, it was confirmed that the Nevada State Athletic Commission (NSAC) schedule lists a professional boxing event organized by 'Manny Pacquiao Promotions' at the T-Mobile Arena on September 25.

Some point out that funding for the astronomical big match may not have been secured. According to 'USA Today', Pacquiao remained silent when asked by reporters upon his recent arrival at Los Angeles International Airport. The official website of the organizer, Pacquiao Promotions, also continues to list the venue as 'The Sphere'.

Subsequently, in May, US boxing specialty media 'The Ring' announced that "both sides have agreed to revised contract terms, the match date has been postponed to September 25, and the venue has been changed to the T-Mobile Arena, making the fight a reality." However, the official channel of Netflix, the broadcaster, still displays the original information without updates.

Mayweather is reportedly facing severe financial difficulties due to astronomical expenses from recent legal issues. Known to have earned over 1.49 trillion dollars (approximately 1.4855 trillion won) in total earnings during his active career, Mayweather has recently been embroiled in a multi-billion won financial fraud lawsuit, claiming he was deceived by a former financial partner and had his massive assets stolen.

Manny Pacquiao (left) and Floyd Mayweather in a matchup. /AFPBBNews=NEWS1
Manny Pacquiao (left) and Floyd Mayweather in a matchup. /AFPBBNews=NEWS1

Spanish media 'Marca' reported on this, stating, "Boxing champion Mayweather, who dominated five weight classes, filed a complaint with the Manhattan Supreme Court alleging that Jonathan Lecknitz, a former financial advisor, orchestrated an organized financial fraud worth approximately 175 million dollars (about 263 billion won)." According to the complaint, Lecknitz served as a manager overseeing investments and real estate holdings but is accused of illegally transferring 75 million dollars (about 112.5 billion won) of funds from Mayweather-owned companies to shell companies.

Additionally, the complaint includes allegations that Lecknitz borrowed 175 million dollars (about 19.5 billion won) using over 1.49 trillion dollars (about 150 billion won) worth of ultra-high-end jewelry as collateral, misappropriated the funds, and illegally sold the private jet to use the proceeds to pay off personal debts.

Mayweather's legal representative, attorney Leo Jacobs, emphasized, "This dispute is a clear asset recovery lawsuit," but the opposing counsel strongly objected and countered by threatening to expose Mayweather's financial problems through a counter-suit.

According to UK media outlets such as 'Daily Mail', Mayweather has recently been struggling with financial difficulties, including unpaid charter flight fees, and was even sued for 330,000 dollars over several months of overdue luxury condo rent.

Ultimately, Mayweather, pushed to the brink, is showing signs of attempting to return to the ring to reduce his debts and secure cash. This is the reason Mayweather, who held an event match against Mike Tyson earlier this spring, has no choice but to stake everything on the official comeback card against Pacquiao, who earned a historic 72 million dollars (about 104 billion won) from a single match in 2015.

Manny Pacquiao (right) and Floyd Mayweather in a matchup. /AFPBBNews=NEWS1
Manny Pacquiao (right) and Floyd Mayweather in a matchup. /AFPBBNews=NEWS1

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*This content was translated by AI.

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