‘Pacquiao-Matthysse fight 100% on’

KUALA LUMPUR: The promotional outfit of boxing great Manny Pacquiao has assured that the highly anticipated fight between the Filipino star and World Boxing Association welterweight champion Lucas Matthysse is “100% on” despite rumours that it could be cancelled over financial issues.

Arnold Vegafria.

“I don’t know where the rumours came from or who said it. It’s impossible,” MP Promotions head of business Arnold Vegafria told FMT.

He added that the “Fight of Champions” would take place as planned on July 15 from 8am to 2pm at the Axiata Arena in Kuala Lumpur.

Dismissing the rumours over financial issues relating to the fight, Vegafria said they had fulfilled the requirements of Top Rank, which is responsible for the production of broadcasting, two weeks ago.

Payments to Golden Boy, which manages Matthysse, had also been adhered to as stipulated in the contract, he added.

On the fight’s lack of promotion in North America, Vegafria said the matter came under Top Rank.

“That is their responsibility. I’m not sure why it didn’t really happen, but they’ve started the promotions,” he said, adding that the television broadcast of the fight in the US, US territories and Canada also came under Top Rank.

In those areas, coverage of the fight will be available on a pay-per-view basis as well as online, with more details to come soon.

Vegafria said a total of 270 countries would be covering the fight, with some 70% of tickets already sold out.

“There’s been a lot of foreign interest from the US, UK, Singapore, Japan and more.”

Pacquiao, 39, is the only eight-division world champion in boxing history. He will be looking to win his ninth title while Matthysse, 35, will be defending his title for the first time since winning it in January.