UAE Group Pulls $120 Million Offer From Floyd Mayweather

When the UAE wants something, it goes the extra mile to get it! From hosting the F1 Grand Prix to the most illustrious golf, tennis and soccer games, the emirates this time had its eye on Boxing, but things didn’t turn out as expected.

A UAE group pulled together $120 Million to get Floyd Mayweather and Manny Pacquiao on the same ring. The offer, one of the largest ever made to host a boxing game, was pulled after Floyd ignored the proposal.

The UAE group was represented by M Akbar Muhammad, a long time boxing executive and CEO of a US-based promotions outfit, who made the offer public a while back in early December.

“I’ve been instructed by the group to do whatever it takes to bring this long-awaited and eagerly anticipated fight to fruition. There’s absolutely no doubt that each fighter, individually, will receive more money than any other boxer has in the past,” Muhammad

After the negotiations and the offer collapsed, Mr. Akbar Muhammad didn’t lose time to vent his anger and frustration with Floyd’s disregard for the huge sum of money as reported on BoxingScene.com.

“If Mr. Mayweather wishes to pass on, in essence, $120 Million net dollars and, instead, fight for hot dog money, all I can say is that ‘The Money Team’ might consider rethinking its nickname”.

It is worth noting that Mr. Akbar worked with Pacquiao in the past. Muhammad was a senior vice president with Top Rank Boxing promotions, the group that represents Pacquiao, from 1979-1991, before founding his own Akbar Productions organisation. He has also worked in the past with Don King Productions, according to a 1997 Las Vegas Sun report.

Photo Credit: Rap Basemenent