manny pacquiao BANKRUPT??

[tulisan2013]

Is Pacquiao going bankrupt?

ABS-CBNnews.com


MANILA, Philippines – Is Manny Pacquiao, whose rags-to-riches story has captured the imagination of fight fans around the globe, going bankrupt?

Rex “Wakee” Salud, a long-time confidante of the Filipino boxing superstar, revealed Pacquiao’s financial status in an interview with Sun Star Cebu’s Erwin Lirazan.

"Di lang kay nahurothurot, hurot gyud! (He did not just lose his money, he lost all of it)," said Salud, who has known Pacquiao since he started boxing in the mid-'90s.

Pacquiao rose to superstardom by beating some of the biggest names in boxing including Oscar de la Hoya, Miguel Cotto, Ricky Hatton, Marco Antonio Barrera and Erik Morales.

He earned millions of dollars through those victories and became one of the top paid boxers in the industry.

Forbes Magazine even listed Pacquiao as the 14th highest paid athlete this year with estimated earnings $34 million from boxing purses and endorsement deals.

However, the boxer doesn’t seem to know how to manage his riches, as he is known to be very generous especially to the poor, according to Salud.

“Daghan man sab gud na siyang gitaba­ngan, dili man na siya kahibalo mobalibad (He helped a lot of people, and he didn’t know how to refuse),” said Salud.

The Filipino boxer is also known for his flamboyant lifestyle as he reportedly owned several mansions in Laguna, General Santos City and Forbes Park, Makati City.

He also owns an extensive collection of expensive cars, including a Ferrari 458 Italia, which he reportedly bought for $309,000 (P13.367 million).

However, some of his biggest expense went to politics.

According to ESPN’s Nigel Collins, Pacquiao spent approximately $8.6 million (around P379 million) in campaign funds for the 2010 and the 2013 elections.

“He spent an estimated $6.6 million on his successful 2010 campaign to become the congressional representative of the district of Sarangani,” Collins said in his ESPN column.

“[His] wife Jinkee and brother Rogelio also ran for office [in 2013], and it cost Pacquiao approximately $2 million to finance the campaigns,” the analyst said.

Salud hinted that Pacquiao is now motivated to fight because of money.

“Unya dugay sab siyang wala makaaway. Hurot man gani ang iyang kuwarta katong sige siya’g away, karon pa kaha nga hapit usa ka tuig una siya moaway og balik (He always ran out of money when he was still actively fighting, even more so when he stopped fighting for almost a year now),” said Salud.

The last time Pacquiao fought was in December 2012 when he lost to Juan Manuel Marquez via a shocking sixth-round knockout.

He had to take a long furlough from boxing because of the way he got knocked out.

Just recently, ABS-CBN North America News Bureau’s Steve Angeles reported that Pacquiao is selling off his Los Angeles mansion for $2.7 million.

The boxer bought the five-bedroom Mediterranean style home for $2.17 million in 2009.

Salud said the Brandon Rios fight this November will be Pacquiao’s last chance. If he fails again, then it’s over for the Filipino boxer, said the veteran boxing promoter.

“Last card na kini ni Manny, kon mapilde siya angay na siyang mo-retire (This is Pacquiao’s last card. If he loses, then I think it’s time to retire),” he said.

[tonistork]

aba pag may katotohanan ito, di magandang adviser sina Gacal, Chavit at Atienza.

[Ozymandias]

Bankrupt na si Pacman, mawawalan na ng ka ballroom dancing si Mami Dionisia

[jamesbond]

   sa aking palagay hindi naman siguro bankrupt si Pacquiao... marami lang talaga ang inggit sa kanya... ginagawan ng tsismis dahil sa palaging talo na sya lately... i'm not an avid fan of Pacquiao.. in fact i don't even watch his fights... asar ako sa kanya dahil pinasok nya ang politics... he can help his neighbors thru his own pocket so why the fuzz....

sa aking palagay pa din, kaya sya natatalo lately sa kanyang mga fights kasi hindi na sya kumakain ng mais di tulad nuong hindi pa sya sikat... marami na ding distractions sa kanya, politics, sugal at barkada... iba na din ang kinakain nya ngayon, aba, sosyal na kasi eh.... pero matibay na ang pera nya sa bangko, hindi na yan maghihirap....

[Ozymandias]

  sa aking palagay hindi naman siguro bankrupt si Pacquiao... marami lang talaga ang inggit sa kanya... ginagawan ng tsismis dahil sa palaging talo na sya lately... i'm not an avid fan of Pacquiao.. in fact i don't even watch his fights... asar ako sa kanya dahil pinasok nya ang politics... he can help his neighbors thru his own pocket so why the fuzz....

sa aking palagay pa din, kaya sya natatalo lately sa kanyang mga fights kasi hindi na sya kumakain ng mais di tulad nuong hindi pa sya sikat... marami na ding distractions sa kanya, politics, sugal at barkada... iba na din ang kinakain nya ngayon, aba, sosyal na kasi eh.... pero matibay na ang pera nya sa bangko, hindi na yan maghihirap....

Ano yung kinalaman ng mais sa pagpapalakas? High in fiber?    Nung prime ni Manny bilyonaryo na sya e so puro Steak or something meaty and protein kakainin nyan para ma maintain nya yung calorie intake ng mga boxers kagaya nya.

Pero obvious reason talaga kaya sya humina ay ang distractions sa politics. About sa bankrupt naman, we have yet to find out if totoo nga yung news. Kasi sa dami ba naman ng bisita nya araw araw sa mansion nya, (sila pastor, religious group, si barkada #1 #2 etc..) Atsaka yung taxes ng mga luxury nya syempre ang taas ng bayad dyan

[jamesbond]

Ano yung kinalaman ng mais sa pagpapalakas? High in fiber?    Nung prime ni Manny bilyonaryo na sya e so puro Steak or something meaty and protein kakainin nyan para ma maintain nya yung calorie intake ng mga boxers kagaya nya.

Pero obvious reason talaga kaya sya humina ay ang distractions sa politics. About sa bankrupt naman, we have yet to find out if totoo nga yung news. Kasi sa dami ba naman ng bisita nya araw araw sa mansion nya, (sila pastor, religious group, si barkada #1 #2 etc..) Atsaka yung taxes ng mga luxury nya syempre ang taas ng bayad dyan

you will note sir spam na lahat ng bisayang athletes malalakas ang resistensya nila dahil ang mais ang staple food nila duon sa Visayas at hindi ang rice... sobra ang energy na nabibigay ng mais.... puro steak na ba?

[Zurca]

kung totoo ang balita malalaman ni manny kung sino talaga ang mga tunay na kaibigan niya lol

distractions. that's the thing that brought pacman down. if he lived a simple and humbled life, away from those distractions siguro nasa top of the world pa rin siya ngayon. pero mahirap talaga mamuhay ng simpleng buhay kung meron kang bilyones na gagastusin lol

[Zurca]

may nutritionist naman siguro si pacman para mamonitor ang diet niya. so i think wala naman kinalaman yung diet niya in his recent losses.

[Ozymandias]

may nutritionist naman siguro si pacman para mamonitor ang diet niya. so i think wala naman kinalaman yung diet niya in his recent losses.

you will note sir spam na lahat ng bisayang athletes malalakas ang resistensya nila dahil ang mais ang staple food nila duon sa Visayas at hindi ang rice... sobra ang energy na nabibigay ng mais.... puro steak na ba?

Cool! Noted sige! Siguro naman may nutritionist si Pacquiao so maaaring isama yung corn sa diet nya para sa iyo  Take note din, Training and hardwork ang magpapalakas sa kahit na sinong athlete. Makikita rin natin palagi yung crazy cardio exercise niya. So kahit sino lalakas resistensya at katawan sa ganun na training. Aminin din natin na bumabagal sya every year, nababawasan ang punching power. Di na palaging condition e.

[Zurca]

yep, look at marquez. 39 na ba siya? still competing. he prepared months before his fight with pacman. nagtratraining na ba si pacman ngayon?

OT: found the article

http://www.abs-cbnnews.com/sports/08/22/13/pacquiao-going-bankrupt

found another on

http://slumz.boxden.com/f16/espn-reporting-manny-pacquiao-financial-trouble-1926782/

[Zan1731]

Bankrupt? Baka mautak lang.. Mauubos lng pera nya dun

[¿m☺ÿ]

hmnn... interesting ang article na ito... kung totoo nga ito, i really hate to see PacMan going down hard financially... though i have a doubt sa integrity ng balita.... kasi sa news, whatever is sensational iyon ang ibinabalita nila wether or not half or full truth. But i hope it's not the case....i also don't want a champ to go down without a fight.

[Prime™]

hmnn... interesting ang article na ito... kung totoo nga ito, i really hate to see PacMan going down hard financially... though i have a doubt sa integrity ng balita.... kasi sa news, whatever is sensational iyon ang ibinabalita nila wether or not half or full truth. But i hope it's not the case....i also don't want a champ to go down without a fight.

I agree with you bud.

I don't like the fact that he entered politics, and lalo na pati asawa niya and kapatid niya. But to wish him ruin? Never. I hope these are all just sensationalism of the media like always.


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[icE_boaT]

'that is a one good man...eviled by being a politician...politics is now killing him...making him lose more...bringing him down...putting a pain that is more aching than taking a punch from an opponent...politics is tuning that boxer into a butter...how is it? of course, melting...

[josemanueldelacruz]

opinion lang po, madami kasi syang investment na hindi kumikita, plus hndi din kaya nagsabi na bankrupt sya mayroon syang tax evasion case I am not sure kung gaano kailangang bayaran niyang tax and one way na mareduce ito at para di na habulin ng b.i.r.