Pacquiao camp observing Golden Boy shake-up


Posted at Jun 03 2014 08:05 PM | Updated as of Jun 04 2014 04:05 AM

MANILA, Philippines – The camp of Manny Pacquiao is taking a wait-and-see approach as far as the exit of boxing executive Richard Schaefer from Golden Boy is concerned.

Schaefer has announced his resignation from Golden Boy after his working relationship with co-founder Oscar dela Hoya deteriorated since late last year.

Following his resignation, Floyd Mayweather Jr.’s promotional outfit, Mayweather Promotions, said it will no longer work with Golden Boy.

Schaefer’s ties with Dela Hoya have worsened when the former boxer decided to make peace with his former promoter, Bob Arum of Top Rank Inc., which handles the promotional rights of Manny Pacquiao.

Dela Hoya has recently said he is willing to work out matches with Arum and even suggested a possible superfight between Saul “Canelo” Alvarez and Pacquiao.

But the Filipino boxer’s business adviser Michael Koncz refused to comment about Golden Boy’s internal politics.

“Let’s see what happens. How many fighters does Golden Boy have? We don’t know,” Koncz said in an interview with Philboxing’s Ronnie Nathanielsz.

When asked about Freddie Roach's suggestion to arrange a bout between Pacquiao and Golden Boy’s Danny Garcia, Koncz said they have yet to pick an opponent for Pacquiao’s November fight date.
“We haven’t made any decision yet,” Koncz said.