MANILA, Philippines – Boxing promoter Bob Arum remains confident that a deal can still be made between boxing champion Nonito Donaire Jr. and Mexico’s Jorge Arce.
Donaire seemed to have given up on Arce, whom he claimed to have been demanding a hefty purse for their proposed December 15 bout.
But Arum said that there have been new developments regarding the negotiations.
He said they will be coming out with an announcement on Tuesday (Wednesday in the Philippines).
"I can't say anything specific, because I promised not to, but we're not ready to announce anything today," Arum said in RingTV.
"A lot of things have been happening. The fight's going to happen and it's going to happen on Dec. 15. We'll have an announcement on Tuesday."
Donaire, the World Boxing Organization (WBO) and World Boxing Council (WBC) Diamond super bantamweight champion, has already agreed to take on Arce in the latter’s turf.
Arce, however, said he’ll only fight if he will be given the fight purse he deserves.
"I would be happy to take that fight but I hope I get the price [I'm asking for]. I'm not asking for the pearls of the virgin. I'm demanding just what I think the fight is worth," the Mexican brawler earlier said.
The Filipino Flash reacted with frustration. “They keep on demanding everything. I have the belt and yet they’re still demanding?”
“Arce knows I’m going to his lair. They know that I’m fighting though I’m still injured. Yet they still don’t want to get the fight done,” Donaire added.