Floyd: Pacquiao desperate for mega fight because of IRS


Posted at Dec 22 2013 12:17 AM | Updated as of Dec 22 2013 08:17 AM

MANILA, Philippines – Floyd Mayweather Jr. claims Manny Pacquiao seems desperate in seeking the lucrative mega fight with him because of the latter’s situation with the US Internal Revenue Service.

In a recent interview with Fight Hype, the American boxer said Pacquiao’s pursuit to get him inside the ring is motivated by the Filipino’s recent tax woes.

“I know he's got a situation with that guy with the three letters in his name [I.R.S.]. That's why he's trying to get me. He wants to resolve his problem with that guy with three letters in his name,” said Mayweather.

The Filipino superstar was recently hit by a writ of garnishment from the Bureau of Internal Revenue, which paralyzed some of Pacquiao’s finances.

Gossip website TMZ later reported that the US IRS has filed a tax lien for more than $18.3 million against the fighting congressman for unpaid income taxes between 2006 and 2010.

But Pacquiao’s camp denied the reports, citing that they were just a part of a smear campaign that was meant to destroy the Filipino’s reputation.

“Manny and his financial advisors are handling the situation and have no comment other than to say the disclosure of Manny’s personal tax information is wrong, and the recent stories contain serious errors,” said his adviser, Michael Koncz.

Mayweather also had issues with the I.R.S. back in 2009 and in 2011.

In 2009, he settled a $6.17 million tax lien from the 2007 tax year, followed by $3.4 million in 2011.

But Mayweather denied having problems with his taxes, citing that he is backed by a good accounting team.

“I don't have problems like that because, you know, I got the right team,” he said. “In the past, of course you're going to hear hearsay. ‘Well, Floyd had a problem with this; he had a problem with the IRS.’”

"No one has even put a padlock on my house. Forget what you read and what you hear. I'm stating facts.”