Reluctant Floyd Mayweather loses out on €100m Manny Pacquiao fight purse

Deep pockets, short fuses

A United Arab Emirates based group has withdrawn its €100m ($120m) offer to Floyd Mayweather to fight Manny Pacquiao at some stage of the 21st century. A group, headed by M. Akbar Muhammad, put the hefty purse up for the American if he was able to commit to a bout against the current WBO welterweight champion. The offer was made in November but Mayweather's camp have yet to make any progress despite the boxers' ongoing Twitter feud. Muhammad told Boxing Scene magazine, 'We want to deal with serious individuals, individuals who have the ability to make a decision. Regrettably, that is not the case with Mr. Mayweather. The Abu Dhabi group is serious, and I will not allow them to dangle an inordinate amount of time. Now that time has come, and the offer is gone.' Muhammad insists his group are undeterred from staging a major boxing event in Abu Dhabi later this year and claims it will be a 'spectacle unrivalled in the history of the sport'. For now, we ask you to please spare a thought for Mayweather and his vanished millions...

Welcome to my world pic.twitter.com/GwSJ4OC4Yj — Floyd Mayweather (@FloydMayweather) January 5, 2015