March 8th, 2012 By Pedro Fernandez
MANNY PACQUIAO IN DEEP TAX TROUBLE!San Francisco, CA- About seven years ago, Manny Pacquiao was up to his ears in tax trouble. American promoter Bob Arum didn’t bail him out, Philippine agent Michael Koncz didn’t lend any help, and at that point, his current co-promoter Oscar De La Hoya wasn’t getting yet a percentage of Pacquiao’s earnings. Word had it, the United States Internal Revenue Service was going to drop the ball on Manny and attach his next purse. Pacquiao, an un-educated Philippine prizefighter, was in deep trouble.
ALONG CAME MR. SHELLY FINKEL
The man that has been boxing’s most successful manager for the past quarter century, Shelly “Sheldon” Finkel, a former rock music promoter who sprang to boxing prominence after signing most of the 1984 United States Olympic team, Finkel stepped in and worked out a deal for Manny with the IRS. What did the ingrate that Manny Pacquiao is do in response to Finkel saving his ass? Pacquiao, whom Finkel didn’t think needed a promoter (like Floyd Mayweather) was canned by the Philippine Congressman.
IS MANNY “DUMB” AS A ROCK?
Having slid through the grasps of the United States Internal Revenue Service, Manny Pacquiao, now Philippine Internal Revenue spokesperson Roil Losers filed a Criminal complaint against Pacquiao on March 1, this after Pacquiao ignored three mailed notices and a subpoena from his office.
PACQUIAO COULD SPEND TWO YEARS IN PHILIPPINE SLAMMER!
Pacquiao, ranked as the 24th highest paid athlete in 2010 by Forbes Magazine, if the prosecutors think they can prove their case, they will indict the current Philippine Congressman for Tax Fraud related issues. If convicted, Pacquiao, thought to be a possible candidate for President in 2016, might face up to two years in jail.
HEY MANNY, I WOULDN’T CALL SHELLY FINKEL!
Because after the way you screwed him over, I don’t even think he’ll take your phone call.