Pacquiao fires business advisor: report
abs-cbnNEWS.com
MANILA, Philippines – Filipino boxing icon Manny "Pacman" Pacquiao has reportedly fired his business advisor, Michael Koncz.
According to a report from Manny Piñol of PhilBoxing.com, Koncz was dismissed by Pacquiao after several mistakes regarding Pacquiao’s MP Productions.
Piñol cited "very reliable sources from Cebu City."
In Manny Pacquiao's official website, Timothy James wrote: "Michael Koncz has been fired and he has been removed from his position."
Piñol says that Koncz was able to work himself into Pacquiao's inner circle despite not being very knowledgeable about boxing.
"He also gained the confidence of Top Rank bossman Bob Arum who used Koncz as his 24-hour bridge to Manny," Piñol writes.
As to the cause of Koncz' ouster, Piñol believes that it may be due to the Canadian's questionable decisions regarding Pacquiao's MP Productions.
"It could be deeper," Piñol adds. "Lately, Koncz has been making his own pronouncements and declarations apparently without the clearance of his boss, the Pacman, in relation to the dreamed fight with Floyd Mayweather."
James says that an official statement will be released on Pacquiao's website.