Stock Groups

Boxing-Manny Pacquiao retires from boxing to chase Philippine presidential bid By Reuters


© Reuters. FILE PHOTO – July 20, 2019, Las Vegas, NV. Manny Pacquiao celebrates his win over Keith Thurman at the MGM Grand Garden Arena in WBA welterweight champion bout. Pacquiao won via split decision. Mandatory Credit: J


MANILA (Reuters) -Boxing star Manny Pacquiao, who is planning to run for president in the 2022 Philippine elections, said on Wednesday he was retiring from boxing to focus on the biggest fight in his political career

Pacquiao is a Philippine senator, who had been splitting his time between fighting and politics. He made his announcement via a 14 minute video that he posted to his Facebook page (NASDAQ:).

“I just heard that final bell. “Boxing is done,” declared Pacquiao. He was the last man to have world title in all eight divisions.

Pacquiao said that he never imagined this day, and thanked the fans from all around the globe.

Pacquiao, who was known for his lightning speed and quick feet, is considered one of the most offensive fighters of all time.

Veteran promoter Bob Arum in 2010 said he was unmatched, and rated him better than Muhammad Ali Arum stated to Reuters, “His left- and righthand hit with equal power. That is what destroys him opponents.”

In August, the 42-year-old lost a WBA welterweight world title match against Cuban Yordenis Ugas.

Pacquiao grew up in poverty, so he took on odd jobs just to make ends meet. As a teenager, he sailed on a boat from the south to Manila where he began competitive boxing.

Pacquiao supported Rodrigo Duterte’s war on drugs, as well as his attempt to revive the death penalty.

After Pacquiao’s criticism of Duterte’s close relationship with China, and his corruption as a government official, their political relationships soured. In July, he was ousted as president of the country’s ruling political party

His political career began with a failed attempt to run for Congress in 2007. In 2010, he was elected to the lower chamber of Congress as a representative for the south Sarangani region.

The two-term congressman was elected for a six-year term in the upper chamber in 2016

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by market makers. As such, they may be incorrect and different from market prices. This means that prices cannot be used to trade. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.