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P35-40M needed for Manny to stage next fight in Manila

World boxing champion Manny Pacquiao would love to have his next fight staged in Manila.

The big problem: Is there a local promoter brave enough to foot the P35-40-million bill needed to put up the big-budget card?

?I estimate that it would take around P35-40 million to have Manny fight here. Half of that will go to my boy?s purse. I wouldn?t want the promoter to lose his shirt,? said Pacquiao?s business manager Rod Nazario, himself a promoter, on Tuesday.

Appearing in the Philippine Sportswriters Association forum together with his ward, Nazario added that he could not go any lower than the P19 million ($350,000) Pacquiao got for his last fight.

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