Manny Pacquiao shown in 2009 after winning the WBO welterweight title from Miguel Cotto. Isaac Brekken / AP
Manny Pacquiao shown in 2009 after winning the WBO welterweight title from Miguel Cotto. Isaac Brekken / AP
Manny Pacquiao shown in 2009 after winning the WBO welterweight title from Miguel Cotto. Isaac Brekken / AP
Manny Pacquiao shown in 2009 after winning the WBO welterweight title from Miguel Cotto. Isaac Brekken / AP

Manny Pacquiao a champion at eight weights, but to what legitimacy?


Steve Luckings
  • English
  • Arabic

As boxing’s first and only octuple-division champion, Manny Pacquiao is revered as a doyen in his profession.

In 64 fights the “Pac Man” has had his hand raised in victory 57 times, with five defeats, although one of those should have been chalked off as a no contest, and two draws. He has boxed 407 rounds and has a knockout percentage of 59.4 per cent, according to boxrec.com. He has represented the majority of the major and minor boxing bodies as their title holder or world champion at flyweight, super bantamweight, featherweight, super featherweight, lightweight, junior welterweight, welterweight, and light middleweight, from 112 pounds to 154 pounds.

See more: All of The National's "fight of the century" coverage on our Floyd Mayweather v Manny Pacquiao homepage

Impressive statistics, even more so when considering that his opponent in Las Vegas on Saturday, Floyd Mayweather Jr, is “only” a five-division world champion.

However, Pacquiao’s eight-championship statistic begins to wilt a bit under scrutiny.

Winning a featherweight title commissioned by The Ring magazine, boxing’s leading publication, leaves his claim as an eight-weight “world” champion open to debate. The title is not sanctioned or recognised by any of the four major bodies, although die-hard fans would argue the publication has more integrity than the WBC, WBA, WBO and IBF put together. Considering Pacquiao took the title from Mexico’s Marco Antonio Barrera also makes it a little harder to dismiss its legitimacy.

Similarly, the IBO junior welterweight championship, won in such devastating fashion following a jaw-breaking left hook squarely on the chin of Britain’s Ricky Hatton, carries weight purely because of the class of opponent, even if the organisation is seen as a minor outfit.

And what of actually “winning” these titles? Boxing purists tend to insist that to become a champion a fighter must first dethrone one.

In defeating Mexico’s Antonio Margarito by unanimous decision in 2010, Pacquiao also picked up the WBC light middleweight belt vacated by previous incumbent Sergio Gabriel Martinez. Considering this fuelled the Filipino’s claims to be an eight-weight world champion, it seems a strange quirk that he did not have to take it directly from a champion.

In the murky world of boxing politics, it is fairly common for champions to vacate their titles, a dilemma created in no small part by the likes of Pacquiao, who has vacated nine belts during his career. Some belt holders decline to make a title defence against their organisation’s mandatory challenger as they hold out for a bigger payday against someone else.

Some wish to, like Pacquiao, climb the divisions in search of better opponents or a weight that better suits their physique and attributes.

Maybe all it needs is clarification. Instead of the simplistic “Manny Pacquiao, eight-weight world champion” we opt for the slightly wordier “Manny Pacquiao, a boxer who has won titles for different organisations in eight divisions but even this definition divides opinion”.

Pacquiao’s publicists are unlikely to embrace that designation.

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Profile of Whizkey

Date founded: 04 November 2017

Founders: Abdulaziz AlBlooshi and Harsh Hirani

Based: Dubai, UAE

Number of employees: 10

Sector: AI, software

Cashflow: Dh2.5 Million  

Funding stage: Series A

MATCH INFO

Fixture: Thailand v UAE, Tuesday, 4pm (UAE)

TV: Abu Dhabi Sports

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

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Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

Essentials

The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours 
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.

How does ToTok work?

The calling app is available to download on Google Play and Apple App Store

To successfully install ToTok, users are asked to enter their phone number and then create a nickname.

The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.

Users can also invite other contacts to download ToTok to allow them to make contact through the app.

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
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