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Mundine to chase Mosley to USA; Shane paid $300K despite pull out; Aussie ring legend Jeff Fenech takes huge financial hit from the cancellation

By Ray Wheatley — World of Boxing
Photo: Maurice Childs/MauriceChilds.com

Anthony Mundine and his team plan to follow Shane Mosley to the US in hopes of rescheduling the flight. “The fight is off for now, but it could be rescheduled. that’s what we’re working on,” Mundine said during a hastily called news conference at the Tony Mundine Gym in Sydney, Australia.

Meanwhile, Shane Mosley and his team are currently over the Pacific Ocean on Quantas flight 107. The plane is expected to arrive at LAX at around 6:45AM Wednesday morning.

Despite not fighting, Mosley will pocket $300,000, which was paid in advance per the contract and was nonrefundable. He was due the balance of $700,000 before the fight, which promoter Wlad Warton was unable to produce.

Boxing Hall of Famer and legendary Australian world champion Jeff Fenech stated that he personally put up the money to get Mosley to fight in Australia. “I gave him $460,000,” Fenech told AAP. “I certainly wouldn’t have done that if I thought the fight wasn’t going to go ahead because my guarantee was that when the fight went ahead, (with) the pay-per-view money and the pub and club money that I’d be paid back, but now it doesn’t look like it….Vlad Warton told me he needed $US300,000 as a start to getting here, then another $US100,000 for all his expenses, and a little more. So I accommodated for all that, and now they’ve gone home so I’m really left with nothing. It’s going to be a little bit tough for a while.”

Related stories:
Shane Mosley Statement
Mosley-Mundine off
Mosley threatening to pull out of fight




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