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Thread: Floyd will go bankrupt soon hopefully

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    Default Floyd will go bankrupt soon hopefully

    Report: Floyd Mayweather Spends $75 Million Per Year, Advisors Fear Financial Ruins – MMA Imports

    Was just reading this apparently he spends 75 mil a year which is not surprising and his financial people think he's going to ruin himself.

    Not surprising, soon he'll be ducking lenders and collectors like he ducked tough competition!

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    El Kabong Guest

    Default Re: Floyd will go bankrupt soon hopefully

    I wonder how much money that 0 finally goes for

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    Default Re: Floyd will go bankrupt soon hopefully

    I never thought Tyson and Holyfield would ever be declared bankrupt or lose their money as it was such a large amount. If Floyd does end up broke,then he is the dumbest idiot ever in the history of boxing.
    Do not let success go to your head and do not let failure get to your heart.

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    Default Re: Floyd will go bankrupt soon hopefully

    I wouldn't be surprised. It won't be for a while as he still has a money fight or 2 up his sleeve. If he loses or once he stops fighting it will be a quick downward spiral.

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    Default Re: Floyd will go bankrupt soon hopefully

    Floyd seems a bit tight with his money and all show. I am sure he picks up all the money he throws up in the air afterwards when no one is watching.
    Do not let success go to your head and do not let failure get to your heart.

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    Default Re: Floyd will go bankrupt soon hopefully

    Quote Originally Posted by Master View Post
    Floyd seems a bit tight with his money and all show. I am sure he picks up all the money he throws up in the air afterwards when no one is watching.
    He hasn't had a big paycheck in awhile. Has to tighten his belt until he can get a big deal for his comeback.

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    Default Re: Floyd will go bankrupt soon hopefully

    Quote Originally Posted by Alpha View Post
    Quote Originally Posted by Master View Post
    Floyd seems a bit tight with his money and all show. I am sure he picks up all the money he throws up in the air afterwards when no one is watching.
    He hasn't had a big paycheck in awhile. Has to tighten his belt until he can get a big deal for his comeback.
    I remember when Floyd fell out with 50 cent because he said Floyd would not commit any of his money to any of the projects. I think Floyd is like Rocky Marciano and very tight with his fortune and this is all fabricated.
    Do not let success go to your head and do not let failure get to your heart.

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    Default Re: Floyd will go bankrupt soon hopefully

    What are we becoming? Cannot anybody simply see that this is an MMA website article?

    They are obviously really reliable because there is no way there could be a bout between Mayweather and a MMA guy, and nobody is pushing it or anything 😀

    In the parlance of today, what is fake news ...... or a false story pushing a truism.

    Ever get the feeling you're being played, guys?
    If God wanted us to be vegetarians, why are animals made of meat ?

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    Default Re: Floyd will go bankrupt soon hopefully

    I believe it because Floyd is so stupid, he posts on his social media him gambling 5 and 6 figures. But if he's showing you the winnings, imagine what he's losing on gambling alone....

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    Default Re: Floyd will go bankrupt soon hopefully

    I don't think.

    He is smart own companies

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    Default Re: Floyd will go bankrupt soon hopefully

    Quote Originally Posted by Paul Kevin View Post
    I don't think.

    He is smart own companies
    Floyd is stupid, probably bought a bunch of Blockbuster video stores

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    Default

    I admit that Floyd has tons of personal issues, but he does have some intelligence. He knows how to make money. I am sure he spends a lot but I also assume that he isn't spending himself into poverty. I could be wrong but I just don't believe it.

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    Default Re: Floyd will go bankrupt soon hopefully

    Quote Originally Posted by Paul Kevin View Post
    I don't think.

    He is smart own companies
    I was going to agree he was going broke until I read this well thought out explanation

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    Default Re: Floyd will go bankrupt soon hopefully

    Quote Originally Posted by Paul Kevin View Post
    I don't think.

    He is smart own companies

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    Default Re: Floyd will go bankrupt soon hopefully

    Regardless of what money he's earned and what he's invested it in if you're gambling a million dollars plus on sports games or whatever it's a matter of time till you're broke. And he's got his lifestyle to maintain at the same time. Once somebody like Floyd starts living a certain lifestyle, million dollar cars and whatnot, he's got to keep spending at that rate so he doesn't lose face amongst his peers.

    I'm pretty sure Floyd has an Aboriginal understanding of money and numbers -- one, two, many. As long as he has "many" dollars in the bank he's going to keep spending at his current rate no matter how fast he's blowing through it. It's only once he gets down to one or two dollars in the bank that we'll see him fight again. When he unretired to fight JMM he was owing millions in tax and was having his cars repossessed. I wonder if he's had the absolute minimum foresight/advice to put enough aside to pay his tax bills for his last fights. Surely he's at least done that.

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