I don't think you can point to any one guy and say "he's the reason". You're dealing with three prima donna assholes (Arum, Pac and Floyd), three huge egos who all wanted it their way.
But it is undoubtedly true that Floyd takes the brunt of the blame for the fight not happening. Most people would have you believe that Floyd was terrified of Pacquiao and ducked, dodged, and never even entertained the thought of having the fight, and the facts and logic just aren't there to support that.
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