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Men he is going broke
It is all over internet now he is strapped
You cannot keep buying cars every week worth 1 million
Private Jets everywhere, penthouses, girls, etc
HE NEEDS TO FIGHTComment -
What's the over under on these cars being paid off?For him to owe the IRS 200 million he must have just not been paying his taxes or maybe not even filing his tax returns some years.
Here's an interesting article that should silence those saying he might be making a good business decision asking for a payment plan:
Here is an excerpt:
In February of 2007, according to ESPN, Mayweather bought a Maybach car for $528 000 (he likes cars, a lot! He has fleets of them) and he borrowed around $ 415 000 for this particular car at 16% annual interest from JP Morgan.
Nothing wrong with taking a loan, often it can be a prudent business move, even for the wealthy, but why is a man who has just earned $8 million dollars three months prior having to pay a ridiculously high annual interest rate of 16%? (As a comparison the prevailing Libor rate at the time was about 5.1%)
This tells you one of two things A) His business acumen and negotiating skills are non-existent or B) JP Morgan knew that he was a risky client and therefore it warranted the massive interest rate of 16% pa.
So what happened to the loan? “Money” Mayweather stopped paying the $9 000 monthly instalments for the car a year later and JP Morgan had to repossess the car, sell it for $196 000 and sue Mayweather.
O/U on gap insurance if not?
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Also you cannot have like 25 employees working for you that basically do nothing he doesn't understand that all needs to stop or he's going to go brokeComment -
His password was probably his last name but slipped his mind.Comment -
Here is Mayweathers explanation. People say Donald Trump is broke too...Comment -
Hard to feel sorry for this dude when you see a picture like that. Maybe he is deep in the hole due to his gambling? Any info out there that he is actually winning or losing his large bets?
UOTE=funnyb25;27075929]Relax Tony....He is trying to download it but can't figure out where the playstore is
[/QUOTE]
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The private jets are going to drain him dryComment -
I wonder what his posse costs him every year?
QUOTE=wikkidinsane;27079550]
Here is Mayweathers explanation. People say Donald Trump is broke too...[/QUOTE]Comment -
Good afternoon gauchy and Micky. Not sure who this cashmoneyholla is you speak of . I am sure he was a stand up guy who consistently placed top 5 in the sbr puck contest . Thanks for the welcome to the forum . Mick I clearly can speAk English . I am a salesman on the drilling rigs, need to be highly educated .
Now from looking into your threads I see you guys are 2 of the brokest dicks here ? Who do I tail ? Lakerboy of who is this rudebot fella
Micky how did you do in the homrrun contest last night ? Be honest
hollaComment -
Welcome to the forums new guy. Please make sure you save up enough BetPointsTM to join a great contest starting in October for the NHL.
Sincerely,
Broke Dikk GauchyComment -
I will finally meet Tony and Smokey.
Will be epic.Comment -
I don't think the fights ever going to happen it sounds too good to be trueComment -
Hi TonyComment
