Boxing's two most influential promotionas, Golden Boy and Top Rank, might be headed to a reconciliation with Oscar De La Hoya confirming that he had met with rival Bob Arum in Beverly Hills to discuss a working arrangement and ending the long-standing feud. If the two firms can make things work, then it increases the likelihood that the eagerly-awaited Floyd Mayweather, Jr. versus Manny Pacquiao match may eventually happen.
De La Hoya told NY Daily News that he traveled to Arum's place in Beverly Hills to possibly bury the hatchet. He was quoted as saying: "I did go up to his house to make peace with him. I told him, 'Look, this meeting is not a business meeting. Let's bury the hatchet. And who knows, maybe down the road we can work together.' Top Rank is a major player in the boxing industry and Golden Boy is the player in the boxing industry. So why not get the two powerhouses together and make the fights that the fans want to see?"
However, De La Hoya is also embroiled in a power struggle with Golden Boy CEO Richard Schaefer which could also affect plans of a Golden Boy-Top Rank reconciliation. Schaefer has been firm on his stand never to do business again with the 80-year-old Arum, which the Golden Boy himself has been advocating.
According to NY Daily News, Schaefer 'sounded surprised' when told about the meeting between Arum and De La Hoya. However he repeated that he will never work with Arum again.
Do you think De La Hoya will be able to convince Schaefer to do business with Arum again? Tell us @SportsWN!
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