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Floyd
Mayweather, pictured here in training, will face Manny Pacquiao at the MGM Grand in Las Vegas on
May 2
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Ringside tickets for the welterweight
unification clash between Floyd Mayweather and Manny Pacquaio are fetching
upwards of £85,000 online after official outlets sold out within minutes on
Thursday night.
Around
500 tickets went on sale to the general public on Thursday with the majority of
seats in the 16,500-seater MGM Grand already allocated to the hotel, Mayweather
Promotions and Top Rank, who promote Pacquiao.
Five
price categories ranging from £1,000 to £5,000 were offered at face value but by
Friday morning prices were varying from £3,900 to £85,000 on secondary seller
StubHub.
The
May 2 bout is one of the most anticipated in boxing history with the WBO, WBA
and WBC titles all on the line.
There
were fears the fight was under threat due to a stand-off over ticketing but the
brinkmanship came to an end on Wednesday evening when the contracts between the
hotel and the promotional companies representing Mayweather and Pacquiao were
signed.
Overall
revenue from ticket sales is expected to scale £50million, breaking the
previous record by three times and elevating the size and location of the rival
camps' allocations at the MGM Grand's Garden Arena into a key area of
negotiation.
Further
money will be raised from closed-circuit broadcasts of the fight at MGM
properties, with up to 50,000 tickets being made available at £100.
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