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Pacquiao v Hatton back on

Manila - Manny Pacquiao of the Philippines said on Friday he has agreed to fight fellow boxing superstar Ricky Hatton of Britain, two days after walking out on the May 2 deal over a dispute on the megabucks purse.

"The world is looking forward to it, so the fight is on," the World Boxing Council lightweight champion said over local radio.

"I have spoken to Bob Arum," the "Pacman" said, referring to the US promoter who handled his side of the fight negotiations. However he would not discuss the agreed terms.

Filipino sports website Philboxing.com quoted Pacquiao confidante Rex Salud as saying the Filipino superstar accepted a guaranteed $12 million purse and a 52-48 split in the prize money in his favour.

The much-anticipated fight will take place in Las Vegas on May 2 as earlier scheduled, the report said.

The match had been called off on Wednesday after Pacquiao, who sent US boxing golden boy Oscar de la Hoya into retirement in a lopsided Las Vegas non-title bout last month, refused to sign a contract for a 50-50 split of revenues from the fight.

The spurned contract supposedly assured the Asian superstar, a four-time world champion in several weight divisions, of between $10 million and $12 million.

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