As much as I despise Arum, I believe him in this one particular case. He mentions how he agreed to step aside and let these investors in Abu Dhabi handle the fight, as far as funds are concerned. Of course they never got the money together when asked about it.
I just wish those UAE investors need leave boxing alone. They've promised us big fights over the years, but never seem to show the money.
They're like that deadbeat father that promises to take you to a ballgame, but blows his chances of making things right, by not showing up on game day.