Manny Pacquiao, the Filipino boxing legend, has retired from the ring.
On Wednesday, the eight-division world champion and senator from the Philippines announced his retirement from the ring.
“I would like to thank the whole world, especially the Filipino people, for supporting Manny Pacquiao. Goodbye boxing,” the 42-year old said in a 14-minute video posted on his Facebook page. “It is difficult for me to accept that my time as a boxer is over. Today I am announcing my retirement.”
Manny Pacquiao’s 26 year boxing career comes to a close having fought a total of 72 boxing bouts with a total of 62 wins 8 losses and 2 draws. 39 of his 62 wins being by knockout and 23 by decision. He won a total of 12 world titles and is credited with the record of being the only boxer in history to win titles in 8 different weight classes
His retirement from boxing followed a disheartening defeat to Yordenis Ugas in Paradise, Nevada on Aug. 21. The younger Cuban boxer beat Pacquiao by unanimous decision, retaining his WBA welterweight title. It was Pacquiao’s first fight in more than two years.
“Thank you for changing my life, when my family was desperate, you gave us hope, you gave me the chance to fight my way out of poverty,” Pacquiao said in the video. “Because of you, I was able to inspire people all over the world. Because of you I have been given the courage to change more lives.”
Pacquaio had hinted at retirement recently. It also had been expected because he is setting his sights on a bigger political battlefield. Earlier this month, he accepted his political party’s nomination and declared that that he will run for Philippines president in the May 2022 elections.
He has accused the administration of President Rodrigo Duterte, his former ally, of making corruption worse in the Philippines. He promised to fight poverty and warned corrupt politicians they will soon end up in jail.