Mayweather and Manny Pacquiao fail to reach agreement

Manny Pacquiao and Floyd Mayweather Jnr have again failed to reach a deal for a megabucks fight.

Despite the prospect of the showdown making £50million, Mayweather, 33, failed to agree to the terms offered for a November 13 date in Vegas by Saturday’s deadline.

Pacquiao, 31 will now look to fight against either Mexican Antonio Margarito or Puerto Rican Miguel Cotto, who he beat last year.