[Mohsin]

It seems like Amir Khan and Manny Pacquiao have agreed to a historical fight after the boxing duo took to Twitter yesterday to confirm the news, but this will only happen if investors cough up a fair bit of money.

Both fighters have confirmed that negotiations have begun via social media, with the pair hoping to meet for the WBO world-welterweight title in May.

However, Pacquiao’s American promoter Bob Arum has claimed that the deal can only be finalised if investors fork out £31million to stage the fight in the UAE.