Manny Pacquiao speaks to media at the postfight press conference after winning against Chris Algieri during the WBO world welterweight title at The Venetian in Macau on Nov. 23, 2014
Chris Hyde—Getty Images
By David Stout
Updated: January 17, 2015 11:18 AM ET | Originally published: January 15, 2015

Correction appended, Jan. 16, 2015, 10:18 a.m. E.T.

Boxing fans hoping to see the fight of the century between eight-division world champion Manny Pacquiao and unbeaten Floyd Mayweather will have to keep waiting.

Earlier this week, Pacman’s publicist Fred Sternburg labeled the negotiations between the fighters as a “process” but said things were headed in a good direction.

“There is still a long way to go,” said Sternburg in a message to the BBC that was shared with TIME. But, he conceded that “the movement has been in a positive direction.”

The potential matchup between arguably two of the greatest welterweights to have ever laced up gloves has been stalled for the better part of eight years because of management feuds, contract disputes and disagreements over drug testing schemes.

[BBC]

Correction: The story has been updated to include the full statement from Pacquiao’s representative. The original version of this story also misidentified Fred Sternburg. He is Manny Pacquiao’s publicist.

Contact us at editors@time.com.

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