Gary 'Spike' O'Sullivan explains why he turned down Gennady Golovkin fight on May 5

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Gary O'Sullivan finally pulled out of his on-off saga with Gennady Golovkin late last week after initially accepting terms for a fight on May 5th.

Firstly set to take place on HBO Pay-Per-View in Las Vegas before being switched to California, the Irishman was fully on board until the goalposts were shifted by Golovkin's team as the clock ran down.

In an appearance on the SiriusXM Radio show this weekend, 'Spike' explained what the situation was.

“Money-wise it’s not on PPV and the fight’s not worth the money that it should be," said O'Sullivan.

“I think they were looking ... to safer options. They dragged it out for over a week and we got nothing official. And the money kept on diminishing as well.

"They made an initial offer I agreed to then they came back with half of that. I’d love to fight [Golovkin] down the road with a bit more notice and more money.”

Golovkin is now on the verge of scrapping the Cinco de Mayo event altogether in favour of a summer date as former opponent Canelo Alvarez awaits his fate at a Nevada State Athletic Commission hearing on Wednesday.

At the Fights airs Mondays and Fridays from 6-8p ET on the first and only nationally-broadcast combat radio channel, SiriusXM RUSH 93, and is hosted by former New York State athletic commissioner Randy Gordon and former #1-ranked Heavyweight contender Gerry Cooney.

Listen to Spike O’Sullivan here: https://twitter.com/SiriusXMBoxing/status/984955189202472960

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