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Although Manny Pacquiao’s camp are still on crossroads on who to fight next, Zanfer Promotions head Fernando Beltran who promotes Juan Manuel Marquez (54-6-1, 39KOs) said in an interview with Boxing Scene that a fourth fight between the rivals is done deal.

Based from previous reports, Pacquiao (54-4-2, 38KOs) is choosing between Marquez, Miguel Cotto, and tormentor Timothy Bradley. And now that Cotto is set to fight an unknown on December and Bradley isn’t a marketable opponent for now, Marquez gained the upper hand and his promoter said that it is almost 95% done.

“The only reason that I can’t guarantee the fight is happening is because there isn’t a signed contract from Pacquiao in front of us,” Beltran said. “Nevertheless, in the next few hours we will have it. I can’t say anything more because I am being conservative, but I can say that it is 95 percent done.”

Pacquiao and Marquez figured in three close fights with their first showdown ending in a controversial draw in a fight in which one of the judges that scored a draw admitted that he had a mistake in scoring.

The Filipino champion emerged victorious in 2008 via controversial split decision win and following it up with another controversial majority decision win over Marquez.

Beltran said that after Pacquiao’s defeat against Bradley last June, the Filipino is now aware of how it feels being robbed with a win and said that fighting and winning convincingly against Marquez is the only way to regain his old credibility.

“Pacquiao knows that he needs to fight Marquez in order to regain his credibility,” Beltran said. “It is the opportunity for him to vindicate himself with the boxing world and the opportunity to clearly beat Juan.”

If ever a deal will be signed, the bitter rivals will slug it out again on December 8 in Las Vegas or New York.

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