Floyd Mayweather
Fans want boxing champion Floyd Mayweather Jr to take on Manny PacquiaoReuters

The world clings on to the hope of witnessing the fight of the century between Floyd Mayweather Jr. and Manny Pacquiao, which is tentatively scheduled for May 2, 2015.

But, the ongoing negotiations for the match has not been finalised, so question marks still remain whether the most awaited bout for fans and boxers alike will take place at all.

But, the fight, which is scheduled to take shape at Las Vegas has left many a person frustrated, as negotiations have been going on for a long time.

Top Rank Promotions CEO Bob Arum also seems to be a frustrated person with the way things are moving ahead.

"Nobody's listening to anybody. I have no idea what's going to happen," said Arum, Pacquiao's promoter, as quoted by Ringtv.com.

"I've never been through a situation as crazy as this. I'm tired of it. I've negotiated for 50 years and I've never been through some s*** like this."

Though, there is nothing official from either camp as to why the deal has not been struck, one thing is for sure that the Pacquiao is more than eager to fight the American, as he also stated recently that Mayweather is afraid of him.

As far as the demands made by Mayweather's camp are concerned, Pacquiao has agreed to everything put forward.

Pacquiao is ready for the drug testing as per Mayweather's choice of USADA, 60-40 split in favour of Mayweather and to add to it, the brand of gloves to be used.

Now, what more?

Several media reports suggest one of the problems is the terms for the delayed broadcast of the joint pay-per-view between Showtime and HBO.

One has to consider that both the pugilist have network contracts -- Mayweather with CBS-owned Showtime and Pacquiao with HBO, which is proving to be an obstacle, though HBO clearly stated that they are "not an impediment to the fight."

Arum feels that it can only be settled at the level of the CBS President and CEO Leslie Moonves.

"It's only going to get settled at Moonves' level," said Arum.

"Because otherwise, it will just break up and everybody will just walk away and everybody will blame everybody and all of that s***. That's how I see it now."