By Edward Chaykovsky

Australian legend Jeff Fenech has confirmed to several outlets in Australia that former three division world champion Shane Mosley has abandoned the fight with Anthony Mundine, scheduled to take place on Wednesday in Sydney. Fenech says Mosley was seen preparing to board a flight at Sydney Airport. Promoter Vlad Warton was desperately trying to save the fight, but Mosley skipped out after non-payment of $700,000 that he was owed for the bout.

Mosley was promised $1 million dollars for the fight and he was given a $300,000 advance a few weeks ago. He wanted the remainder prior to stepping in the ring with Mundine.

"Shane has listened to his management, his contract wasn't fulfilled and he went home," Fenech told Sky Sports Radio. "He is managed by professional people in America and there was something that wasn't done contractually so he has been told to go home."