The success of Manny Pacquiao is delivering a knockout blow to Filipino dreams of a first Olympic gold medal, with young boxers fast-tracking to the professional ranks in a desperate bid to escape poverty and emulate the success of their hero. Manny Pinol, a former governor of North Cotabato and current manager of boxers through his Braveheart Boxing stable, says the success of the eight-weight world champion is hindering the amateur Olympic program at home. Despite boasting a population of over 100 million and a love of boxing, the Philippines will send just one fighter to the London Olympics later this year – the same number as the tiny Seychelles – leaving little hope of adding to the three bronze and two silvers won by their boxers in previous Games. All this while Pacquiao (welterweight), Nonito Donaire (super-bantamweight), Sonny Boy Jaro (flyweight), and Donnie Nietes (light flyweight) hold world titles in the pro ranks. “Manny Pacquiao's success is hurting our amateur boxing program because every young boy now would like to become Manny Pacquiao,” Pinol said. “They don't want to be amateur because there is simply no money in it, it is just a dream of a (Olympic) gold and it is actually more difficult to win than a world boxing title.” In the Philippines, the rags to riches story of Pacquiao, who came from a poverty stricken broken home to become the first man to win world titles in eight divisions, and then be elected a congressman, inspires a nation. His fights in America have earned him millions and regularly bring the Philippines to a standstill as his compatriots stop work and flock to big screens across the country to support him. His guaranteed purse for his June 9 bout against undefeated American Timothy Bradley is $25 million, according to media reports, with more expected to come from television money which is counted after the fight. In 2009, the government statistics agency said 27 percent of Filipinos lived below the poverty line, leading many young fighters and pushy parents to sidetrack the unpaid amateur game, where skills are honed and lessons learnt, to chase the wealth that Pacquiao commands in Las Vegas. But the path to greatness is a long hard road with no shortcuts. While promising talents may possess the power punching of the 33-year-old “PacMan” not all can boast his boxing skills. Pinol was in Singapore with one of his fighters, Lorenzo Villanueva, who was attempting to win the vacant IBO featherweight title in a bout with Indonesian Daud Yordan. Villanueva, a silent, timid but immensely powerful puncher, knocked down his opponent within 20 seconds of the first round of his fight. However, his inexperience showed and he was knocked out in the second after swinging aimlessly for a final punch. For the slight 26-year-old Villanueva, whose father was murdered when he was a boy and his mother left shortly after leaving him to raise his brothers and sisters, the dream of accumulating enough money to send his siblings to college has been delayed by defeat in Singapore. “Lorenzo is a product of a grass roots boxing program which I started in 1998 when I became governor,” Pinol said. “I formed a team, built a ring, acquired some gloves, went from one village to another and asked young boys interested in boxing to go up to the ring for the measly price of 100 pesos for the winner and 50 pesos for the loser. Pinol acknowledged Villanueva's lack of technical skill, and that his impoverished background forced him into the professional ranks early, but he hopes to send two fighters from his camp to the Rio Games in 2016. — Reuters __