A famous Filipino boxer announces his candidacy for the presidential elections in his country

Boxing legend Manny Pacquiao announced Sunday his candidacy for the Philippines' presidential election in 2022, ending months of speculation.

"Here's the moment, we are ready for the challenge of the presidency," said the 42-year-old, who has agreed to be a candidate for a breakaway faction of President Rodrigo Duterte's party.

The announcement came weeks after his last fight in his career, when he lost in Las Vegas on August 22, against Cuban Yordenis Ogas.

It is noteworthy that Pacquiao, nicknamed "Pac-Man", is the only boxer in history to win the world title in eight different weight classes, and is a source of great pride for the Filipinos.