The return of manager Asif Vali has provided a boost for Khan's team, who met with Arum last month at Las Vegas while attending Carl Frampton's defeat to Leo Santa Cruz.
Suggestions had been made that a verbal agreement between the veterans was in place to have them face off with one another either in Khan's hometown stadium, Bolton Wanderers' Macron Stadium, or the Manchester Arena.
Pacquiao has confirmed that 2017 will be his past year of competition and the eight-division world champion wants to fight all over the world.
Another option for Pacquiao's next bout was thought to be the United Arab Emirates with the 38-year-old Filipino world champion saying he would like to fight around the world before finally hanging up his gloves.
Help in distress! LG launches India's first smartphone with a panic button
LG is also expected to bring the other products under the K series they unveiled a few months ago including the K8, K4, and K3. The smart cover for the LG K10 LTE comes in differnet designs along with a notification window on the top.
Pacquiao quickly added fuel to the fire by then asking his Twitter followers to choose his next opponent, with England's Khan emerging as the overwhelming favourite.
Michael Koncz, Pacquiao's adviser, has said, however, that Pacquiao's next fight will take place in the United Arab Emirates, either in Abu Dhabi or Dubai. Or will Khan catch the 38 year-old all time great at just the right time?
The fight is yet to be announced officially, meaning a TV channel has not been chosen to screen the fight.
Whilst Khan's clash against Canelo was also shown on BoxNation.
Man Utd sneak past Blackburn to reach FA Cup quarter finals
And if Manchester City eliminate Huddersfield in their replay, they will face Middlesbrough. "Me and Paul came in to boost that a little".
Pacquiao, who will go down as a boxing great, now boasts a staggering record of 59 wins, six losses and two draws.
The Filipino legend tweeted on Thursday that he and his team are in negotiations with Englishman Amir Khan for his next fight.
Khan, under the tutelage of cerebral trainer Virgil Hunter, has put together a five-fight win streak including a career-best performance against Devon Alexander, but will be looking to bounce-back after suffering a stoppage loss to teak tough middleweight Saul Alvarez.
But King Khan has recorded stand-out victories against the likes of Marcos Maidana, Paulie Malignaggi and Devon Alexander.
Scott Pruitt makes first speech as EPA director
There are countless other interests out there that are pro-energy and pro-jobs. She ordered him to release most of the emails by next week.