Arum said he favours a showdown in late May and previously told the Los Angeles Times he could secure $50.5 million more with the construction of a temporary venue in Las Vegas before more than twice as many spectators.
"Mayweather wants a guaranteed purse so what he has to do is get a promoter who can give him the guarantee," Pacquiao said. "I don't have problems getting a guaranteebecause I have a promoter who will give me my guaranteed purse."
"If he gets a guarantee, then we are going to share the revenue on a 50-50 basis," Pacquiao added, referring to the money raised from pay-per-view television, gate and broadcast rights.
Arum added: "There is no problem on our part - the problem is on Mayweather's.
"Mayweather needs somebody on his side that's going to guarantee his purse. Mayweather has nobody on his side and GBP [Oscar de la Hoya's Golden Boy Promotions] is not going to guarantee his purse."
Arum insisted that if there was to be no fight in late May against the American, he would move forward with a Pacquiao clash on June 9 against someone else. He listed a re-match against Mexico's Juan Manuel Marquez or Puerto Rican southpaw Miguel Cotto, as well as Americans Tim Bradley and Lamont Peterson, as potential alternatives.
Arum had originally said Mayweather was not on Pacquiao's hit list.
Pacquiao, a southpaw, won a majority decision over Marquez in November to keep his World Boxing Organisation welterweight title.
Mayweather, who turns 35 next month, won the World Boxing Council welterweight title with a fourth-round knockout of compatriot Victor Ortiz. But he is awaiting the June 1 start of a 90-day jail sentence on domestic violence charges, further complicating matters.
- AAP