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Manny Pacquiao's Promoter APPLAUDS NIKE 'Gay Remarks Are Offensive'

EXCLUSIVE

Did NOT see this one coming!!

Manny Pacquiao's longtime promoter Bob Arum says he AGREES with Nike's decision to fire the boxer -- condemning his anti-gay comments as offensive and completely out of touch. 

Arum joined the guys on the "TMZ Sports" show (airs Wednesday at 9 PM PT, 12 ET on FS1) -- and took a stand AGAINST his own client saying, "Manny's remarks were offensive to many people ... Nike acted appropriately."

You gotta watch the entire interview on the show tonight on FS1 -- we asked Arum if he believes Manny is a homophobe and whether or not he'll drop Manny as a client. 

The whole thing is very interesting. 

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