Oscar De La Hoya blasts decision to strip Canelo Alvarez of IBF middleweight title


Canelo Alvarez’s team are considering legal action against the sanctioning body over their decision.

Oscar De La Hoya has blasted the IBF’s decision to strip Canelo Alvarez of his world title.

Alvarez was stripped of the title after failing to agree a deal with mandatory challenger Sergiy Derevyanchenko

The Mexican won the belt by beating Daniel Jacobs in Las Vegas in May but was angry Derevyanchenko was made mandatory, after losing to Jacobs in his previous fight.

The Mexican fighter’s team – Golden Boy Promotions – are considering legal action against the sanctioning body.

Derevyanchenko is now close to a deal to face Gennady Golovkin for the now vacant belt.

And De La Hoya believes the Ukrainian’s team had no intention of agreeing to any offers put to him.

He said: “We are extremely disappointed at the IBF for forcing the world’s best fighter to relinquish his world title.

We have been in serious negotiations with Sergiy Derevyanchenko’s promoter.

“We offered his team an unprecedented amount of money for a fighter of his limited stature and limited popularity, but the truth is that I’m now certain they never had any intention of making a deal.

But instead they wanted to force us to relinquish Canelo’s belt.

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“This is an insult to boxing and more importantly an insult to the boxing fans of the world.

“This decision validates already existing concerns about the credibility of the IBF championship.

“Canelo inherited a mandatory challenger by defeating Daniel Jacobs, the man who beat Derevyanchenko, so to strip him of his title without giving him enough time to make the best fight possible is truly what is wrong with boxing.

“I plan to aggressively consider all legal actions possible.”

It is not known why a purse bid, the usual procedure when a deal can’t be agreed between the teams, was not called.

The Mexican is still hoping to face WBO light-heavyweight champion Sergey Kovalev in October if the Russian defends his title successfully against Brit Anthony Yarde later this month.


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