This Saturday Miguel Cotto (40-4) and Saul “Canelo” Alvarez (45-1-1) meet in a much anticipated PPV bout at a catchweight of 155lbs. However, the fight has just been dealt a big blow with the WBC stripping Cotto of his middleweight title for allegedly failing to adhere to their regulations.
So how did this situation come about and why just a few days before the fight? From what we know at the moment it appears as if Cotto failed (or refused) to pay the necessary sanctioning fees.
Although Cotto has been stripped the title can still be won, but only by Canelo, who can still wall away with the belt should he overcome Cotto. Cotto, however, cannot reclaim the title should he emerge victorious.
The WBC have issued a statement on the matter, in which they said:
“After several weeks of communications, countless attempts and good faith time extensions trying to preserve the fight as a WBC World Championship, Miguel Cotto and his promotion did not agree to comply with the WBC Rules & Regulations, while Saúl Alvarez has agreed to do so. Accordingly, the WBC must rule on the matter prior to the fight. The WBC hereby announces that effective immediately has withdrawn recognition of Miguel Cotto as WBC World Middleweight Champion. If Saul “Canelo” Alvarez wins the fight against Cotto, he will be recognized as the WBC middleweight world champion.”