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Oscar De La Hoya: Derevyanchenko didn’t want to fight Canelo

The Golden Boy promoter doesn’t think Sergiy Derevyanchenko’s team actually wanted to fight Canelo Alvarez.

Canelo Alvarez v Rocky Fielding - Press Conference Photo by Bill Tompkins/Getty Images

With the news that Canelo Alvarez has been stripped of the IBF middleweight title after failing to come to an agreement with mandatory challenger Sergiy Derevyanchenko, we’re now looking at, it seems, Canelo against Demetrius Andrade for the WBA and WBO middleweight belts this fall, plus Derevyanchenko possibly facing Gennadiy Golovkin for the vacant IBF title.

Golden Boy promoter Oscar De La Hoya says he’s disappointed that the IBF have stripped Canelo, and blasted Derevyanchenko’s team, saying he was offered big money, and that he now believes they never actually wanted the fight, only looking to get the title off of Alvarez to fight someone else.

“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,” De La Hoya said in a statement.

“But instead they wanted to force us to relinquish Canelo’s belt. 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, and I plan to aggressively consider all legal actions possible.”

As for the legal actions, we’ll see if De La Hoya and Golden Boy actually go anywhere with that, but it’d be tricky at best. But De La Hoya’s statement is clear: Derevyanchenko just wanted to force the title vacant, and didn’t actually want to fight Alvarez, at least in his view.