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| Floyd Mayweather has been stripped of the WBO welterweight belt won from Manny Pacquiao |
Five-weight world champion Floyd Mayweather has been stripped
of the WBO welterweight belt won from Manny Pacquiao in May.The 38-year-old
failed to pay the WBO a US$200,000 (£128,000) sanctioning fee by the 3 July
deadline.
Mayweather had been
expected to relinquish the title by now, saying he planned to do so following
his points victory over Pacquiao.Fellow American Timothy Bradley will now
become the full belt holder.
After Mayweather defeated Pacquiao, he had declared
he would vacate all his titles in order to give younger fighters the chance to
win belts.
"The WBO World
Championship Committee is allowed no other alternative but to cease to
recognize Mr Floyd Mayweather Jr as the WBO welterweight champion of the world
and vacate his title." said a statement on wboboxing.com.
Mayweather, who still
holds the WBA and WBC belts at welterweight, has until 20 July to appeal
against the decision.
He is expected to stage
one more fight in Las Vegas on 12 September, although he has yet to name the
opponent.
The
WBO created a vacant interim welterweight belt for the 27 June fight between Bradley
and Jessie Vargas.
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