The five-weight king claimed the title in May but has failed to pay a sanctioning fee or decided at which weight class to continue as champion
Floyd Mayweather has been officially stripped of his Welterweight world title for failing to comply with rules.This is the title he won after beating Filipino Manny Pacquiao this year .
According to the World Boxing Organization,he missed a deadline to pay a $200,000 sanctioning fee from the fight and vacate the junior middleweight title he also held.
Mayweather celebrates his victory over Pacquiao
The WBO said it is against the rules for boxers to hold world titles in multiple weight classes and that Mayweather had to indicate which weight division he would retain.The said in a statement;
“The WBO World Championship Committee is allowed no other alternative but to cease to recognise Mr. Floyd Mayweather, Jr. as the WBO Welterweight Champion of the World and vacate his title, for failing to comply with our WBO Regulations of World Championship Contests. The WBO has the utmost respect for Floyd Mayweather Jr. and all that he has accomplished during his storied career”.
An angry Mayweather Promotions CEO Leonard Ellerbe told ESPN.com;
“It’s a complete disgrace,”Floyd will decide what, or if any, actions he will take. But in the meantime he’s enjoying a couple of hundred million he made from his last outing and this has zero impact on anything he does”
Floyd made over $300m from the fight.
Read More:Espn
SEE ALSO: Mayweather defeats Manny Pacquiao after 12 rounds of boxing
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Floyd Mayweather stripped of his WBO welterweight title after failing to pay £128,000 fee
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