According to boxing insider Michael Coppinger of ESPN, Turki Alalshikh - Head of Riyadh Season and the General Entertainment Authority - is "suspending efforts" to finalize a lucrative three-fight deal with super middleweight world champion Saul 'Canelo' Alvarez.
As previously reported by The Ring, an agreement was in place for Canelo to defend his super middleweight crown against Terence Crawford on a September date at Allegiant Stadium in Las Vegas. The fight with Crawford would have been the first bout of this agreement.
Coppinger indicates that Canelo and Crawford signed term sheets after agreeing to a deal - and that the Mexican star's decision to move forward with a planned fight against social media star Jake Paul is the potential cause for the fallout in finalizing the multi-fight pact
Also revealed in breaking news, was Alalshikh's interest in making a fight between Crawford and welterweight world champion Jaron “Boots” Ennis later this year.
Ennis returns on April 12, in a unification showdown with WBA world champion Eimantas Stanionis. The vacant Ring Magazine welterweight title will be at stake.