By Miguel Rivera

Golden Boy Promotions President Eric Gomez, who promotes Mexican superstar Saul "Canelo" Alvarez (49-1-2, 34 KOs), is claiming that a deal was reached several weeks ago with IBF, IBO, WBA, WBC middleweight champion Gennady Golovkin (38-0-1, 34 KOs).

But, he says Golovkin came back after a few weeks with a new set of terms - mostly financial.

The two sides were negotiating the terms for an HBO Pay-Per-View rematch, for September 15 in Las Vegas.

Golovkin is looking for a better deal.

According to his promoter, Tom Loeffler, Canelo is firm on a 65-35 split - while Golovkin would like an even 50-50 split.

In the first contest from September 2017, which ended in a controversial twelve round draw, the split was 70-30 in Canelo's favor.

"They had a contract for six weeks," Gomez said to Univision. "We sent them an contract in April, they came back with changes, we accepted those changes, and they've been sitting on this agreement and I was getting information that the structure was good, everything was fine.

"But then the entire structure of the contract was changed and it's unacceptable. The new demands were unacceptable. Golovkin's team put terms on the table that are impossible to accept, it is clear that Golovkin does not want to fight against Canelo. I really think he is afraid of Saul."

Gomez explains that Canelo will have no problem with securing a new opponent for September, while Golovkin has a mandatory challenger hanging over his head.

"Golovkin will have to face his mandatory challenger under the International Boxing Federation, Sergiy Derevyanchenko. Canelo has options like Daniel Jacobs, Billy Joe Saunders, Jermall Charlo, Gary O'Sullivan and even David Lemieux," said Gomez.

"Canelo is always in shape. He will take a break this week, but then he'll return [to training] at the beginning of July. It all depends on the negotiations with the different promoters, but he is ready [to fight]."