'Canelo' Álvarez will face Amir Khan on May 7

Golden Boy Promotions announced that Mexican boxer Saúl 'Canelo' Álvarez will defend his WBC middleweight title against British Amir Khan on May 7 on HBO Pay-Per-View, the place is yet to be confirmed but rumors suggest that it could be held at new T-Mobile Arena in Las Vegas.

"As the middleweight champion of the world, I will take on the best fighters in the sport and on Cinco De Mayo weekend, I look forward to making the first defense of my titles," 'Canelo' said.

"Amir was a decorated amateur, a two-time world champion and is in the prime of his career. Fans are in for a great fight" he added.