Canelo Alvarez and Christian Mbilli have reportedly signed a deal to face each other in September.It marks Alvarez’s first outing since dropping his undisputed super middleweight titles to Terence Crawford on points last September.Canelo has been out of action since his defeat to Crawford last SeptemberGettyHe now has to chance pick up one of his old belts against Mbilli, who was elevated from interim to full WBC champion earlier this year after Crawford was stripped of the green and gold strap.According to Ring Magazine, the pair will headline a ‘Mexico vs the World’ event in Riyadh, Saudi Arabia.While the report did not explicitly mention a date, it is understood that the bout is being lined up for September 12, to commemorate Mexican Independence Day weekend.Alvarez (63-3-2) skipped his usual Cinco De Mayo date in May to undergo surgery on his left elbow.But after completing his rehabilitation, he is now ready to lock horns with Mbilli, whose last fight fell on the Alvarez vs Crawford undercard.The French-Cameroonian was held to a split draw by Lester Martinez at Las Vegas’ Allegiant Stadium in a defence of his interim belt.He captured the secondary title by blowing away Poland’s Maciej Sulecki in one round last June.His promotion to full WBC champion came in January after the sanctioning body first sought to make a vacant world title fight between Mbilli and Hamzah Sheeraz.The Brit opted to go down the WBO route against Alem Begic instead, and so Mbilli was upgraded.MORE TO FOLLOW…