Canelo said that Manny Pacquiao's retirement from boxing was "sad", but it was "about time" for the legend of boxing to hang up his gloves

CANELO ALVAREZ admitted that he was disappointed by Manny Pacquiao's decision not to continue boxing.

With an emotional video message to his legion, Pacman officially closed the curtains on his hall of fame career earlier this week.

Canelo, the current pound-for-pound king, watched Pacquiao rise up the ranks. He admits that seeing the pride of the Philippines call it a day was'sad.

Little Giant Boxing was told by him: "It's sad but it was time.

He was a legend in boxing and did many things.

After his defeat to Yordenis Unitedgas in Las Vegas last month, Pacquiao (42), hinted that he was considering retiring.

He tweeted Wednesday morning a video captioned "To the greatest sports fans and greatest fans in the world, thank-you!"

"Thank you so much for the wonderful memories. It was the most difficult decision I have ever made but it is one that I am happy with.

"Chase your dreams and work hard. And watch what happens." Goodbye boxing.

The senator stated in the video of 14 minutes: "As my boxing gloves are off, I want to thank the entire world, and especially the Filipino people, for supporting Manny Pacquiao. Goodbye boxing.

"It is hard for me to accept the fact that my time as an amateur boxer is done.

"Today, I am announcing that I will be retiring."

He said, "Thanks for changing my life. When my family was in dire straits, you gave us hope, and you gave me the opportunity to fight my way through poverty."

"Because you, I was capable of inspiring people all over the globe.

"Thanks to you, I was able to have the courage and change more lives.

"I will never forget the things I've done and achieved in my life. It is something I cannot imagine."

"I just heard that final bell."

"I didn't think this day would come when I put on my boxing gloves."