The world title boxing belt Chris Eubank won during his 1991 fight with Michael Watson is still up for sale after it did not sell at an auction.

The super middleweight championship belt was expected to fetch about £4,000 when it went under the hammer at Wallis and Wallis auctioneers in Lewes on Thursday.

But the belt will now remain on sale all week after it failed to reach its reserve of around £3,500.

Eubank, who lives in Hove, put up the belt for auction to raise money at a benefit for Watson, who suffered serious brain damage after the fight at White Hart Lane, north London.

It was sold for about £3,000 to a man from Sussex who, it is believed, knew Eubank and was at White Hart Lane on the night and, 14 years on, has decided to put it back up for sale.

Glenn Butler, auctioneer at Wallis and Wallis, based on West Street, said: "Unfortunately it didn't sell. It didn't make the reserve price of around £3,500.

"One man was interested but in the end it was not bought.

"So the belt will remain up for sale for the next week and then if it is not sold it will go back to the owner. "

Auctioneers at Wallis and Wallis wondered if Eubank would want to buy back his belt but the former champ decided against it.

Eubank, 38, of Upper Drive, Hove, said: "That belt would obviously mean more to me than to anyone else because I earned it but ultimately I am not going to get involved with the trading of something like that.

"It has already raised money for charity and that's enough. It was something that I put up for auction and it should stay that way."

Roy Butler, auctioneer at Wallis and Wallis, added: "The belt is absolutely beautiful.

"It's very large and made of leather with lambswool on the inside."

Anyone interested in buying the belt can call Wallis and Wallis on 01273 480208.