The recognition by the organisations of each other's champions only pertains to mandatories and unifications. A franchise champion won't have any mandos and a franchise title can't be unified with any other titles, because it can't be won in the ring.
There is literally nothing for the WBA, WBO and IBF to recognise in a franchise champion.
There is literally nothing for the WBA, WBO and IBF to recognise in a franchise champion.
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