Ukraine's Vladimir Klitschko retained his world heavyweight titles by handing Uzbek fighter Ruslan Chagaev his first defeat thanks to a technical knockout after the ninth round on Saturday. Klitschko, 33, held on to his IBF, IBO and WBO belts when the referee stopped the fight before the start of the 10th round in front of 61,000 fans with the WBA champion-in-recess bleeding from a large cut above his left eye. It was the biggest boxing audience in Germany in 70 years. “Tonight we, my team and I, beat a reigning world champion and you were here to witness it,” Klitschko told the cheering crowd in the sold-out Schalke 04 soccer stadium. “You cannot underestimate Chagaev. He's a terrific fighter. Today he did everything to beat me but I was better,” he added. Standing 1.99 meters tall, Klitschko initially held the challenger, who is 14 centimeters shorter, at bay with his longer reach before knocking his opponent down with a powerful left-right combination midway through the second round. Unable to get close to the champion, Chagaev, who had a 25-0-1 record going into the fight, took a series of punishing jabs that slowly chipped away at his defenses. He suffered a three-centimeter cut above his left eye in the sixth round but battled on gamely. Chagaev, 30, who did not face WBA champion Nikolai Valuev after the Russian pulled out of their fight late last month because the Uzbek had the hepatitis B virus, managed to come back and landed a couple of body blows. But Klitschko dominated in the eighth and ninth rounds, repeatedly forcing Chagaev to the ropes and landing dozens of punches as his shaken opponent's eye bled profusely. Referee Eddie Cotton inspected the wound after the ninth round and decided to stop the fight in favor of the Ukrainian whose performance takes him to 53-3