Tyson Fury has cancelled his proposed heavyweight fight with Anthony Joshua after a deadline set by Fury’s camp expired on Monday without a deal.
Fury issued an ultimatum to Joshua on Friday night, stating that if a deal could not be reached in time, he would withdraw from the blockbuster all-British fight.
Joshua’s promoter, Eddie Hearn, had already stated that contracts would not be signed by Monday.
Joshua stated during an Instagram Live: “It’s not in my hands; it’s in the hands of a legal team. That is why you hire attorneys.
“You know the history of boxing; make sure your legal terms are correct. That is why you have good management and lawyers.
“So, of course, I’ll sign the contract. It’s only with a few lawyers right now.”
Fury’s offer of a 60-40 purse split has already been verbally accepted by Joshua’s team.
Last month, Joshua was defeated for the second time in a row by Oleksandr Usyk in Saudi Arabia, and Fury’s hopes of a title unification match were dashed after the Ukrainian stated he will not return to the ring until 2023.