Tyson Fury and Oleksandr Usyk's teams have told the World Boxing Association (WBA) they have reached an agreement for a heavyweight unification fight.
A proposed mouthwatering battle between WBC champion Fury and WBA-Super, IBF, WBO and IBO strap-holder Usyk has been shrouded in doubt as the two parties were unable to settle on terms.
Alex Krassyuk, Usyk's promoter, revealed Fury had rejected a 60-40 purse split in favour of the winner for a bout at Wembley on April 29.
Usyk then put the ball back in "greedy belly" Fury's court by agreeing to the Briton's demand for a 70-30 split, provided he immediately donates £1million to warn-torn Ukraine as they continued to do their talking over social media rather than around the table.
But the WBA later provided an encouraging update, stating assurances have been made that an agreement was reached ahead of Friday's deadline.
"WBA President Gilberto Mendoza received confirmation from Oleksandr Usyk and Tyson Fury's teams that there is an agreement to make the unification fight," the WBA tweeted. "They request time to work on the contracts to close the deal."
Fury to face Usyk in December rematch, says Saudi Arabian official
Tyson Fury's rematch with Oleksandr Usyk will take place in Riyadh on December 21, according to the chair of Saudi Arabia's general entertainment authority Turki Alalshikh.
Earlier this month, Usyk beat Fury by virtue of a split decision to become the first undisputed world heavyweight champion since Lennox Lewis held the WBC, WBA and IBF belts from November 1999 to April 2000.
It was the first defeat of Fury's professional career, with two judges scoring the fight 115-112 and 114-113 in favour of Usyk, and the third scoring it 114-113 to Fury.
Fury subsequently described it as "one of the daftest decisions in boxing" and said a second bout would take place in October, with both fighters confirmed as holding a rematch clause in advance of the first fight.
That date has now been pushed back, but Fury will get a chance to avenge his loss in December.
In a post on X on Wednesday, Alalshikh wrote: "The rematch... is now scheduled on the 21 of December 2024 during Riyadh Season.
"The world will watch another historical fight again. Our commitment to boxing fans continues. We hope you enjoy it."
On Tuesday, Fury's promoter Frank Warren told Sky Sports he was confident the Gypsy King would bounce back.
"I spoke to him [Fury] after the fight and obviously when he got back just to make sure he's okay. He was very disappointed but very philosophical," Warren said.
"It was a fabulous fight, two absolute gladiators who didn't leave anything in the ring in an epic fight, the most important fight of the 21st century. It was a very, very close fight and I think it will be an even bigger one next time."
'I believe I won' - Fury loses historic undisputed championship to Usyk
Tyson Fury voiced his frustration after suffering the first defeat of his career to Oleksandr Usyk in their undisputed world heavyweight title fight in Saudi Arabia.
Usyk won by split decision to become the first undisputed heavyweight champion since Lennox Lewis, and the first to unite all four belts.
The scorecards read 115-112 and 114-113 in favour of Usyk, while a third judge scored 114-113 to Fury.
After an even start, the momentum shifted in a brilliant ninth round for the Ukrainian as he caught Fury with a left hook, forcing the referee to give him a standing count before the bell saved him from a further onslaught.
A defiant Fury was not happy with the result, suggesting that Usyk received a sympathy vote from the judges.
"I believe I won that fight," he said in the ring. "I believe he won a few of the rounds, but I won the majority.
"His country is at war, so people are siding with the country at war. Make no mistake, I won that fight, in my opinion.
"It was one of the daftest decisions in boxing. We run it back in October. I'm not going to sit here and cry and make excuses."
Usyk remained undefeated as he took Fury’s WBC belt to add to his WBA, WBO and IBF collection.
"Thank you so much for my team. It's a big opportunity for my family, for my country," an emotional Usyk said afterwards. "I'm very happy.
"My people will be very happy. I think it's a big win, not only for me, it's a big win for my country, for soldiers who now defend my country.
"I think my father now is watching over me and is very happy. Dad, I love you. I can, you told me I can."
John Fury appears to headbutt member of Team Usyk ahead of undisputed bout
Tyson Fury's father John Fury was left with a nasty cut on his face after appearing to headbutt a member of Oleksandr Usyk's entourage at a pre-fight media day on Monday.
WBC belt-holder Fury will face Usyk for the undisputed world heavyweight title in Riyadh, Saudi Arabia on Saturday, with both men defending undefeated professional records.
With both fighters and their camps present at a hotel in the city for media duties on Monday, the build-up to their bout – the most eagerly anticipated in the heavyweight division in recent years – got off to a chaotic start.
Fury's father was pictured with blood running down his forehead after becoming involved in an altercation with a man wearing a Team Usyk tracksuit.
Widely shared footage on social media appeared to show him headbutting the man, who then had to be restrained by other members of Usyk's entourage.
It was later reported that the Saudi Arabian authorities were aware of the incident but did not plan to take any action.
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