By Ruslan Chikov

Some of the contract terms for the heavyweight fight between IBO/WBO/IBF heavyweight champion Wladimir Klitschko and previous mandatory challenger Alexander Povetkin have been revealed. Their fight was scheduled for September 11 in Frankfurt, Germany. The bout cracked wide open after Povetkin failed to appear at last Monday's press conference in Frankfurt and because Povetkin failed to sign the bout agreement within the 15-day period following the purse bid result.

Klitschko's management complained to the IBF and received permission to sidestep Povetkin. The IBF named the number two ranked contender, Samuel Peter, as the new mandatory challenger to face Klitschko on September 11.

Povetkin's promoters Sauerland Event called the bout agreement received from Klitschko a "slave contract." Povetkin's manager sent some of the details to Russian boxing journalist Alexander Pavlov. Pavlov detailed some of the items that caused friction between Sauerland and Klitschko.

1. Povetkin has to visit (maybe more than one) joint or separate press conferences, participate in press trips, interviews, open training sessions and other public events as prescribed by K2 Promotions [Klitschkos' promotional company].

2. If Povetkin does not appear on one of the press events organized by K2, K2 will fine him the amount of at least $250,000 dollars.

3. K2 refuses to pay for relocation expenses, hotel accommodations, meals and transportation to and from the fight location, etc.

4. K2 refuses to provide health insurance for the duration of the fight and commits Povetkin to bear all of the costs of all medical expenses in treating injuries that he may receive in the fight.

5. Povetkin has to use the gloves provided by K2, from the company Grant. Povetkin is not allowed to bring his own gloves even in an unopened package or use gloves by any company other than Grant.

— Kalle Sauerland of Sauerland Event told Sportal.de the contract was very unfair because K2 did not draft the agreement under the common form of a "mandatory defense" and instead plugged in their own terms as if the fight was made without a purse bid being involved.

"We will not allow Klitschko to dictate their terms to us. We understand that the contract should be signed, according to clear rules, which are drawn up with agreement based on a mandatory defense of title. Klitschko, however, completely ignored these common rules, and we received a document of 26 pages, which can only be described as a slave contract."