By Terence Dooley
The dust has barely settled on Tyson Fury’s unanimous decision win over long-reigning world heavyweight Champion Wladimir Klitschko in Germany on Saturday night. However, the newly minted Champion has already discovered that boxing moves fast when you are a multi-title holder after the IBF revealed that Fury's mandatory defence against Yyacheslav Glazkov is heading to purse bids.
The organization ordered the two parties to begin discussions on November 30 only for Main Events, representing Glazkov, to announce that they were not prepared to participate in negotiations, instead requesting an immediate move to bids as per IBF Rule 10A, which states that:
‘If the camps are unable to come to an agreement as to the promotion of a title bout in the initial thirty (30) day negotiation period, or if one of the camps certifies in writing during the negotiation period that he is not willing to participate in negotiations, the President of the IBF/USBA shall notify each registered promoter that a purse offer will be held.
‘The purse bid notice shall advise registered promoters of the minimum bid required under this Rule. The purses for each boxer include all expenses for the boxers and their trainers. If no one bids on the title bout at the first scheduled purse bid, a second bid will be held. If no one bids at the second purse bid, the championship may be vacated.’
The IBF has agreed to their request so purse bids for the contest will be submitted by 11:45 am on Friday the 11th of December. The outcome will be announced at noon on the same day.
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