By Rick Reeno

Russian promoter Vladimir Hryunov tells BoxingScene.com that he needs a total of three days to resolve all of the outstanding issues in the ongoing negotiations to finalize a deal between WBO/IBO/WBA/IBF champion Wladimir Klitschko (60-3, 51 KOs) and mandatory challenger Alexander Povetkin (26-0, 18 KOs).

The fight is scheduled for October 5th in Moscow, Russia. The two sides have until June 7th to finalize the fight per the regulations of the WBA.  Hryunov won the WBA's purse bid with a financial figure of $23 million dollars. According to the WBA's split, Klitschko stands to receive $17 million dollars of that amount.

In an earlier article on BoxingScene , Klitschko's manager, Bernd Boente, said the issue of drug testing was still unresolved - among other items. Regarding the drug testing organization of record, Klitschko wants to use NADA [Nationale Anti Doping Agentur], based in Germany - while Povetkin's side wants to use RUSADA [Russian Anti-Doping Agency], which the Klitschko side rejected. Both NADA and RUSADA are affiliated with WADA [World Anti-Doping Agency].

Besides the drug testing situation, there are numerous contractual issues related to money, officials and several other areas. The only item both sides have agreed upon, says Boente, is having Klitschko walk to the ring last.

"We have no agreement at the moment on the whole contract. There are many issues about the financial flow, the situation with the ring doctors, the local commission...many issues. All of the issues that you can imagine in a boxing fight. I think at the moment, at the best I would say the fight is 50-50," Boente told BoxingScene.com.

Hryunov realizes that Boente is looking out for the best interest of his fighter. The Russian promoter is planning to work around the clock to get a deal done before the deadline.

"I think it's clear that Mayweather-Pacquiao is not going to happen, so I believe Klitschko-Povetkin is right now the biggest fight in boxing. There is a considerable amount of interest from fans all over the world and the tickets for this event are going to sell through the roof. Boente is looking out for his fighter. I'm going to work very hard with Boente to reach an agreement and I expect that in three days all of the issues will be resolved and a deal will be struck. I'm confident everything will be worked out and the fight will happen as planned," Hryunov told BoxingScene.com.