By Luke Furman

According to the Ukrainian media, WBC heavyweight champion Vitali Klitschko (44-2, 40 KOs) has doubled the financial offer to undefeated Manuel Charr (21-0, 11 KOs) for a potential fight on September 8. It may take place in Germany or the Olympic Stadium in Kiev. 

The 27-year-old Syrian has yet to sign a contract because the two sides have not reached a financial agreement. Charr was apparently not satisfied with the original offer of 200,000 euros. However, KMG [Klitscko Management Group] made a new offer - and the fee is estimated to be at 400,000 euros.

If Charr still deems the offer as being too low, then the 40-year-old champion will make a proposal to another opponent. Other potential foes include Mariusz Wach, Bermane Stiverne, Luis Ortiz and Seth Mitchell.

Luke Furman covers boxing for bokser.org.