As BoxingScene.com reported on Tuesday, the negotiations have fallen apart for a potential New Zealand grudge match between former WBO heavyweight champion Joseph Parker and undefeated contender Junior Fa.

The two boxers, both rated in the top ten by the WBO, fought four times in the amateurs with each man gaining two wins.

David Higgins, the manager for Parker, had been trying to get a deal together to headline a major card in New Zealand.

Parker, who returning to the ring in February with a knockout of Shawndell Winters in Texas, indicated that Fa and his handlers were asking for way too much money to get a deal done.

Parker felt the match, between two top contenders, would have catapulted the winner in the direction of a world title shot.

According to Higgins, the money being demanded by Fa was actually a bigger figure than what Parker was willing to accept to take the fight.

"Fa is advised, or promoted by Lou DiBella, and my understanding is that the Fa team, which includes Fa, DiBella, and a local manager - the money they want is ridiculous. We're talking 10 or 20 times his biggest ever purse. Parker would have been willing to fight for less than Fa (requested), and Parker is a former world champion. That's called pricing yourself out," Higgins told Sky Sports.

"Fa was looking for far too much, for where they're at. I guess it's a mark of respect for Joseph Parker. They are worried about what would happen, frankly. Their camp had made noises about fighting Joseph Parker, but they should back up their words. We wouldn't see them getting nothing either. Fa would get his biggest-ever payday by several multiples by fighting Parker, but their demands were stratospheric, given the current circumstances.

"I think let's just give it time and meanwhile we'll be assessing other options."