Former heavyweight world champion Deontay Wilder is very pleased with last week's arbitration victory - which allows him to secure a third fight with Tyson Fury.

Back in February 2020, Fury stopped Wilder in seven rounds to capture the WBC title at the MGM Grand in Las Vegas.

Wilder would then exercise an immediate rematch clause.

After several postponements, mostly due to the coronavirus pandemic, Fury and his handlers deemed the rematch clause as "expired."

Wilder would then initiate a legal action to enforce his contractual right to a rematch.

Fury was trying to finalize a full division unification with IBF, IBO, WBA, WBO champion Anthony Joshua.

The two sides had a tentative date of August 14 in Saudi Arabia.

But those plans came crashing down last Monday, when it was announced that an arbitrator had ordered Fury to honor the rematch clause with Wilder.

The trilogy fight has a target date of July 24 in Las Vegas.

"[Wilder was] just thrilled [with the outcome]. It was just phenomenal," Wilder's co-manager Shelly Finkel told Sky Sports. "It was a great, great feeling.

"There's a parable about the dog with the bone. The big bone was Saudi Arabia, and you end up with nothing. [Bob] Arum [Fury's promoter] wants it in July, because they believe Fury is just going to walk through Deontay, and then they can get that fight on with Joshua, provided he beats Usyk in the fall. That's what their game-plan is obviously, but we aim to derail that. We'll see."

Finkel explains that at some point Joshua's promoter, Eddie Hearn, realized that there were legal liabilities hanging over his head by attempting to finalize the Fury unification.

"I don't think you have an arbitration out there and you go say, 'Well, we've made a deal already.' That to me is just not the logical way to do things and then after that, you don't hear Eddie [Hearn, Joshua's promoter] say anything," Finkel said.

"The reason, obviously someone told him, 'You better not say things, because if Fury fights you, your guy instead, you have massive, massive liability.' You have induced a breach of a contract, that's been adjudicated in the court and you induced him to do it, by hanging Joshua out there for it.

"It became obvious to Eddie, because he's smart, I better shut up, and I had nothing to do with it. But they knew there was an arbitration case. Everyone knew it and there was at one point, Arum went for a summary judgement. It was denied. Once it's denied, you've got to know there is something the judge is thinking, because he would have given you an indication the case was over.

"You have to have your own self logic. You've got to say, 'Look, even if it's a one percent chance I'm going to lose, it's a one percent chance.' I can't say, 'It's not going to happen.' They deluded themselves. Al and I just continued to press forward. You didn't hear us in the papers, you didn't hear us saying anything. Avoided all press. I just don't get that kind of sureness that nothing could happen."