Alexander Krassyuk, promoter for WBO, IBF, IBO, WBA heavyweight champion Oleksandr Usyk, explains that a "take it or leave it" offer will be issued to WBC champion Tyson Fury in the near future.

Earlier this year, Fury and Usyk were unable to reach an agreement for an undisputed showdown for an April date at Wembley Stadium in London.

They agreed on the money for the initial fight, but their negotiations fell apart when both sides were far apart on the financial terms for the rematch.

Usyk is now scheduled to make an August mandatory defense against Daniel Dubois in Poland.

Fury, having last fought in December of 2022, is still without an opponent.

Last week, it was announced that Usyk had signed an agreement with Saudi Arabian promotional company Skill Challenge Entertainment.

Skill Challenge are attempting to organize a huge December heavyweight doubleheader, which would feature Fury and Usyk in an undisputed fight, and Anthony Joshua colliding with Deontay Wilder in a battle of former world champions.

According to Krassyuk, one final attempt will be made to get Fury on board with a year-end showdown.

“According to my knowledge [Fury] will receive a formal written offer very soon and it will be Tyson's decision whether to take it or leave it. We've done everything possible to make this fight happen and the ball is on Tyson's side. It's an offer to take it or leave it," Krassyuk explained to IFL TV.

"If you take it then you have the biggest fight of your career. If you hesitate or try to trade out something or try to swing around, it shows that you're not serious. And you have to relinquish the belt and retire, not for one month or one week, as you used to retire recently, but probably forever."

World Boxing Council President Mauricio Sulaiman stated in a recent interview that unless Fury is scheduled to fight someone in the coming months, his organization may be forced to order a new mandatory defense to keep the flow of the weight class moving.