ANTHONY JOSHUA vs Tyson Fury is one step closer to being announced after Eddie Hearn sent the £200million contract to Frank Warren and Bob Arum.
Boxing fans around the world have been clamouring for the fight for much of the last 12 months, particularly since Fury's demolition of Deontay Wilder last February.
And Matchroom promoter Hearn has fight fans salivating after he sent a draft agreement to Fury's team.
The Gypsy King's UK promoter Warren and his US counterpart Arum will look over the documents and respond with any requested amendments in the coming days.
And a final agreement could be reached within two weeks, according to Hearn.
Joshua's Essex based promoter also confirmed the fight will take place in June.
But a location is yet to be agreed with Qatar, Saudi Arabia, Dubai, Abu Dhabi, the USA, Australia and Singapore all being mooted.
Hearn told the Mail: "The first draft of the contract has now gone out to Bob Arum, which is obviously a good thing.
"The contract reflects the positive nature of the discussions we have had so far around this fight.
"We now await their comments before we all move on to agreeing a location. We hope to have something signed within the next two weeks."
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Hopeful projections see the fighters receiving a staggering £100m each after all necessary costs are paid thanks to site fees and pay-per-view cash.
The first fight will be split 50/50 with the rematch being 60/40 in favour of the winner.
On Monday, the Gypsy King's US co-promoter Arum, 89, explained to talkSPORT: "I talked to Eddie yesterday.
"Eddie, with the Joshua people, will have the first draft of the contract to us on Tuesday.
"And then I will circulate it to Frank [Warren], to Tyson and to the various lawyers.
'IT IS A NO-BRAINER'
"We’ll then get back to Eddie with our comments and I really believe that this is pretty much a no-brainer because everybody are professionals and want this to happen.
"So I think shortly we’ll be able to tie this up and then jointly select the site."
Hopes were raised that the 'Battle of Britain' unification bout would take place on home soil.
But given the current uncertainty over crowds in the UK due to coronavirus, those plans have been scuppered.
Arum continued: "The appropriate place would’ve been the United Kingdom.
"But with the restrictions and uncertainty, we’re looking for a site someplace else – be it the Middle East or Asia.
"And I’m sure that once we get this document signed, we’ll jointly be able to select the site and get it announced."
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