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fury v joshua Fight that Daniel Kinahan helped broker will bring the 'biggest money in heavyweight boxing history'

Promoter Bob Arum said that the money which will be made from the fight could be the biggest ever purse with a more than two million pay per view audience in the UK alone.

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Daniel Kinahan was name checked by Tyson Fury as the broker behind the heavyweight super-bout with Anthony Joshua

Daniel Kinahan was name checked by Tyson Fury as the broker behind the heavyweight super-bout with Anthony Joshua

Daniel Kinahan was name checked by Tyson Fury as the broker behind the heavyweight super-bout with Anthony Joshua

The heavyweight fight that placed Daniel Kinahan into the eye of a storm when Tyson Fury named him as its powerbroker is set to be the most lucrative boxing event in the history of the sport.

Promoter Bob Arum, who called Kinahan ‘the Captain’, says that the ‘first draft’ of an agreement has been drawn up and the clash between Fury and Anthony Joshua will likely take place in June.

Arum told a US podcast that the money which will be made from the fight could be the biggest ever purse with a more than two million pay per view audience in the UK alone.

“We are proceeding ahead with the fight between Fury and Joshua and I hear the first draft of an agreement. It’s a draft, I’m working on it,” he told the 3 Knockdown Show. “We are going to come together to get this thing done and I hope it takes place in June.”

Arum said the fight will take place in Asia or the Middle East.

“There will be a substantial site fee, if it’s done outside of the UK and US. It will probably be the biggest money fight in heavyweight boxing history.

“There’s all professionals working on it, and it’ll be massive. You can’t count your chickens before they hatch, but I am optimistic of how well this fight will do — both from the site standpoint and the pay per view standpoint.”

The previous most lucrative fight between Conor McGregor and Floyd Mayweather earned incredible sums estimated at $30 million and $100 million for the two fighters, but believed to be far higher.

Arum said while Fury has ‘Americanised’ himself somewhat it would not be possible to hold the fight in the US with Covid restrictions in place.

“We are looking at the Mid East. We are looking at Asia. Those are the two possibilities where it could happen. In Singapore or maybe Macau and in the Mid East various countries have expressed an interest.”

During the interview Arum said that the promoters and the U.S. MGM hotel group were trying to get fights going in Las Vegas over the next few months.

“We are in a bubble here in Las Vegas. We have a good working relationship with MGM. They are talking to the governor and it looks like starting in May we may be able to get significant numbers of spectators at a boxing show.

“I’m not 100 per cent on this. We would have to limit to those with proof of vaccination. We can see light at the end of the tunnel. April is too soon but definitely starting in May.”

Arum is Fury’s co-promoter in the venture along with MTK. Last year the octogenarian sparked a huge controversy when he defended Kinahan, saying he helped negotiate an initial deal for the fight.

A selfie video by Gypsy King boxer Tyson Fury went viral when he gave a shoutout to Kinahan for getting the bout over the line.

But the tables turned when the Irish Government came out against Kinahan’s involvement in the top level powerbroking and he was dropped by a Bahrain sports firm who had hired him.

Kinahan retreated to the shadows as controversy intensified and the UK and US media began to question his involvement in the sport. Arum and Fury said they would continue negotiations without him.

A BBC documentary screened on Monday night examined Kinahan’s links to boxing and follow his role both publicly and behind the scenes since he founded the MGM [MTK’s original name] gym in Marbella in 2012.

Kinahan enticed Fury into MGM when he was at his lowest ebb after succumbing to addiction and mental health issues. He went to train on the Costa Del Sol in the summer of 2016 — months after the Regency Hotel attack had ignited a bloody feud in Dublin between Kinahan and his rival in the Hutch faction.

In 2017, MGM announced a buyout by businesswoman Sandra Vaughan and said Kinahan had retreated from his role in the gym. It changed name shortly thereafter to MTK and moved its headquarters to Dubai where Kinahan had already taken up residence.

Despite repeated denials and legal threats to anyone who linked Kinahan to the firm, MTK boss Sandra Vaughan said he had worked as an independent advisor to Fury and other boxers.

She said Ireland should be proud of Kinahan and his influence on top level boxing. Back home the gardai have pursued their investigations into Kinahan’s organisation and his links to a number of feud related crimes in Dublin, including the botched plots to murder James ‘Mago’ Gately, Gary Hanley and Patsy Hutch.

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