Former heavyweight champion Tyson Fury is facing an immediate £28m title stripping following his rematch with Oleksandr Usyk on Saturday night. The Wythenshawe-born boxer, now residing in Morecambe, lost the first bout with the Ukrainian fighter back in May, missing out on becoming the first undisputed heavyweight champion since Lennox Lewis.
### Fury vs. Usyk Rematch
Fury and Usyk are set to earn substantial paydays from the rematch, with Fury hoping it will be the second of a trilogy. While Fury is reported to receive a whopping £60m for the fight, nearly half of that will be stripped almost immediately. According to JeffBet, £26,986,203 will be taken for income tax, with an additional £1,202,010.60 going towards national insurance to support the NHS and pensions. After deductions, Fury’s take-home pay is £31,811,786.40.
### Expert Commentary
A spokesperson for JeffBet highlighted the importance of tax advice, emphasizing that UK residents must pay tax on overseas earnings regardless of the amount earned. The Fury camp likely strategized to ensure the most beneficial agreement regarding taxes.
### What’s Next
Fans can follow all the action from Fury’s rematch against Usyk over the weekend. Meanwhile, Tyson Fury and Oleksandr Usyk are gearing up for another showdown on December 21, with Fury aiming to avenge his previous defeat by Usyk in May. A victory for Fury could potentially lead to a massive domestic clash with rival Anthony Joshua next year.
Stay tuned for more updates on this developing story.
