Oleksandr Usyk after beating Anthony Joshua in their rematch at the King Abdullah Sport City Stadium in Jeddah on August 20, 2022. PA
Oleksandr Usyk after beating Anthony Joshua in their rematch at the King Abdullah Sport City Stadium in Jeddah on August 20, 2022. PA
Oleksandr Usyk after beating Anthony Joshua in their rematch at the King Abdullah Sport City Stadium in Jeddah on August 20, 2022. PA
Oleksandr Usyk after beating Anthony Joshua in their rematch at the King Abdullah Sport City Stadium in Jeddah on August 20, 2022. PA

Oleksandr Usyk fight with Tyson Fury off due to 'unacceptable' demands of British fighter


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The much-anticipated heavyweight unification bout between Oleksandr Usyk and Tyson Fury appears to be off with the Ukrainian's promoter blaming “unacceptable” demands made by the British fighter.

The duo had reportedly agreed to an April 29 fight at London's Wembley Stadium with a purse split 70-30 in Fury's favour but other terms were still to be decided.

But rumours began circulating on social media early on Wednesday and it was later confirmed by Usyk's promoter that talks had collapsed.

The WBA, IBF, WBO and IBO champion could now seek to defend his belts against Britain's Daniel Dubois, the mandatory WBA challenger.

“The fight is called off,” promoter Alex Krassyuk told talkSPORT on Wednesday.

“The reason for that is it went too far. There was a feeling that after Usyk accepted 70-30, Tyson Fury started thinking that he could put a saddle around his neck and start riding Usyk as much as he can.

“It’s not right. I mean, Usyk accepted the 70-30 split as a courtesy. He was so loyal and he was so willing to make this fight happen. But the fight isn’t about Tyson Fury, the fight is about the WBC belt [that Fury holds] that is pending in his collection.

“The only thing that stays in my mind, we can claim very clearly that undisputed stays our highest priority and we will do our best to make it happen in the shortest period of time, and whoever is the temporary holder of the WBC belt we will try to make it happen.”

The heavyweight division has not had an undisputed champion since 1999 when Lennox Lewis beat Evander Holyfield – and there has never been one in the four-belt era.

  • Tyson Fury and Oleksandr Usyk square off in the ring after Fury retained his WBC heavyweight world title with a 10th-round TKO win over Derek Chisora at the Tottenham Hotspur Stadium in London on December 3, 2022. Reuters
    Tyson Fury and Oleksandr Usyk square off in the ring after Fury retained his WBC heavyweight world title with a 10th-round TKO win over Derek Chisora at the Tottenham Hotspur Stadium in London on December 3, 2022. Reuters
  • Tyson Fury and Oleksandr Usyk square off inside the ring at Tottenham Hotspur Stadium. Getty
    Tyson Fury and Oleksandr Usyk square off inside the ring at Tottenham Hotspur Stadium. Getty
  • Tyson Fury celebrates with his team and son after winning his fight against Derek Chisora. Reuters
    Tyson Fury celebrates with his team and son after winning his fight against Derek Chisora. Reuters
  • Tyson Fury celebrates with his team and son after beating Derek Chisora. Reuters
    Tyson Fury celebrates with his team and son after beating Derek Chisora. Reuters
  • Tyson Fury lands a punch on Derek Chisora during their bout for the WBC heavyweight title. EPA
    Tyson Fury lands a punch on Derek Chisora during their bout for the WBC heavyweight title. EPA
  • Tyson Fury lands a punch on Derek Chisora during their WBC heavyweight world title fight. Reuters
    Tyson Fury lands a punch on Derek Chisora during their WBC heavyweight world title fight. Reuters
  • Derek Chisora throws a punch at Tyson Fury during their bout for the WBC heavyweight title. EPA
    Derek Chisora throws a punch at Tyson Fury during their bout for the WBC heavyweight title. EPA
  • Tyson Fury and Derek Chisora during the bout at the Tottenham Hotspur Stadium. EPA
    Tyson Fury and Derek Chisora during the bout at the Tottenham Hotspur Stadium. EPA
  • Referee Victor Loughlin stops the fight in the 10th round. EPA
    Referee Victor Loughlin stops the fight in the 10th round. EPA
  • Tyson Fury and Derek Chisora embrace after the fight. Reuters
    Tyson Fury and Derek Chisora embrace after the fight. Reuters
  • Tyson Fury interacts with Joe Joyce after his win over Derek Chisor. Getty
    Tyson Fury interacts with Joe Joyce after his win over Derek Chisor. Getty
  • Tyson Fury and Derek Chisora pose together for photos after their fight at Tottenham Hotspur Stadium. Getty
    Tyson Fury and Derek Chisora pose together for photos after their fight at Tottenham Hotspur Stadium. Getty
  • Tyson Fury celebrates victory after retaining his WBC heavyweight world title. Getty
    Tyson Fury celebrates victory after retaining his WBC heavyweight world title. Getty
  • Tyson Fury celebrates as he leaves the ring after winning his fight against Derek Chisora. Reuters
    Tyson Fury celebrates as he leaves the ring after winning his fight against Derek Chisora. Reuters

Fury – who has won 31 and drawn one in his undefeated professional career – retained his WBC title in his previous bout in December after a 10th-round stoppage against Derek Chisora at Tottenham Hotspur Stadium and looked set for another London fight, this time against Usyk at Wembley.

Usyk, who defeated Anthony Joshua in their rematch in Jeddah last July and has won all 20 of his pro fights, was at ringside for Fury's victory and the pair were involved in a face-off after the bout.

“Usyk, you're next, you 15-stone little bodybuilding midget. I've done one Ukrainian, [Wladimir] Klitschko, let's get it on,” Fury told BT Sport at the time.

Like his original bout against Joshua, Usyk wanted a rematch clause for the Fury fight, which seemed to have been agreed only for a problem to arise over how the purse will be split if that second bout happens.

“If I start telling you the list of things he wanted, one, five, ten, or 15 minutes will not be enough,” added Krassyuk in the interview with talkSPORT.

“There was a list of things he wanted to get in his favour that was absolutely unacceptable, which were completely disrespectful to the unified champion and former undisputed [cruiserweight] champion.

“I cannot disclose the negotiations, it’s part of the ethics. So, if I start to go into the details, it won’t look good. Maybe, if the other party would be willing to take the decision to disclose what were the things then we can talk about it.”

Fury's promoter Frank Warren, though, remains confident that an agreement can still be reached with the only stumbling block appearing to be over the rematch clause.

"I convinced Tyson to take the rematch," said Warren. "Then we got into how the money will be split in the rematch. The rematch has become a sideshow. Why can't this be overcome if Usyk wants the fight?"

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EShaffra%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2023%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDIFC%20Innovation%20Hub%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Emetaverse-as-a-Service%20(MaaS)%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3Ecurrently%20closing%20%241.5%20million%20seed%20round%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-seed%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%20Abu%20Dhabi%20and%20different%20PCs%20and%20angel%20investors%20from%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3Enine%3C%2Fp%3E%0A
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A
Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

FROM%20THE%20ASHES
%3Cp%3EDirector%3A%20Khalid%20Fahad%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Shaima%20Al%20Tayeb%2C%20Wafa%20Muhamad%2C%20Hamss%20Bandar%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
The bio

Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district

Was a middle distance state athletics champion in school

Enjoys driving to Fujairah and Ras Al Khaimah with family

His dream is to continue working as a social worker and help people

Has seven diaries in which he has jotted down notes about his work and money he earned

Keeps the diaries in his car to remember his journey in the Emirates

The years Ramadan fell in May

1987

1954

1921

1888

The biog

Favourite food: Tabbouleh, greek salad and sushi

Favourite TV show: That 70s Show

Favourite animal: Ferrets, they are smart, sensitive, playful and loving

Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can

Name of first pet: Eddy, a Persian cat that showed up at our home

Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big

The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now  

Juventus v Napoli, Sunday, 10.45pm (UAE)

Match on Bein Sports

'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

STAR%20WARS%20JEDI%3A%20SURVIVOR
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Respawn%20Entertainment%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Electronic%20Arts%3Cbr%3E%3Cstrong%3EConsoles%3A%3C%2Fstrong%3E%20PC%2C%20Playstation%205%2C%20Xbox%20Series%20X%20and%20S%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
UAE squad to face Ireland

Ahmed Raza (captain), Chirag Suri (vice-captain), Rohan Mustafa, Mohammed Usman, Mohammed Boota, Zahoor Khan, Junaid Siddique, Waheed Ahmad, Zawar Farid, CP Rizwaan, Aryan Lakra, Karthik Meiyappan, Alishan Sharafu, Basil Hameed, Kashif Daud, Adithya Shetty, Vriitya Aravind

UAE Falcons

Carly Lewis (captain), Emily Fensome, Kelly Loy, Isabel Affley, Jessica Cronin, Jemma Eley, Jenna Guy, Kate Lewis, Megan Polley, Charlie Preston, Becki Quigley and Sophie Siffre. Deb Jones and Lucia Sdao – coach and assistant coach.

 
The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Envi%20Lodges%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3ESeptember%202021%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Noelle%20Homsy%20and%20Chris%20Nader%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%0D%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Hospitality%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2012%20to%2015%0D%3Cbr%3E%3Cstrong%3EStage%20of%20investment%3A%20%3C%2Fstrong%3ESeries%20A%3C%2Fp%3E%0A
The specs: Lamborghini Aventador SVJ

Price, base: Dh1,731,672

Engine: 6.5-litre V12

Gearbox: Seven-speed automatic

Power: 770hp @ 8,500rpm

Torque: 720Nm @ 6,750rpm

Fuel economy: 19.6L / 100km

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Profile

Name: Carzaty

Founders: Marwan Chaar and Hassan Jaffar

Launched: 2017

Employees: 22

Based: Dubai and Muscat

Sector: Automobile retail

Funding to date: $5.5 million

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
Updated: March 22, 2023, 1:38 PM