Tyson Fury during a media workout as part of the build up to his rematch with Oleksandr Usyk in Riyadh, Saudi Arabia. Getty Images
Tyson Fury during a media workout as part of the build up to his rematch with Oleksandr Usyk in Riyadh, Saudi Arabia. Getty Images
Tyson Fury during a media workout as part of the build up to his rematch with Oleksandr Usyk in Riyadh, Saudi Arabia. Getty Images
Tyson Fury during a media workout as part of the build up to his rematch with Oleksandr Usyk in Riyadh, Saudi Arabia. Getty Images

'Serious hurt. A lot of damage': Tyson Fury vows to 'annihilate' Oleksandr Usyk in Riyadh


Steve Luckings
  • English
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Tyson Fury has vowed to “annihilate” Oleksandr Usyk when they meet for a second time in Riyadh on Saturday, adding that he does not believe he will be leaving the boxing world any time soon.

Fury suffered the only defeat of his 36-fight career in May when he lost a split decision to Usyk who added the WBC title to his WBA, IBF and WBO straps to unify the heavyweight division for the first time in 24 years.

The IBF title is no longer at stake after it was stripped from the Ukrainian and awarded to Daniel Dubois, ending his brief reign as undisputed champion.

Fury, 36, is ready to avenge that defeat to an opponent he has disparagingly nicknamed "Rabbit" – calling it a first step before taking out the rest of his rivals in boxing's blue riband division.

“Just for the record, I’m going to absolutely annihilate Usyk," Fury told Dazn. “I was very happy with the performance [in the first fight]. I didn’t get the result I wanted, but I was happy overall with what I did. It wasn’t any different to what I thought it would be. He was easier to hit.”

Fury is not even contemplating defeat and said there were no retirement plans. He has oscillated this week between a trilogy fight with Usyk and a blockbuster all-British battle with Anthony Joshua for his next fight, with some observers wondering if complacency has set in with the Usyk rematch by no means a foregone conclusion.

The 'Gypsy King' said he had "tried to walk away many times" from boxing, most recently after pummeling Dillian White via a sixth-round knock out in April 2022.

However, the lure of victory and joining a select band of elite fighters to win the heavyweight championship three times keeps pulling him back.

“I meant it when I retired after Dillian Whyte back in 2022. I really meant that wholeheartedly," Fury said.

“I could have put my hands on the Bible and meant it. But it was very difficult to let it go so I’m not sure if I can ever let it go.

“What brings me back to the ring? Victory, winning the belts and keep going. It’s what I do.”

Fury told reporters this week that money is his main motivator over legacy. Win or lose at Kingdom Arena on Saturday, Fury will be keeping perspective on what it means to step into the ring.

He has spoken openly about his struggle with depression, including a suicide attempt in 2016, and insists that mental health will always be his ultimate battle.

“I don’t think boxing is ever my biggest victory. I’ve come back from suicide, I’ve come back from the depths of despair,” he said.

“So to go in there and get paid a ton of money to do a boxing match with some clown, it’s child’s play compared to what I’ve had to go through. Boxing for me is a game compared to what I’ve had to come through.”

Fury arrived by boat for his open workout at Riyadh’s Boulevard World and, having had his gloves laced up by trainer Sugar Hill Steward, he briefly moved around the ring before his gloves were taken off without a punch being thrown.

The former WBC champion, who declined to say whether he would shave off his beard before the fight given it appears to be in contravention of boxing rules, gave brief answers when interviewed in the ring.

“A lot of pain. Smash and damage. A lot of hurt. Hurt. Serious hurt. A lot of damage,” he said.

In response to Fury, Usyk uttered a simple "OK".

Steward then revealed that himself, second Andy Lee and a cutman will be in the corner on Saturday night in a departure from the first encounter when Fury’s dad John was also present.

The corner work in May was strongly criticised with each of Steward, Lee and Fury Sr giving contradictory advice in between the later rounds.

It was part of a controversial week for Fury Sr, who was left bloodied after head butting a member of Usyk’s entourage.

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
COPA DEL REY

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

Citadel: Honey Bunny first episode

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Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

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Avengers 3: Infinity War: an American superhero film released in 2018 and based on the Marvel Comics story.  

Sholay: a 1975 Indian action-adventure film. It follows the adventures of two criminals hired by police to catch a vagabond. The film was panned on release but is now considered a classic.

Lucifer: is a 2019 Malayalam-language action film. It dives into the gritty world of Kerala’s politics and has become one of the highest-grossing Malayalam films of all time.

SPECS
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THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

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Torque: 250Nm 

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Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

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

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Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Who has lived at The Bishops Avenue?
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  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

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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.”

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Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Results:

Men's 100m T34: 1. Walid Ktila (TUN) 15 sec; 2. Rheed McCracken (AUS) 15.40; 3. Mohammed Al Hammadi (UAE) 15.75. Men's 400m T34: 1. Walid Ktila (TUN) 50.56; 2. Mohammed Al Hammadi (UAE) 50.94; 3. Henry Manni (FIN) 52.24.

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

Barbie
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Updated: December 19, 2024, 5:34 PM