Tyson Fury has said that he plans to announce a fight next week – but warned that it will not be a unification bout against Oleksandr Usyk.
The Briton has been linked with a clash with Usyk after the Ukrainian beat Anthony Joshua for a second time last month to retain his WBA, IBF, WBO and IBO heavyweight belts in Saudi Arabia.
Fury's promoter Frank Warren had said that a bout with Usyk is “the only fight” Fury wants, and the Englishman had set a deadline of September 1 for the respective parties to make the matchup happen.
Warren also revealed that the Middle East would again be a strong contender to host the fight but that September deadline has been and gone and Fury says that he will not be waiting on Usyk.
“I said 'let’s do the fight this year, wherever they want to do it'. I’ve been waiting for countries to come forward,” the 34-year-old – whose record stands at 32 wins from 33 bouts with one draw – said.
“All of a sudden Oleksandr Usyk has stated he does not want to fight any more – he wants to fight next year not this year.
“I am not going to wait around for anybody and I will be announcing a fight next week.”
Fury was speaking at a news conference following an appearance at WWE's 'Clash at the Castle' in Cardiff.
Gallery: Usyk beats Joshua for second time
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Oleksandr Usyk after retaining his world heavyweight titles in a split decision against Anthony Joshua at the King Abdullah Sport City Stadium in Jeddah, Saudi Arabia. PA -

Oleksandr Usyk celebrates winning his fight against Anthony Joshua. Action Images -

Oleksandr Usyk after winning in Jeddah. PA -

Oleksandr Usyk reacts after his victory. PA -

Anthony Joshua speaks to the crowd following his defeat against Oleksandr Usyk in Jeddah. Getty -

Anthony Joshua and Oleksandr Usyk touch gloves at the end of the fight. PA -

Oleksandr Usyk celebrates with his belts and his team. Getty -

Oleksandr Usyk celebrates after retaining his world heavyweight titles. PA -

Anthony Joshua looks angry. Getty -

Oleksandr Usyk celebrates with the flag of Ukraine. Getty -

Oleksandr Usyk after winning his fight against Anthony Joshua. Action Images -

Oleksandr Usyk after winning his fight against Anthony Joshua. Action Images -

Anthony Joshua on the front foot against Oleksandr Usyk. PA -

Anthony Joshua and Oleksandr Usyk trade punches. Getty -

Anthony Joshua evades a right. Getty -

Oleksandr Usyk after receiving a low blow. Action Images -

Oleksandr Usyk lands a right on Anthony Joshua. Getty -

Anthony Joshua and Oleksandr Usyk in action at the King Abdullah Sport City Stadium in Jeddah. PA -

The ring is cleaned between rounds. Reuters -

Anthony Joshua evades a punch from Oleksandr Usyk. Getty -

Anthony Joshua with a body shot. Action Images -

Oleksandr Usyk throws a right. Action Images -

Oleksandr Usyk in action against Anthony Joshua. Action Images -

Anthony Joshua made a low-key entrance at King Abdullah Sports City Arena in Jeddah. Getty -

Anthony Joshua and promoter Eddie Hearn before the fight. PA
“At the moment I am a heavyweight world champion and I have lots of fights I have to take care of in the next few years,” Fury added, while admitting he would “definitely be open to” joining WWE full-time in the future.
“I have a passion for WWE. Never say never [on a permanent move to the organisation].”
Usyk, meanwhile, admitted on Friday that any fight with Fury would not be happening in 2022.
“It won't happen this year, that's for sure,” Usyk, who has 20 wins from 20 pro fights, told the BBC.
“As I said earlier … I'm totally healthy and don't have any injuries, but I have old traumas which have resurfaced, and which need to be treated. I will need up to two months to recuperate.”
THE APPRENTICE
Director: Ali Abbasi
Starring: Sebastian Stan, Maria Bakalova, Jeremy Strong
Rating: 3/5
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.”
Spain drain
CONVICTED
Lionel Messi Found guilty in 2016 of of using companies in Belize, Britain, Switzerland and Uruguay to avoid paying €4.1m in taxes on income earned from image rights. Sentenced to 21 months in jail and fined more than €2m. But prison sentence has since been replaced by another fine of €252,000.
Javier Mascherano Accepted one-year suspended sentence in January 2016 for tax fraud after found guilty of failing to pay €1.5m in taxes for 2011 and 2012. Unlike Messi he avoided trial by admitting to tax evasion.
Angel di Maria Argentina and Paris Saint-Germain star Angel di Maria was fined and given a 16-month prison sentence for tax fraud during his time at Real Madrid. But he is unlikely to go to prison as is normal in Spain for first offences for non-violent crimes carrying sentence of less than two years.
SUSPECTED
Cristiano Ronaldo Real Madrid's star striker, accused of evading €14.7m in taxes, appears in court on Monday. Portuguese star faces four charges of fraud through offshore companies.
Jose Mourinho Manchester United manager accused of evading €3.3m in tax in 2011 and 2012, during time in charge at Real Madrid. But Gestifute, which represents him, says he has already settled matter with Spanish tax authorities.
Samuel Eto'o In November 2016, Spanish prosecutors sought jail sentence of 10 years and fines totalling €18m for Cameroonian, accused of failing to pay €3.9m in taxes during time at Barcelona from 2004 to 2009.
Radamel Falcao Colombian striker Falcao suspected of failing to correctly declare €7.4m of income earned from image rights between 2012 and 2013 while at Atletico Madrid. He has since paid €8.2m to Spanish tax authorities, a sum that includes interest on the original amount.
Jorge Mendes Portuguese super-agent put under official investigation last month by Spanish court investigating alleged tax evasion by Falcao, a client of his. He defended himself, telling closed-door hearing he "never" advised players in tax matters.
Hot%20Seat
Explained
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
While you're here
Hend Al Otaiba: A year ago, Covid-19 forced us apart – now, vaccines can bring us back together
National Editorial: Iata travel pass – 'digital passports' will get the world moving again
Lucy Sherriff: Covid vaccine passports: safeguard or ethical nightmare?
A Long Way Home by Peter Carey
Faber & Faber
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The biog
Name: Sarah Al Senaani
Age: 35
Martial status: Married with three children - aged 8, 6 and 2
Education: Masters of arts in cultural communication and tourism
Favourite movie: Captain Corelli’s Mandolin
Favourite hobbies: Art and horseback ridding
Occupation: Communication specialist at a government agency and the owner of Atelier
Favourite cuisine: Definitely Emirati - harees is my favourite dish
Company%20Profile
Story%20behind%20the%20UAE%20flag
The biog:
Languages: Arabic, Farsi, Hindi, basic Russian
Favourite food: Pizza
Best food on the road: rice
Favourite colour: silver
Favourite bike: Gold Wing, Honda
Favourite biking destination: Canada
Scores
New Zealand 266 for 9 in 50 overs
Pakistan 219 all out in 47.2 overs
New Zealand win by 47 runs
More from Alistair Burt
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Zayed Sustainability Prize
The specs: 2018 Ford Mustang GT
Price, base / as tested: Dh204,750 / Dh241,500
Engine: 5.0-litre V8
Gearbox: 10-speed automatic
Power: 460hp @ 7,000rpm
Torque: 569Nm @ 4,600rpm
Fuel economy, combined: 10.3L / 100km
RESULTS
Confirmed%20bouts%20(more%20to%20be%20added)
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
BUNDESLIGA FIXTURES
Saturday, May 16 (kick-offs UAE time)
Borussia Dortmund v Schalke (4.30pm)
RB Leipzig v Freiburg (4.30pm)
Hoffenheim v Hertha Berlin (4.30pm)
Fortuna Dusseldorf v Paderborn (4.30pm)
Augsburg v Wolfsburg (4.30pm)
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)
Sunday, May 17
Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)
Monday, May 18
Werder Bremen v Bayer Leverkusen (9.30pm)
COMPANY PROFILE
Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company
The specs: 2018 Ducati SuperSport S
Price, base / as tested: Dh74,900 / Dh85,900
Engine: 937cc
Transmission: Six-speed gearbox
Power: 110hp @ 9,000rpm
Torque: 93Nm @ 6,500rpm
Fuel economy, combined: 5.9L / 100km
















