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Purse Bids for Povetkin-Klitschko

12:54 17.01.2013 (Last updated 13:37 17.01.2013)

Vlad Hrunov | Alexandr Povetkin | Wladimir Klitschko
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MOSCOW, January 17 (R-Sport) -The planned WBA heavyweight unification fight between super champion Wladimir Klitschko and regular champion Alexander Povetkin is to go to purse bids after the two fighters’ promoters failed to agree a deal, Povetkin’s manager Vlad Hrunov told R-Sport on Thursday.

The WBA has demanded Klitschko and Povetkin fight by February 24 and set a reported date of January 17 for the two boxers’ promoters to sign a contract for the bout.

“The contract for the fight between Alexander Povetkin and Wladimir Klitschko has not been signed as of today. It’s obvious we need to prepare for purse bids,” Hrunov said.

Purse bidding is an open auction in which any registered promoter can bid to stage the fight, usually only applicable when the bout is required by a sanctioning body.

Hrunov said last-minute attempts to agree a deal were yet to bear fruit.

“Consultations between the lawyers are continuing, and they were going on last night too,” he said.

The WBA has yet to set a date for purse bids, he said.

Povetkin has twice pulled out of fights against Klitschko after a contract was signed, but would lose his belt were he to do the same now.

Klitschko has a 59-3 record, with 50 wins by knockout, and has not lost since a technical defeat to Lamon Brewster in 2005, while Povetkin is unbeaten in 25 fights, with 17 knockout wins.

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See also: Vlad Hrunov

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