EDDIE HEARN confirmed that Anthony Joshua and Oleksandr Uzyk had agreed terms for a rematch - scheduled for August 20th in Saudi Arabia.
Since September, when AJ was defeated by the Ukrainian pound for pound star, the pair have been discussing a sequel.
Oleksandr Usyk and Anthony Joshua have reached an agreement to rematch.
Hearn said contracts were now in place and that a fight confirmation would be made next week.
SunSport reported that he said, "Thankfully, I don't need to say a couple of weeks anymore."
"I can tell you that next week, 100 percent of you will get an announcement about this fight.
"The paperwork has been completed and we're able to get the press conference done today. We've got a Mexican show tonight."
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Hearn announced today that Derek Chisora will rematch Kubrat Pulev. However, he was also faced with several huge-money deals on AJ and Usyk.
Joshua was defeated by Usyk at Spurs’ stadium. The football ground and other US venues were also in use to host the second fight.
Saudi backers, who brought Joshua to the Middle East in 2019, appear to have won this race again.
Although July 23 was originally the planned date, delayed talks have made it impossible to schedule the fight. Instead, August 20th is now the preferred date.
SIGN UP DEALS AND FREE BETS - THE BEST NEW CUSTOMER OFFERINGSJoshua was also the subject of speculation about his future TV network.
AJ has been a Sky Box Office pay-per-view attraction since 2015.
His fights were aired on Stateside after Hearn signed a landmark billion-dollar deal with DAZN, a sports steaming company.
Sky was threatened by losing Joshua when DAZN entered the UK market late 2020.
After his defeat to Usyk, the two-time heavyweight champion looked set to sign with Sky again.
AJ was closer to joining DAZN when SunSport made a dramatic U-turn.
The app would stream his match with Usyk, both in America as well as at home.
Hearn also confirmed that Joshua has made his decision on the UK's broadcast location for his fights, following SunSport's exclusive revelation.
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He stated that the broadcast situation is similar to a soap opera and that a lot has been done behind the scenes.
"The competition was fierce for Anthony Joshua's signature and he has made his decision about the long-term fate of his broadcaster.
"And that will also be revealed after the announcement of the fight, and everyone will have an opportunity to hear it."
