Tyson Fury and tax problems
Former world heavyweight champion Tyson Fury has faced serious financial losses due to UK tax laws. Despite the fact that the British boxer was guaranteed 100 million pounds (118 million euros) for the fight against Oleksandr Usyk, he will only receive a little more than half of that amount.
Tax burden
The main problem is the high tax burden. Under British law, residents of the country are required to pay taxes both on income within the country and abroad. Thus, Tyson Fury must pay almost 45 million pounds (51.15 million euros) in income tax. In addition, two million pounds went to National Insurance, further reducing the boxer's net fee.
"It's a really big amount that I'm losing because of taxes. But those are the rules and I have to follow them," Tyson Fury commented on the situation.
Rematch with Usyk
Fury and Usyk plan to hold a rematch on December 21. This will be another exciting fight between two outstanding boxers, and it is already known that the prize money for this fight will be fantastic. Oleksandr Usyk, who recently relinquished his International Boxing Federation (IBF) belt, is also set for a serious fight.
Usyk's losses and the IBF's reaction
Usyk lost the title of the absolute champion of the world due to the decision of the IBF, which outraged the head of the Absolute Fighter Championship Dana White. The Ukrainian has already announced his plan to continue his career after the rematch with Fury and shared that the most difficult moment in the fight with the Briton was to maintain concentration during the opponent's intense attacks.
"Fury is a very strong opponent, but I am ready for a new challenge. After the rematch, I intend to continue my career at a high level," Usyk said.
Conclusion
This tax situation once again highlights how important proper financial planning is for athletes. Despite the losses, Tyson Fury remains one of the most successful boxers of our time. The rematch with Usyk promises to be no less intriguing than their first match, and fans are looking forward to this exciting spectacle.
Editor: Vitalina Patskan
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