The European Boxing Union had stipulated June 1 as the cut-off point for negotiations between the two fighters.
They were due to face each other for the Bulgarian’s title in a fight due to double-up as an IBF mandatory bout.
The winner would then have been first in line to meet current full champion Wladimir Klitschko. That’s after the Ukrainian takes on Alexander Povetkin later in the year.
Next in line, Bryant Jennings could now get the call.
Fury’s decision is sure to fuel the rumors that the 24-year-old will now go up against compatriot and number four ranked challenger David Haye.
The ‘Hayemaker,’ a former WBA title-holder, recently pulled out of fighting Manuel Charr through injury.
An all-British bout between the pair is worth millions to both if a deal can be agreed.
Haye has the Sky Box Office’s pulling power behind him after recently hooking up with Eddie Hearn at Matchroom.
TYSON FURY on 5
Channel 5 has been airing Fury’s last few outings. However, the terrestrial network would not be able to compete with Sky’s might.
Any clash is sure to be shown on pay-pay-view in the United Kingdom.
Without Haye, there are few options left open to Fury.
He could now be pushed back in the queue to meet either Klitschko and fulfill his dream of fighting for a version of the world championship in the next twelve months.
Phil Jay is the Editor of WBN. An Auxiliary member of the Boxing Writers Association of America. Follow on Twitter @PhilDJay.
