Browne, 37, is set to fight for the WBA belt he lost outside the ring due to a highly-debated positive drugs test, following a court hearing and partial u-turn by World Boxing Association President Gilberto Mendoza.
An official resolution on the case is set to be released by the WBA soon, and because of the legal nature, prevented Margules from giving too much detail surrounding Browne’s current position.
What is abundantly clear, is that Browne will fight for the WBA championship in the coming months – with Fres Oquendo set to be in the opposite corner to the undefeated puncher.
“Gilberto Mendoza has obviously put out what’s gone on with the case and it’s now settled,” Margules exclusively told World Boxing News.
“We expect a full resolution to be released on the matter next week.”
Asked about the Haye reports, Margules added: “Lucas is not fighting Haye, he’s fighting Oquendo.
“Fres is not the mandatory but he’s mandated to fight,” Margules exclusively told World Boxing News.
Haye’s career is currently in limbo as an encounter with Shannon Briggs has seemingly fallen apart. In regards to Browne, the only chance the Briton would have of facing ‘Big Daddy’ would be if Oquendo should decide to back out of negotiations.
Currently, talks between Browne and Oquendo are said to be in progress.