Fury has been locked in negotiations to fight Joseph Parker in New Zealand in the spring, although is yet to put pen to paper on a deal.
Valcarcel has decided to step in and has given Fury and his team until Friday to agree or Parker will be allowed to fight another Top 15 contender.
“If Hughie Fury doesn’t sign before 12pm UK time tomorrow, WBO, as requested will consider sanctioning a voluntary for Joseph Parker,” Valcarcel exclusively told World Boxing News on Thursday.
Discussions over where the fight would be held meant an original date of April 1 was scrapped early on as both sides looked at the possibility of staging the fight in the United Kingdom.
Parker’s home of Auckland emerged as the favoured destination late last week, although there’s been no indication yet that a finalization is forthcoming.
Winning the belt in December against American Andy Ruiz, Parker had hoped to have his first defence on the horizon by now, although the Fury stipulation by the WBO has delayed things considerably.
The likes of Edmund Gerber, Andrey Fedosov, Dillian Whyte, Andriy Rudenko and Tom Schwarz will now come into play for Parker’s next outing should Fury not be able to adhere to the WBO’s conditions regarding his mandatory chance.
