“If that happens, the bout [against Povetkin] should be scheduled no later than July 31. Otherwise, an auction will be held among promoters on March 18 for the right to hold this fight,” reads a statement posted on the official Web site of the WBA.
The fee for the fight between the Ukrainian and the Russian should be split in the following proportions: 75% for Klitschko and 25% for Povetkin. If Klitschko is defeated during a voluntary defense of his titles before the fight against Povetkin, the money will be split equally between the two boxers.
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As reported, the World Boxing Organization (WBA) obliged Wladimir Klitschko to hold a fight with Alexander Povetkin by February 24, 2013.
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