Daniel Dubois will immediately lose half of his purse from Oleksandr Usyk fight

Daily Mirror

6 days ago

The pair will clash for a second time at Wembley Stadium for the undisputed heavyweight title - with both men set to be rewarded for their efforts
Daniel Dubois set to lose half of his huge fight purse for his blockbuster rematch with Oleksandr Usyk due to tax deductions.
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The British heavyweight suffered the second defeat of his professional career to Usyk when they first met back in 2023. The Ukrainian scored an impressive ninth round knockout victory in Poland - but their heavyweight dust-up was not with real controversy.
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Dubois dropped his rival in the fifth round - but the shot was eventually ruled a low blow. It allowed Usyk plenty of time to recover before he would eventually run away with the fight. This time around, with the Brit looking to level the series, there is a little more on the line on fight night.
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Both men will compete for the undisputed title. Not only that, the pair are expected to take home a career-high pay cheque. According to reports, the fight purse for the main event is a whopping £150m. Usyk will reportedly take home £97.5m, while Dubois is expected to pocket £52.5m from the rematch.
Should Dubois emerge victorious, he will quickly be handed a huge blow when the tax man comes calling. As a UK resident, the 27-year-old would be liable to pay tax at the highest rate. According to research from data experts at Ace Odds, 'Triple D' would face an income tax bill of £23,611,203 on his purse earnings from the fight.
For context, that would be enough to fund 965 entry-level nurses, 705 trainee firefighters in London or 630 people at the average UK wage of £37,430. The damage won't be done there, though. Dubois would also need to hand over another £1,052,011 in National Insurance contributions. After making both payments, Dubois would be left with £27,836,786 from his evening's work at Wembley.
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One man who will sympathise the heavyweight star is Tyson Fury. After securing over £70m for his rematch with Usyk in December, that was quickly decimated when HMRC considerations were taken into account. It is believed that the 'Gypsy King' was made to pay an estimated £35,250,000 in deductions, according to data collected by JeffBet. After all the deductions, he reportedly took home £39,750,000.
Speaking about the financial loss for Fury at the time, a spokesperson for Jeff Bet said: "If you are a resident in the UK you have to pay tax on overseas earnings in the same way, and that remains the same no matter how much someone might earn. Good tax advice is always important and in this case you can be sure the Fury camp will have looked at an agreement that would be the most beneficial."
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When is Oleksandr Usyk vs Daniel Dubois?
The seqel between Usyk and Dubois is scheduled for Saturday, 19 July, at Wembley Stadium. The fight will be exclusively broadcast live on DAZN PPV. The entire fight card for the night can be accessed live on DAZN PPV, priced at £24.99 in the UK; $59.99 in the US; and $19.99/equivalent in ROW.
The DAZN coverage is set to kick off around 5:30pm BST (12.30pm ET / 9.30am PT), with the first undercard fight expected to start at approximately 5.40pm BST (12.40pm ET / 9.40am PT). Usyk and Dubois are anticipated to make their ringwalks at 9:45pm BST (4:45pm ET / 1:45pm PT).