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An undisputed heavyweight clash between Fury and Usyk was in the works before the 'Gypsy King's battle with Dillian Whyte went to purse bids.
Fury's UK promoter Frank Warren has claimed the showdown fell through due to Joshua asking for an extra £3.7 million to step aside from his contracted rematch with the Ukrainian.
'AJ's demand angered Fury who said 'enough is enough' regarding a bout against Usyk, according to Warren.
"Tyson's a big man, he can speak for himself. He don't need me to tell you," he told iFL TV.
"But that's what it was. I got a call off him [and] he was going berserk saying, 'No, forget about it!'"
He added: "What stop this fight from happening, this deal from happening, was at the last minute was AJ came in and asked for another $5m.
"And Tyson said, 'Enough is enough. I don't want to hear anything, I don't want to talk about it anymore.'
"And that's the truth and that's what happened.
"Everybody worked hard to get it where it was, but when he asked for that extra money; it's the straw that broke the camel's back."
So, as a result, Fury will defend his WBC crown against Whyte, while Usyk will run it back with Joshua later this year.
After much confusion in the heavyweight division, it appears the big boys are finally sorting their differences ahead of a potential undisputed bout in 2022.