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The pair have been trading verbal blows for months now, both online and face-to-face but appear set to meet in the ring to finally settle the score once and for all.
While Fury will likely head into the bout as the early favourite due to his boxing background, both men remain undefeated and will certainly prove to be each other's toughest opponents to date.
For Paul, he comes up against the first 'real' boxer in his career, having fought the likes of YouTubers, a former basketball player and two MMA fighters.
According to The Sun, after months of negotiations, the fight will indeed finally take place on 18th December.
It will no doubt be the highest career pay day of Fury's career, with the former Love Island star set to earn millions in his eighth professional fight.
But that's not all he could earn, a bet between the two could see Fury pocket a bonus of $500,000 directly from Paul himself if he wins. Lose, however, and he must change his name to Tommy Fumbles for a year. Yep, that's right. The promotion on this one is going to be a lot of fun.
The pair have met just once in real life, when Fury fought on the undercard of Paul's win against Tyron Woodley where they clashed behind the scenes at the show.
Fury's father, John, recently admitted that if Tommy is unable to beat Paul in a boxing match, he will not allow him to continue his boxing career.
“Tyson said if Jake Paul beats him, he’s got to change his name because of some stupid stuff – which he should do! If he can’t beat Jake Paul I’ll smash him to bits with a bamboo stick myself.
“Tyson, his brother, said ‘right, we’ll kick the s*** out of you as well!’. So, no pressure,” John said.
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