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McGregor defeated Donald Cerrone at UFC 246 earlier this year in his first fight since his devastating loss to Nurmagomedov in October 2018.
The UFC lightweight champion's father and trainer Abdulmanap Nurmagomedov has laid out their demands for fighting the Irishman again.
"The day after the fight against Ferguson, give us that amount and then why not get revenge? I don't know, maybe Dana White wants to arrange it (for that amount), he needs that fight."
Nurmagomedov has spoken about the speculation of a second fight and doesn't want UFC president Dana White to make his matches.
Speaking ahead of the McGregor vs. Cerrone, 'The Eagle' stated:
"It's the minor leagues, it doesn't matter who wins.
"It surprises me when Dana White says that if Conor wins and I beat Ferguson, there will be a rematch.
"I decide who I fight next.
"In order to face me again, first of all [McGregor] needs to drop to 70kg [155lbs], and then win 10 fights in a row, just like I did. Then we can think about a rematch.
"For now, let him beat second-rate fighters," he added.
McGregor's comeback victory was in dominant fashion as he defeated 'Cowboy' within the first 40 seconds.
It all started with McGregor smashing Cerrone with a number of shoulder strikes in the clinch - breaking his nose and possibly even his cheekbone in the process.
A brutal head kick and ground and pound brought about the stoppage from referee Herb Dean, who had no choice but to intervene and award McGregor his 22nd victory in MMA.
It was a genius strategy from McGregor and his coaching team - and one that Cerrone did not see coming whatsoever.
But 'The Notorious' has recently walked away from the UFC after calling time on his MMA career on social media.
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