Britain's Fabio Wardley is expected to be elevated to world boxing champion after the Ukrainian champion decided to relinquish his world title
This development comes after the champion told boxing authorities he would not proceed with a mandatory title defence against the British challenger
The championship body announced that Usyk had "elected to relinquish his belt after deep reflection"
The Ukrainian maintains the WBA, WBC and IBF heavyweight titles, having beaten his British opponent at Wembley Stadium in mid-year to become a double undisputed champion
He originally secured the all-belt title holder in May 2024 by defeating the British champion, before relinquishing one championship shortly after and deciding not to fight the mandatory challenger
"Boxing official Olivieri praised the Ukrainian fighter in a statement"
"The organization offers its sincere admiration and thanks to the Ukrainian champion, an undefeated, two-division WBO undisputed world champion"
"His achievements mark one of the most impressive and memorable of the contemporary boxing period"
The organization continued that its doors "will always remain open the fighter and his management"
Usyk secured the WBO belt in recently by defeating Anthony Joshua and went on to successfully defend multiple times
In July, the boxing organization mandated talks for a mandatory defence against New Zealand's Parker, only for a back injury sustained by Usyk to require rescheduling of the fight
But the 30-year-old British fighter, won the provisional belt from Parker with a huge upset in the championship rounds at London's O2 Arena last month and was mandated to face Usyk before the September deadline
The boxing organization hasn't formally announced Wardley's promotion but his representative believes it is a done deal
"The UK has a new heavyweight world champion and a rising boxing talent"
"A truly extraordinary path throughout my decades as a sports manager and I could not be happier for the British fighter"
"Significant bouts in the future for the coming period as he maintains his title and establishes his place in the sport"
Wardley only began boxing aged 20, developing through alternative boxing and has had a limited professional record
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