28 Jun, 2015

What is a purse bid? On the face of it, you would think of an eBay auction to purchase women's accessories. However in the world of boxing it becomes more complex....yet is staggeringly simple. Purse bids are in the news this week because of the high profile heavyweight title fight to take place this autumn between Wladimir Klitschko and Tyson Fury. Fury has become the mandatory challenger to Klitschko for two of the three belts he holds (IBF, WBO & WBA). A champion is allowed a voluntary