The two British heavyweights have met twice before, with Fury winning both previous bouts back in 2011 and 2014
Derek Chisora has emerged as the shock frontrunner to fight Tyson Fury later this year.
Telegraph Sport understands the two heavyweights have agreed terms to a world title fight in Cardiff, following the collapse of Fury’s £200 million bout with Anthony Joshua.
The pair, who have fought twice before, had a heated row at Joe Joyce’s win over Joshua Parker in Manchester last month and are now set to return to the ring 11 years after they first met.
“Hey guys, second session of the day. Absolutely smashing it,” WBC champion Fury said on his social media channels on Saturday. “December 3, I’m coming for you. We’re about to announce an opponent this week some time. Get up there my boy. Cardiff here we come, get up.”
The two British heavyweights previously fought in 2011 and 2014, with Fury winning the first fight via unanimous decision and the second by 10th-round stoppage.
Chisora, 38, has 33 wins and 12 losses from his 45-fight career record and is now ranked No 14 with the WBC. Fury is unbeaten in 33 fights, and has reigned twice as a heavyweight champion.
British fight fans have been teased by Fury-Joshua epic since the initial announcement of a two-fight deal in June 2020, which was scuppered when an arbitration case in the US ruled Fury had to face Deontay Wilder due to a contractual deal.
They ended up meeting in a trilogy fight in October last year in Las Vegas, the Briton victorious by 11th-round knockout in a thrilling battle. For the last month, Fury and Joshua’s teams had been locked in talks over a Cardiff fight in December.
Fury had first offered Joshua the fight with a 60/40 purse split agreed between the two sides yet talks stalled and Frank Warren’s Queensberry Promotions, who represent Fury, told Telegraph Sport that “exhaustive attempts to get the fight over the line” had “come to a standstill”.
Rival promoter Eddie Hearn responded that the fight was off from their side based on the balance of contractual rights “not suiting” Joshua. However, Frank Smith, the CEO of Matchroom Boxing, told Telegraph Sport that “the relationship between the respective teams is very good” and believes the two will eventually meet.
It is still unclear who Joshua – after back-to-back defeats to Oleksandr Usyk for the IBF, WBA and WBO titles – will fight next.
Fury, should he defeat Chisora for a third time, is set to meet Usyk for an undisputed heavyweight title fight in the Middle East in late February or early March 2023.