Andy Ruiz Jr wants $50 million for a UK rematch with Anthony Joshua

New boxing champion, Andy Ruiz Jr, is demanding £50 million to meet Anthony Joshua in a UK rematch, the FightHype is reporting.

Ruiz beat Joshua in a knockout during their Saturday boxing encounter at Madison Square in New York.

The fight has been described by some as the greatest heavyweight upset since James “Buster” Douglas’ knockout over Mike Tyson 30 years ago.

A rematch between the two fighters has already been agreed upon to take place in November or December but details are still sketchy.

Ruiz, however, seems to favour Mexico or the US but warns that he might be willing to go to the UK for the right amount. Ruiz was paid £5m for his bout against Joshua at Madison Square.

“Yeah as they say November or December,” says Ruiz. “Right now my team, they’re negotiating everything right now. I’ve just got to stay busy, stay healthy and be ready for the rematch.

“I’d love it to be here in the United States or in Mexico you know. It all depends on the team and what they negotiate.

“If they want me to go over there, they’ve got to give me $50million. If they want to come over here – it’s just negotiations you know.”

Pundits think Ruiz really wants the fight to be hosted in Mexico but that is highly unlikely with the terms of the rematch already agreed through the original contract.

On the other hand, Anthony Joshua is confident he will reclaim his championship at the heavyweight division.

“Congratulations to Andy Ruiz, he has six months to be champion because the belts go in the air and he’s going to have to defend against myself,” he says. “I wouldn’t mind if it was in New York again, I wouldn’t mind if it’s in England. New York opened their arms for me and my team and it was phenomenal. I have to correct what went wrong and get the job done in the rematch.”