Frank Warren has revealed that Tyson Fury and Anthony Joshua will each earn more than any British fighter has previously been paid for a single bout when they finally meet on December 11.

The long-awaited all-British heavyweight showdown was finally confirmed on Thursday as the date and venue - Cardiff's Principality Stadium - were announced by the fight's promoters.

It was also reported by Ring Magazine that the WBA world title will be on the line, giving both Fury and Joshua the opportunity to become three-time world champions.

Despite both fighters having signed to face each other, the fight was in major doubt amid a dispute over the location before Cardiff was agreed upon as the host.

Warren, Fury's long-time promoter, told Sky Sports News: "They're getting paid more than any British fighter has earned in a fight ever."