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Tyson Fury will have to pay Piers Morgan £1MILLION if he ends retirement for Oleksandr Usyk bout after TalkTV bet

PIERS MORGAN could be set for a £1MILLION windfall from Tyson Fury should the WBC heavyweight world champion fight again.

The Gypsy King announced his retirement from boxing in April after he knocked out British rival Dillian Whyte at Wembley.

Tyson Fury could step out of retirement to face Oleksandr Usyk in an undisputed match-up

Fury has stated he will give Morgan £1million if he steps foot inside the squared circle again

But he could be set to step back inside the squared circle to face WBA, WBO and IBF king Oleksandr Usyk following his points victory over Anthony Joshua.

Speaking after the thriller in Saudi Arabia, the unbeaten Ukrainian stated will fight nobody else if he cannot land a showdown with Fury.

An undisputed affair between the pair could be worth as much as £500m, with Fury giving Usyk’s team one week to agree a deal to fight him.

But should he lace up the gloves again, he will have to give Sun columnist Morgan £1m following a bet they made on TalkTV in June.

After insisting he will only box again for £500m, Morgan asked Fury: “How about if you do fight again, you give me a million pounds?”

To which Tyson replied: “If I am getting half a billion for my fight it won’t matter will it. Yep, 100 per cent!”

And now Fury, 34, has opened up on his bet with Morgan where he declared he will honour the bet.

Speaking to talkSPORT, he remarked: “I’ll owe Piers Morgan one million pounds, in pound coins.”

He also said: “Everyone keeps asking about this fight with this Ukrainian guy.

“Are you going to come back? Are you going to do this? Are you going to do that?

“I’m retired from boxing and I’m very happy doing that. However, I will come back but it has to be for obscene amounts of money.

“Let’s face it, it’s not Anthony Joshua – which I would’ve done for free in England.

“It’s some foreigner who nobody really cares about. To fight this unknown entity and give him an opportunity of legendary status? They have to pay for that.

“I don’t mind chucking a dog a bone, but I don’t want to chuck him the full f****** dogs’ home.

“They have a week. It’s August 24. They have a week to submit their offers.

“I want it in writing with proof of funds. This fight is purely about money. I’m happily retired. I don’t need money, I’ve got plenty of money.”

Before adding: “This fight is purely about money… [Floyd] Mayweather got £400m for [Manny]Pacquiao and I want £500m for Usyk.”