George Groves has turned down a "seven figure offer" for a rematch with domestic rival and WBA and IBF super-middleweight champion Carl Froch.
Froch won their first encounter with a controversial stoppage in November.
He said: "We made a seven figure offer for a second fight that would have seen him earn around double that of the first. Disappointingly, George rejected this offer."
Froch will now aim to arrange a fight with Mexico's Julio Cesar Chavez Jnr.
The Nottingham fighter added: "I understand the demand for the Groves fight in the UK, but also the demand in the US for the Chavez fight.
"Talks are ongoing and no doubt some further news will break soon. I'm happy to fight anyone, as I have done throughout my entire career."
More to follow.
Froch won their first encounter with a controversial stoppage in November.
He said: "We made a seven figure offer for a second fight that would have seen him earn around double that of the first. Disappointingly, George rejected this offer."
Froch will now aim to arrange a fight with Mexico's Julio Cesar Chavez Jnr.
The Nottingham fighter added: "I understand the demand for the Groves fight in the UK, but also the demand in the US for the Chavez fight.
"Talks are ongoing and no doubt some further news will break soon. I'm happy to fight anyone, as I have done throughout my entire career."
More to follow.
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