“Please be advised that the WBO has received official confirmation from Queensberry Promotions and Top Rank that the parties have been unable to reach an agreement within the prescribed negotiation period.

“Accordingly, the WBO World Championship Committee will order purse bid proceedings, scheduled for Wednesday, September 16, 2026, at 2:00 p.m. (AST), at the WBO Main Offices in San Juan, Puerto Rico,” Olivieri said on X.

Wednesday’s bidding will determine which promoter controls the location, financial terms and broadcast distribution. Queensberry has invested heavily in Sheeraz, while Top Rank has reason to