Two-time heavyweight champion, Anthony Joshua risks losing the N45.5bn payday he is projected to earn in a December clash against Deontay Wilder in Saudi Arabia when he faces rival, Dillian Whyte in August.

Following productive meetings in London with representatives from Saudi Arabia and Wilderโ€™s camp, Eddie Hearn announced that a deal for the heavyweight super fight has been confirmed.

However, there is a crucial condition attached to the agreement; Joshua must emerge victorious in his upcoming bout.

The official confirmation came on Thursday, revealing that Joshua will first face Dillian Whyte in a much-anticipated rematch set for August 12.

It is understood that the Wilder deal could collapse entirely if Joshua fails to secure a win.

โ€œAJโ€™s got the Wilder fight locked in for December. We had meetings last week with the Saudis. Obviously, thatโ€™s one of the biggest fights in boxing, and he wanted to fight in the interim.

Heโ€™s been working with Derrick James, he wanted to have that fight, and he was insistent it was Dillian Whyte,โ€ Hearn told TalkSPORT.

When pressed to clarify whether the Joshua vs. Wilder showdown would proceed regardless of the outcome against Whyte, Hearn responded, โ€œNo. Weโ€™ve been told categorically that the deal on the table is not the deal if he loses to Dillian Whyte.

โ€œThey didnโ€™t want him to fight Dillian Whyte. It was almost like, โ€˜Please, donโ€™t fight Dillian Whyte. You donโ€™t need to. Weโ€™ve got this fight in December.โ€™ But AJ said, โ€˜No. I want to fight.โ€™โ€