Mike Tyson speaks out after being SUED for £1.25million over blockbuster fight with Youtuber-turned-boxer Jake Paul

• Another lawsuit has arisen in the aftermath of Mike Tyson's fight with Jake Paul
• The boxing legend is being sued for failing to fulfil a sponsorship agreement
• The lawsuit was filed at London's High Court in October and is worth £1.25million 

Another legal debacle has arisen after Mike Tyson's controversial bout with Jake Paul in October.

The 58-year-old lost by unanimous decision to the YouTube uber-troll turned celebrity boxer at the AT&T Stadium in Arlington, Texas.

It has now been alleged by Medier, a Cyprus-based company that promote online casino and betting company Rabona, that the boxing legend breached his sponsorship agreement with them on the same day of the fight.

The deal was agreed in January 2024 and the company claim that Tyson abandoned it, leading them to file a £1.25million lawsuit at London's High Court in October.

'The true reason for Mr Tyson and Tyrannic's hasty and unlawful termination was because Mr Tyson had agreed a deal, sponsored by Netflix, to fight the influencer Jake Paul,' Medier's lawyers said.

Responding in a statement, Tyson's team insisted that they were justified in terminating the agreement, stating that Medier initially breached its terms.

'It is the company's position that Medier, Ltd. materially breached the terms of its license agreement on multiple occasions and in various ways,' read the statement.

'As such, Tyrannic, LLC was well within its legal and contractual rights to terminate the license agreement for material breach in an effort to mitigate additional reputational harm to the Tyson brand.'

This fiasco is one of many controversies surrounding the blockbuster fight - a viewer called Ronald 'Blue' Denton sued Netflix of 'breach of contract' for constant glitching and buffering during the event.

As well as this, there has been speculation that the outcome of the fight was rigged, after uncorroborated theories on social media alleged that Paul signalled to Tyson to take it easy on him at one stage of the contest.

Paul's promotional company issued a furious response to these so-called 'incorrect and baseless' claims.

'Following the wide circulation of incorrect and baseless claims that undermine the integrity of the Paul vs. Tyson event, Most Valuable Promotions (MVP) would like to set the record straight regarding the contractual agreements and the nature of the fight,' the statement read.

'Rigging a professional boxing match is a federal crime in the United States of America. Paul vs. Tyson was a professional match sanctioned by the Texas Department of Licensing and Regulations (TDLR).

'Both fighters in good faith performed to the best of their abilities with the goal of winning the fight. There were absolutely no restrictions – contractual or otherwise – around either fighter.'