Eddie Hearn says he is not disappointed about losing the purse bid for Tyson Fury's clash with Dillian Whyte.
The Matchroom promoter tabled a £24million bid but was outdone by rival promoter Frank Warren who offered £31m - a record amount for a WBC event.
As a result, Warren will now stage the fight - which is likely to take place at either the Cardiff's Principality Stadium or West Ham's London Stadium in April.
Hearn believes Warren has paid over the odds for the fight between Fury and Whyte and claims his rival could be at risk of 'losing millions'.