The much anticipated fight between Floyd Mayweather and Conor McGregor might finally hold as UFC chief Dana White has offered to pay each of the two £20.5million for the boxing fight.

According to the Sun UK, Dana White will put up £41million ($50million) of the UFC’s money to fund the fight everyone wants to see.

Lance Pugmire, LA Times boxing and UFC reporter told Radio 5 Live how White will pay the pair of fighters $25 million each (£20.5 million) to face each other this summer.

He said: “Mayweather clearly believes he is the A side and rightfully so, I believe he is 49 and 0 and has dominated so many great opponents that he has fought throughout his career, so he’s going to want more money than that.

“But the fact that Floyd has come out today and said I’m un-retiring to fight Conor McGregor is something that should move the needle.”

Irish Olympic boxer and close friend to Conor McGregor, Michael Conlan claims that McGregor and Mayweather will fight in September. Conlan also says that the UFC icon with walk him out to the ring for his professional debut in Madison Square Garden next week.