Cyclone claim exclusive promotional rights to Josh Taylor, who Top Rank announced they had signed, then Taylor responds
The following is a statement from Cyclone Promotions:
"We are very disappointed to read the news today that Josh Taylor has signed a promotional agreement with another promotional company.
"Josh Taylor is under an exclusive worldwide promotional contract with Cyclone Promotions.
"We have successfully brought Josh to the pinnacle of the sport from the day that he turned professional, including working alongside other stakeholders in boxing to deliver him the biggest fights.
"Most recently, Josh became IBF World Champion in May 2019 then unified champion in October 2019, and we have been working since then to plan the next stage of his career.
"We are saddened that Josh has felt the need to attempt to break his contract in this manner and frustrated at those who have caused him to do so."
Josh Taylor responded on Twitter:
"I wanted to stay respectfully silent about my relationship with Cyclone but given they have released a statement it is only proper that I respond.
"Whilst I acknowledge and appreciate the role that Cyclone has played in may career to date, three weeks ago I terminated my promotional agreement with Cyclone as a result of various breaches of contract including, in particular, breaches relating to a conflict of interest on the part of the promoter. That allowed me to search for a new promoter, which I have found in Top Rank. I wanted to part ways amicably and without resorting to court proceedings, I thought and hoped the Mcguigans would feel the same way given the litigation they are involved in with other fighters. I hope all of us can now move on in a positive way concentrating on things which advance us all."