Amir Khan 'to take on Floyd Mayweather on May 3'

Amir Khan during a Press Conference at Mercure Sheffield St. Paul's Hotel & Spa on April 25, 2013
© Getty Images
Amir Khan and Floyd Mayweather reportedly agree to meet in the ring on May 3 next year.

Amir Khan will take on Floyd Mayweather in Las Vegas in a $200m (£123m) bout on May 3 next year, according to a report.

The Bolton scrapper will net an initial $6m (£3.7m) from the fight, with that figure doubling once TV rights are factored in, the Daily Mail claims.

Khan is allegedly pulling out of his December clash with American Devon Alexander, a decision he is said to have made to ensure that the Mayweather match goes ahead.

The 26-year-old has already begun preparing for the fight, and is expected to spend the next seven months at a training camp in California with coach Virgil Hunter.

An official announcement will reportedly be made about the fight in the coming days, confirming it as the most lucrative involving a British boxer in history.

Amir Khan during a Press Conference at Mercure Sheffield St. Paul's Hotel & Spa on April 25, 2013
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