Anthony Joshua is expected to confirm his heavyweight clash with Joseph Parker in the next 24 hours, with both fighters set for bumper paydays.

Parker is expected to earn $12 million for the fight, a figure that would be known as the biggest payday in New Zealand sports history.

Daily Telegraph journalist, Jamie Pandaram has gone a step further, suggesting Parker is in for a $30 million pay-check to fight Joshua, who could earn up to $45 million.

Read more: Boxing: Joseph Parker's promoter David Higgins compares Anthony Joshua to English football team

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Reports suggest the fight would take place on March 31 at Wales' Cardiff's Principality Stadium.

Read more: Paul Lewis: Joseph Parker eyes huge payday

Joshua posted a video on Twitter with the caption "hold your breath, news coming soon," while Parker re-tweeted Al Bernstein's post hinting to the finalisations of the fight.

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