Anthony Joshua Set to Lose Almost £50 Million from Netflix Superfight Victory Against Jake Paul

ANTHONY JOSHUA is expected to lose nearly half of the £100 million he earned from his fight with Jake Paul due to taxes.

Joshua's performance was broadcast live, which attracted significant criticism from fans.

The two-time heavyweight champion ultimately delivered a stoppage to satisfy those calling for it.

However, he had to wait until the sixth round after experiencing some challenges.

The match was largely one-sided, with Paul hitting the canvas multiple times before he admitted that he was “beaten badly” – but still left with a substantial prize.

SunSport understands that this lucrative encounter was financially rewarding.

However, research from AceOdds indicates that Joshua will face significant tax liabilities in both the US and the UK.

The report stated: “The breakdown of these costs will be divided between the tax authorities in the USA and the UK, with 37% of his earnings going directly to the IRS to cover Joshua’s US tax obligations.

“Although there is no state tax in Florida, the US government imposes income tax at a top rate of 37%. As the fight took place on US soil, Joshua is required to pay their share first.

“Joshua would also be responsible for paying UK tax on his global income, which is also at the highest rate of 45%.

“However, after already paying a significant sum in the US, the amount owed would be the difference between his total UK tax liability and the US tax already settled.”

The report concludes that in total, Joshua would be left with just £53 million from his earnings.

Joshua himself acknowledged that his fight against Paul was a “cash grab” – but emphasized his desire to demonstrate that he is both a savvy businessman and a fighter.

When asked what the fight meant to him, he stated: “It’s everything. Since I entered the sport, I recognized the hustle. I’m not a YouTuber or a social media guru – I’m primarily a fighter.

“But I learned how to navigate this industry and from day one, I understood how to generate income. Before I entered, I knew how to make money. So it has always been about financial gain, 100 percent.

“Now, I believe this generation is really showing the importance of having your affairs in order, earning your money, working hard, and exiting the sport with both your intellect and finances intact. That’s crucial.

“So yes, it’s about making money. It’s about legacy. It’s a fight. It’s a battle. That’s what we’re fighting for – to secure the rewards.”

However, he later insisted that the fight was “not solely about money” and claimed that his total earnings “aren’t my largest payday.”

He told NBC News : “It’s not even my biggest payday; it’s not about the money. For me, it was more about the opportunity to showcase my skills to the world.”