Dmitry Bivol has still not been paid £4m following his shock victory over Canelo Alvarez

Dmitry Bivol is still waiting to be paid following his shock victory over Saul ‘Canelo’ Alvarez.

And he admits that he does not know when the money will arrive in his bank account.

The Russian upset the odds to beat the Mexican superstar pretty much punch for punch for large parts of their Las Vegas clash before being awarded the victory by a two-round margin.

But Bivol, who reportedly agreed a £4m fight purse, has revealed he is yet to receive the fee due to sanctions imposed on Russia following the ongoing invasion of Ukraine.

Bivol told the TASS news agency: “I was willing to earn a lot less just to get this fight.

“I needed this fight, it was the No.1 task. I think it’s very difficult [to be paid]. I haven’t faced this challenge yet because it hasn’t arrived yet.

“We are still thinking about how to do it. We didn’t think ahead because the situation is changing rapidly. I didn’t even think about it and said to my manager: Vadim [Kornilov], come on, this will be your headache’.”

Canelo Alvarez, 31, has a rematch clause in his contract and hinted that he could trigger it to fight Bivol next.

But the unbeaten 175lb champ isn’t sure if there will be a sequel as he insisted that the thought hasn’t even crossed his mind as of right now.

Bivol added: “I have a clause in my contract, according to which I am obliged to give Alvarez a rematch.

“We did not prescribe the conditions in advance, and this is good, I don’t even think about future plans now.

“Before each fight, I tune in and think that this is my last fight. Yes, there are some vague plans, but I am always in the mood as if this is the last fight.”

Matchroom Boxing promoter Eddie Hearn, who promotes both boxers, believes there are only two options out there