LAMONT PETERSON HAD initially hoped to move on from his controversial win over Amir Khan on December 10.

However, it appears that now the purse-strings have tightened.

The two camps have finally agreed to the rematch that looked likely since December.

May 19 is the chosen date and the Las Vegas Mandalay Bay venue will please Khan and Golden Boy promotions.

The English boxer went into the December bout as a hot favourite to retain his unified junior welterweight title, but left the ring questioning the integrity of his hosts in Washinton DC.

The Golden Boy fighter dragged out the furore with allegations of scorecard tampering against IBF official, Mustafa Ameen.

Now though, with a date and venue finally set, both camps are looking forward to the recommencing of hostilities.

“Both sides are signed, but this has been one of the most difficult negotiations I have had for any fight I have ever been involved with,” Golden Boy promoter Richard Schaefer told ESPN.com. “There was a lot of back and forth, but it all ended good in getting this fight done. I think it’s one of the most anticipated rematches. It’s the right fight for Lamont and the right fight for Amir, and I’m really excited both parties agreed to do this fight.”

Peterson, represented by Jeff Fried, had negotiated hard and bided his time for a $650,000 purse to be involved in the first bout with Khan.

Now, having reportedly turned down an offer of $1 million for the rematch; Fried disclosed the offer had been upped to “substantially more than $1 Million” on top of a 50-50 split between the two from world wide television revenues.

“Everyone is very pleased that this is Lamont’s next fight,” added Fried, more than content with his work to secure the lucrative deal.

Follow Friday: It’s Bernard Dunne

Thanks, but no thanks: Hingis rejects Federer’s Olympic offer