eddie hearn
Eddie Hearn (R) is managing director of Matchroom Sport and represents IBF champion Anthony Joshua (L) Getty

World Heavyweight champion Tyson's Fury withdrawal from his rematch against Wladimir Klitschko has caused controversy in the world of boxing with promoter Eddier Hearn admitting that the move may have cost Fury his career in the ring.

Fury, who is the current World Boxing Association (WBA) and World Boxing Organisation (WBO) champion recently created headlines when he pulled out of the much anticipated rematch against Ukrainian Klitschko on 29 October for being "medically unfit."

Hearn, who is the managing director of Matchroom Sport feels that Fury's recent withdrawal might force boxing authorities to strip him of his current WBA and WBO titles.

"Fury will be stripped of his titles and, after a legal battle, he'll say: 'No more, I'm done. It's going to be really messy and it might take a year to resolve. I know there are sensitivities around mental health issues but this a business," Hearn said, according to BCC Sport.

"The governing bodies have had enough. The world heavyweight title is a huge part of their business and they've not made any money from it for a year. If they just say, he needs time away from the sport, they're bang in trouble. The governing bodies will ask: 'When will he be ready to fight? And his doctor won't be able to tell them. Once they hear that, they'll make him champion in recess and say: Once your fit, we'll give you another chance," he added.

The Brit beat Klitschko via a majority decision in Dusseldorf, Germany in November 2014 to pick up the WBA, IBF, WBO and IBO titles, but was stripped off the IBF title because he was unable to fight mandatory challenger Vyacheslav Glazkov.

While no rematch date between the duo has been set as of now, Hearn said that his client and IBF title holder Anthony Joshua could be in contention to take on Klitschko for the heavyweight unification clash.