Tyson Fury says his proposed heavyweight showdown with Anthony Joshua is off after his self-imposed deadline expired.

Fury set Joshua’s camp an ultimatum on Friday night, insisting if the deal could not be done in time then he would walk away from the blockbuster all-British bout.

Speaking on Instagram on Monday evening, the WBC champion said: “Well guys, it’s official. D-day has come and gone. It’s gone past five o’clock, Monday. No contract has been signed.

Promoter Eddie Hearn had already said there was “no chance” of contracts for being signed by Monday, while Joshua insisted on Sunday that the negotiations were down to his lawyers.

Speaking on Instagram Live, Joshua said: “It ain’t in my hands – it’s with a legal team. That’s why you hire lawyers.

“You know the history of boxing – make sure you get your legal terms right. That’s why you get good management and good lawyers.

Fury said he would still fight on 3 December if the Joshua fight falls through.

Last month Joshua failed to regain the WBA (Super), WBO and IBF belts he lost to Oleksandr Usyk, 35.

The Ukrainian said he plans to have three more fights before retiring, including a unification bout with Fury, but Joe Joyce is now the mandatory challenger for Usyk's WBO title after beating Joseph Parker on Saturday.