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Tyson Fury's rematch with Wladimir Klitschko is set to take place in May this year, according to reports.

The Daily Star say world heavyweight champ Fury and Klitschko, the man he dethroned in Dusseldorf last November, are set to do battle in Germany on May 7.

Fury currently holds the WBA and WBO belts after his shock unanimous points victory over the Ukrainian in 2015..

There was a rematch clause inserted into the contract for the first fight, meaning Fury was contractually obliged to give Klitschko a crack at winning his belts back in the wake of his win.

In pictures - Fury's win over Klitschko in November:

That clause meant the Brit was forced to relinquish the IBF title he also won from Klitschko as he couldn't fight the IBF's mandatory challenger, Vyacheslav Glazkov.

Fury's camp had been holding out for the rematch to take place at Wembley but the decision has reportedly been taken to stage the bout in Germany.

Klitschko has fought in Germany for the majority of his career and was keen on continuing that trend.

Bayern Munich's Allianz Arena, which has a capacity of 75,000, is being touted as a potential venue.