Last week, the IBF ordered its lightweight champion Raymond Muratalla and IBF mandatory contender Andy Cruz to begin negotiations for Muratalla's mandatory defense of the IBF lightweight title. On October 3rd, Tom Dallas, on behalf of Cruz and Matchroom Boxing, advised that they would like to immediately proceed to a purse bid pursuant to IBF Rule 10.A. Therefore, the IBF has scheduled a purse bid for Tuesday, October 16th at 12 noon. In June, the IBF received official notification on June 5th that Muratalla's predecessor, Vasily Lomachenko, was retiring, thereby relinquishing his IBF lightweight title. Muratalla, who at the time was the IBF interim lightweight champion was then elevated to full IBF lightweight world champion status. Later that month, Andy Cruz defeated Hironori Mishiro to become the mandatory challenger. From Cuba, Cruz is listed as 6-0, but Boxingtalk recognizes his record as 22-0 due to paid bouts in the World Series of Boxing.