Given that featherweight Vasyl Lomachenko is promoted by Top Rank and Gary Russell Jr. works with Golden Boy (although he is not under contract), it is no surprise that the sides have not engaged in a negotiation for the vacant title bout they have been ordered to meet in.

With no deal in the works, the WBO has ordered a purse bid, which is scheduled to take place Friday at noon ET in Orlando, Fla., according to Top Rank vice president Carl Moretti. Orlando is the site of Top Rank’s UniMas-televised fight card Saturday night, and since the card includes a WBO regional title bout, organization officials as well as Top Rank personnel will be on hand.

Lomachenko (1-1, 1 KO), the two-time Olympic gold medalist from Ukraine, and manager Egis Klimas both say they are eager for the fight with Russell. Whether Russell (24-0, 14 KOs), a 2008 U.S. Olympian, and adviser Al Haymon are interested in the bout remains to be seen.

The title became vacant when Orlando Salido was stripped for not making weight for a March 1 defense against Lomachenko, who then lost a split decision to Salido, leaving the belt vacant.

“There are not a lot of expectations from either side [on making a deal], so the purse bid was called and we’ll see how it will unfold there,” Moretti said.