FightNews has confirmed that negotiations for a rematch between light heavyweight contender Clinton Woods and living legend Roy Jones Jr. are ongoing. Word inside the Jones camp is that talks between Dennis Hobson of Fight Academy and John Wirt of Square Ring are focusing on a pay-per-view event (this summer) featuring Woods vs. Jones at the Sheffield Arena in the UK. “Woods wants revenge and Jones wants to prove himself against the best,” said the anonymous source. Woods fought Jones in October 2002, but Woods (then 32-1) had not fought a world-class opponent while Jones (then 46-1) had won the middleweight, super middleweight and several versions of the light heavyweight title since turning pro in May 1989. Since that fateful meeting when the corner of Woods threw in the towel in the sixth round, the careers of both fighters have gone up and down. Woods has fought several champions and contenders, including going 1-1-1 with Glen Johnson, the fighter who knocked out Jones in Sept 2004, plus the Englishman has won and lost the IBF light heavyweight title. Woods is now the #2 IBF contender. Jones has had almost another full career after his encounter with Woods, including beating John Ruiz for the WBA heavyweight title, regaining a version of the light heavyweight title and beating Felix Trinidad last year in one of 2008′s highest grossing pay-per-view events. Jones – although unranked – is regarded as a contender at 175-pounds. Supposedly the deal for the rematch is contingent upon British television buying the fight so that there is enough money to pay Jones, whose name and resume does deserve a high-salary. More to follow!