Barrow's Liam Conroy believes the new Golden Contract tournament will lead to a series of high quality bouts between the well-matched boxers in the draw.

The Golden Contract is being launched in the autumn by promoters MTK Global across three weight divisions; featherweight, super lightweight and light heavyweight, the last of which being the one where Conroy competes.

The 27-year-old is one of five fighters currently confirmed for the tournament, along with Hosea Burton, Bob Ajisafe, Serge Michel and Conroy's most recent opponent, Steven Ward.

The winner will receive a two-year, five-fight contract with MTK that guarantees a six-figure purse for each of them.

The quarter finals will take place across October and November, with the boxers involved not knowing who they will be facing until the start of the week of their fight, which is when a draw will be made.

Conroy said: "It gets everyone in good fights for those who are lower in the rankings and aren't getting that big contract and big fights.

"I think the light heavyweight division is an interesting one because, even though we've got boxers internationally involved in tournaments, in Great Britain alone there are some well-matched fighters in the top ten.

"You could randomly pick boxers from that top ten and put them against each other, so I think that's why they have gone for the light heavies because there are a lot of closely-matched lads."

Conroy knows the draw system is something he is going to adapt to, but he believes it favours fighters who like to get on the front foot during their bouts, such as himself.

"It means that you're only going to get lads who are confident in themselves entering because it would put some people off not being able to prepare and get a game plan for a specific opponent," Conroy said.

"I think it is going to attract really confident fighters that are just there to box and not pick their opponent and fabricate a record."

The open draw system raises the mouth-watering prospect of a rematch between Conroy and Ward, who tore the house down during their European title clash at Belfast's Ulster Hall in June, which Ward won by one point.

Conroy said: "That's one person I'd like to draw just to make sure that rematch happens.

"The last fight we had was cut short, it never went to a finish, but we've started so I feel like it would be nice to see how a full fight between the two of us would go, as we never stopped each other before the fight got stopped prematurely."