The fight was originally scheduled to take place on December 23 but was delayed after Fury struggled to beat the former UFC fighter Francis Ngannou in October. Rumours had been circulating that the Gypsy King had been struggling in his training camp.
A spokesperson for Queensbury said: “Whilst this is still breaking news, it is clearly a massive disappointment after the work that has been done by so many people to finally deliver this historic event to the world.
“Once the doctors have appraised Tyson’s eye, we will have a better idea of the period of recovery needed.
“Once we know, we will work diligently with all the stakeholders and the Kingdom of Saudi Arabia to reschedule this fight as soon as possible.”