A poignant and emotional start to Fury’s ring walk saw a tribute to boxing legend Ricky Hatton, with Blue Moon playing in his honour following his death in September.
The atmosphere in north London was then charged by the familiar Fury theatre – swagger, showmanship and singing – with fireworks erupting over the stadium as he danced to a medley before sprinting to the ring.
The bout was broadcast globally on Netflix to its 325 million subscribers, landing just hours before the release of At Home with the Furys season two.
Fury – who briefly retired after the Usyk losses – had not fought in Britain since December 2022, when he stopped Derek Chisora at this venue to retain the WBC title.
With 16 of his 19 knockouts inside three rounds, Makhmudov carried early danger on paper and landed an overhand right on Tyson Fury’s ear in the opening round.
But Fury quickly found rhythm, picking apart Makhmudov’s high guard and limited movement with counters, switching between southpaw and orthodox.
“He’s tiring already. Take your time,” Fury’s trainer SugarHill Steward told him.
One pre-fight concern had been complacency – Fury has previously struggled with awkward underdogs – but despite Makhmudov connecting again with a looping right in the fourth, Fury’s ring savviness, while a bit rusty, was proving too much.
Makhmudov’s corner urged him to beat Fury to the jab, while Fury’s team praised him for boxing “smart”.
Despite pre-fight talk of sluggish ticket sales, the 62,000-capacity stadium looked close to full, though whether through strong sales or late complimentary distribution was unclear.
Fury upped the tempo in the latter rounds, varying his attack and threading in several uppercuts, but Makhmudov absorbed them without ever really being shaken.
Whether the power that once dropped Deontay Wilder multiple times has waned, or Makhmudov simply showed a stubborn chin under sustained pressure, Fury couldn’t find the breakthrough.
Sensing that a stoppage was unlikely, sections of the crowd began drifting out before the final bell. Fury closed strongly, finishing the fight firmly on top.
After the long lay-off, his corner appeared content simply to bank the rounds and re-establish rhythm rather than chase the finish.