[Update: Amir Khan wins in a unanimous decision over Chris Algieri.]

The main event of Premier Boxing Champions on Spike TV pits welterweights Amir Khan (30-3) and Chris Algieri (20-1) against each other on Friday night at Barclays Center, as the two fighters look to move up in boxing’s most star-studded division. An impressive showing could earn the winner an even bigger fight towards the end of 2015.

For Khan, Friday’s fight is about taking care of business so he can set himself up for the biggest bout of his career. He’s considered to be the top candidate to face Floyd Mayweather in September, in what could be the final fight of the undefeated boxer’s career. The Brit has won his last four fights, including decisive victories over Luis Collazo and Devon Alexander since moving up from the light welterweight division. Another convincing win on Friday night would solidify Khan as a top boxer in the division.

Algieri is looking to bounce back from his loss to Manny Pacquiao and prove that he belongs in the ring with the best welterweights in boxing. After a surprising win over Ruslan Provodnikov last June, the 31-year-old earned a title shot against Pacquiao in November. Algieri was outclassed in a unanimous decision loss that saw him hit the canvas six times, but he’s since gotten a new trainer and enters Friday’s bout with a lot of confidence.

International Business Times will have a live round-by-round look at the fight that is scheduled for 12 rounds between Khan and Algieri. Spike TV's coverage begins at 9 p.m. ET, starting Javier Fortuna vs. Bryan Vasquez for the lightweight title.

Round 1

Khan was the much busier fighter, though Algieri buckled him with a shot at the end of the round. However, Algieri didn't do enough in the three minutes to win the round.

Khan 10-9

Round 2

Landing more combinations, Khan got the better of Algieri. But the underdog landed a few power shots that could sway one of the judges.

Khan 10-9

Round 3

Khan landed a few clean shots to the head, but Algieri continues to trade power punches. Algieri might have stole the round, but Khan probably landed more punches and ultimately takes the round.

Khan 10-9

Round 4

Strong right hands to the head of Khan have Algieri still in this fight. He continues to be aggressive, and doesn't appear to be going anywhere.

Algieri 10-9

Round 5

The round featured the least amount of action in the fight. Khan went to the canvas, but it was ruled a slip. Algieri had a late flurry towards the end of the round, but he might not have done enough to win the round.

Khan 10-9

Round 6

After two tough rounds, Khan bounced back nicely. Using his quickness, he was able to landed some good combinations and win the round.

Khan 10-9

Round 7

A lot of action in the corner, with the ref letting them fight. Algieri looks to be going for the knockout, but Khan isn't letting him land the power shots that he did in the fourth and fifth rounds.

Khan 10-9

Round 8

A big right hand by Algieri, followed by a left wobbled Khan to start the round. Khan controlled the second half of the round, but he didn't land any shots as powerful as his opponent.

Algieri 10-9

Round 9

Khan had a nice flurry at the end that helped him steal the round. Algieri has been the aggressor, but it might not be enough to win a 12-round decision.

Khan 10-9

Round 10

Algieri is looking tired and not throwing as many punches. Khan hit Algieri with nice upper cut that buckled his knees. While the underdog came on strong at the end, he might need a knockout to get the win.

Khan 10-9

Round 11

Good combinations give Khan the round, though Algieri has impressed here tonight. A few of the earlier rounds could have gone either way, but Algieri didn't inflict much damage this round.

Khan 10-9

Round 12

Algieri hit two big punches to start the round, going for knockout. Khan might have landed a few more shots, but Algieri hit him harder. But it isn't likely to be enough for the New York-native.

Algieri 10-9

Decision:

We have the fight in favor of Khan, 117-111. The fight was a lot closer than the final score made it appear. Algieri was aggressive and landed a lot of hard shots. But Khan was the more accurate puncher, and he hit his opponent consistenly more times in most of the rounds.

According to CompuBox, Khan landed 218 of 609 punches. Algieri was 199-for-703.

Khan wins by unanimous decision

One judge scored the fight 115-113, while the other two judges gave it to Khan 117-11