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Last Updated: Friday, 29 September 2006, 17:37 GMT 18:37 UK
Debt-ridden Tyson returns to ring
Mike Tyson spars in Las Vegas
Tyson doesn't feel the tour revenue can make a dent in his debts
Former world heavyweight champion Mike Tyson is to step back into the ring in a bid to settle his spiralling debts.

The 40-year-old will fight former sparring partner Corey 'T-Rex' Sanders in Youngstown on 20 October.

The four-round bout is the start of what has been labelled by promoters as the 'Mike Tyson World Tour'.

The American's last fight was in June 2005, when he suffered a humiliating defeat to Kevin McBride and subsequently announced his retirement.

My physical condition is terrible - I am only able to fight for three or four rounds

Mike Tyson

Tyson said last month he "truly hated fighting" but nevertheless is set end his 15-month hiatus and return to the ring.

"I do not know why people want to see me again - I do not deserve it," said Tyson. "I am not useful for society, but the public continue to follow me.

"My physical condition is terrible. I am only able to fight for three or four rounds.

"The money that I will receive from this tour will not help me a lot. But it will be useful for me, as it will do me good not to feel depressed."

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03 Apr 06 |  Asia-Pacific
Tyson quits boxing after defeat
12 Jun 05 |  Boxing
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