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Ricky Hatton is set to bring an end to his three-year retirement by announcing his return to the ring at a press conference in Manchester today.
Hatton is expected to sign a multi-fight deal with a broadcaster which is designed to culminate in a rematch next year with New Yorker Malignaggi, whom he beat in Las Vegas in 2008.
Hatton, who turns 34 next month, will make a "major announcement" - believed to be details of his first fight since a brutal second-round knockout by Manny Pacquiao in May 2009.
Hatton has shed almost three stones in training this year, sparking rumours of an imminent comeback, which is expected to take place at the MEN Arena in Manchester on November 24.
Latest ITV News reports
Ricky Hatton has said his boxing comeback is not about money but redemption and earning the nation's pride again.