(Photo: Reuters)Evander Holyfield poses in this file photo.

Evander Holyfield has declared that he is "unretiring" from boxing. The former Heavyweight Champion of the World has announced that he has decided, at the age of 50, to come out of retirement again, according to TMZ.

The new reports published Monday will panic some of his fans who believe 50 years of age is too old to come back into the ring.

However, Holyfield, who only recently announced his retirement, has decided that he made the wrong decision and that he still has some fight left.

Holyfield made his announcement as he was leaving the Boa in Hollywood this weekend, according to the celebrity gossip mag.

The former champ explained that he had simply been "confused" when he announced his retirement, and that he would definitely be back in the ring as soon as possible.

Holyfield has attempted to reassure boxing fans that he is not planning just to come back into the ring to be used as fodder, or just take on easy opponents, but he truly believes he still has what it takes to become Heavyweight Champion of the World again.

The boxer said that he was "still a serious contender for the title," according to TMZ.

Reporters asked the popular boxer how many years did he think he had left in him before he really retired, to which he responded "I don't know. One day at a time."

If Holyfield does comeback to claim a Heavyweight Championship belt he would become the oldest boxer ever to do so. The current record is held by George Foreman, who won the Heavyweight title when he was 45 years old.

Evander "The Real Deal" Holyfield is a former cruiserweight and heavyweight champ, and has a boxing career record of 57 fights, with 44 wins (29 by way of knock out), as well as 10 losses, 2 ties, and 1 no contest.