Evander Holyfield, the former four-time heavyweight boxing champion, has "unretired". Evander "Real Deal" Holyfield had recently announced his plans to retire from boxing on Oct. 15. He was set to formally announce his retirement at his birthday party in Atlanta on Friday, Oct. 20.

But the Olympic gold medalist has had a sudden change of heart. "I already told people I was going to retire," Holyfield told Sports on Earth. "But this morning, when I woke up, I thought about it some more. Now I'm not going to retire. One can change his mind, can't he?"

"People told me I was old when I fought Riddick Bowe in 1992," he added. "People said I would never be the heavyweight champ. If I listened to what people said, I'd never have won all those titles. So why should I start now?" 

"The game's been good to me and I hope I've been good to the game," Holyfield told Sports Illustrated. "I'm 50 years old and I've pretty much did everything that I wanted to do in boxing." 

To the disappointment of sports critics, Holyfield is persistent with attempts to resurrect his boxing career at the age of 50 despite the odds.

Holyfield has repeatedly stated that he would like to enter the ring with either Wladimir Klitchko or his brother Vitali Klitchko. The brothers are the only boxers that can guarantee a lucrative title card in the heavyeight division.

The brothers refuse to fight Holyfield out of respect for the legendary boxer. 

"Many, many times Holyfield has said that he wants to fight with me or my brother - but I refuse to go against him in the ring. He is my idol," Vitali Klitschko told Yahoo!

However, Holyfield wants to fight. "Even at this old age I'm willing to fight the Klitschkos," he told Sports Illustrated."

Holyfield was banned from boxing in August 2005 by the New York State Athletic Commission due to his "diminishing skills." However, he returned to the ring several times since. His last boxing match was in May 2011.

With reports of money woes, reports are speculating that he might want to return to the ring to help ease the burden of some of his financial issues.

Holyfield's home was sold at a foreclosure auction last July for $7.5 million. He reportedly owed $14 million on the mansion in Atlanta, according to TMZ. Holyfield also owes federal taxes and has massive outstanding child support fees. He was recently ordered by a Georgia judge to begin paying $2,950 a month in an attempt to pay off $563,900.91 in back child support to his 18-year-old daughter, Emani Holyfield.

Holyfield was once reportedly worth $250 million. Holyfield's victories include beating Mike Tyson twice, and wins against George Foreman, Riddick Bowe, James Douglas and Larry Holmes.