Boxer Floyd MayweatherBoxer Floyd Mayweather

Boxing legend Floyd Mayweather says he has no problem coming out of retirement to fight mixed martial arts star Conor McGregor in what some are predicting will be one of the richest fights in history.

Conor McGregorConor McGregor

"McGregor is a tough competitor. People all around the world demanded this fight so I had to give them what they wanted to see," Mayweather said. "They asked for this fight. I was in retirement, but they wanted me back and I’m back."

Mayweather was making his first public comments since the announcement of the much-discussed fight which will take place August 26 in the US boxing capital of Las Vegas. The 40-year-old Mayweather has been retired since beating Andre Berto in September 2015 and improving his career record to 49-0. The matchup with McGregor gives Mayweather a chance to reach the 50-0 career milestone.

Asked about financial details of the fight, Mayweather said both sides are pleased. "Both parties are very happy," Mayweather said. "He’s very happy, I’m very happy and I can’t wait."