Carl Froch and George Groves will clash at Wembley Stadium connected by EE in London on 31 May, live on Sky Sports Box Office.
The huge super middleweight rematch for Froch’s WBA and IBF World titles is set to break British boxing records as they look to settle their bitter rivalry after their epic first encounter in Manchester.
Froch stopped Groves in the ninth round of their first meeting in November after the challenger had floored the Nottingham star in the opening round.
A seat for the rematch will be the hottest ticket in sport and they go on sale at midday on Monday 10 March when the two fighters come face-to-face for the first time since the fight at a press conference.
Froch, 36, said he was proud to be part of a fight at the new Wembley, labelling the announcement as "massive".
"For me to be involved in an event like this is a very proud moment," he told Sky Sports News.
"With it being in the capital city as well, it just makes the whole history of the event phenomenal. It's fantastic because Wembley Stadium's massive.
"What's it going to hold, potentially 70,000, 80? If we did sell that, that would be phenomenal.
"Talk about making history, to go to a stadium like Wembley for such a big boxing match. Everybody's interested and it needs to be held at a big stadium really."
Tickets for the fight go on sale on March 10 and it will be telling from that point on whether Hearn's decision to plump for such a big venue was a wise move.
“Ever since I walked out at Wembley I knew this was the one,” said promoter Eddie Hearn. “Logistically we had some hurdles to overcome but the support of Wembley, The FA and Sky Sports have helped make history here. This is the first ever fight at the new Wembley Stadium and what better venue to stage the biggest British fight of all time.
“I’m proud to be involved in an event of this magnitude. Internationally the fight will broadcast live to over 100 countries around the world but ultimately this a night that will take British boxing to a new level. The rivalry is fierce; everything is on the line, quite simply: you need to be at Wembley on 31 May.
Barney Francis, managing director of Sky Sports said: “Froch v Groves II at Wembley will be one the biggest fights ever staged on British soil and it’s live only on Sky Sports Box Office. The fight ends an incredible month of sport on Sky and is the perfect bridge to a fantastic Summer of Sport that includes Test cricket, F1 Grand Prix, golf and Super League.”
Melvin Benn, chairman of Wembley Stadium said: “Wembley Stadium has a special affinity with world class boxing having hosted many classics over the years, most notably Henry Cooper’s iconic bout with Muhammad Ali in 1963.
"We haven’t had a fight here since Frank Bruno v Oliver McCall in 1995 so we’re long overdue a duel of this magnitude. This is arguably the biggest fight since the Nigel Benn vs. Chris Eubank rematch of 1993 and there’s no better venue in the UK to host such a bout.”