Ukrainian boxing star Wladimir Klitschko, 41, retired after 21 years as a professional boxer.
Klitschko, 41, announced that he retires from boxing on Aug. 3 via a video on his official website.
“Twenty-seven years ago I made my best choice. I have chosen the profession that became my life,” Klitschko says in the video. “I became a person who I always dreamt to be. At some point of life, we might want to change our career and prepare for the next chapter. I’m not an exception. And now it’s my turn to do it.”
The announcement means Klitschko won’t fight British boxer Anthony Joshua to regain his IBF, WBA and IBO belts that he lost when defeated by Joshua this April.
Rumors about the younger of the Klitschko brothers quitting boxing have been circulating in the media for several months.
His older brother Vitali Klitschko quit professional sports in 2013.
Read more about Klitschko’s decision to retire here.
