Former heavyweight boxing champion Mike Tyson stands on the field before an NFL football game between the Las Vegas Raiders and the Pittsburgh Steelers, Sept 24, 2023, in Las Vegas. (PHOTO / AP)

Former heavyweight champion Mike Tyson will face YouTuber-turned-boxer Jake Paul in a fight that will be streamed by Netflix on July 20 at the AT&T Stadium in Arlington, Texas, the home of the NFL's Dallas Cowboys, promoters said on Thursday.

Tyson, who is regarded as one of the greatest heavyweight boxers of all time, said it would be fun to take on Paul, who is 27 and has a 9-1 record with six knockouts.

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'Iron Mike', who has a 50-6 record with 44 knockouts, will be hoping to shake off the rust as he will be 58 when the fight takes place at the 80,000 seat arena.

Jake Paul (left) punches Tyron Woodley during the second round of a Cruiserweight fight on Dec 19, 2021, in Tampa, Florida. (PHOTO / AP)

"I'm very much looking forward to stepping into the ring with Jake Paul," Tyson said in a statement.

"He's grown significantly as a boxer over the years, so it will be a lot of fun to see what the will and ambition of a 'kid' can do with the experience and aptitude of a GOAT (Greatest Of All Time).

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"It's a full circle moment that will be beyond thrilling to watch, as I started him on his boxing journey on the undercard of my fight with Roy Jones and now I plan to finish him."

Paul was on the undercard in 2020 when Tyson and Jones fought in an exhibition bout that was scored as a draw.

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"It's crazy to think that in my second pro fight I went viral for knocking out Nate Robinson on Mike Tyson's undercard," Paul said.

"Now, less than four years later, I'm stepping up to face Tyson myself to see if I have what it takes to beat one of boxing's most notorious fighters and biggest icons."