David Haye set to come out of retirement to fight Vitali Klitschko

Former heavyweight world champion David Haye is in talks to fight WBC title holder Vitali Klitschko in March 2012.

Haye, 31, who retired in October after losing to the Ukrainian's brother Wladimir  , says he will lower his pay demands to make sure the fight happens.

"I haven't seen a contract but there's definitely talks going on," he told the BBC's Hardtalk programme.

"I said before I retired I would love that fight and there's a date in March that's already been talked about."

He added: "I said I'd want to fight Vitali, the big brother of Wladimir, who beat me in my last fight. They're the only guys I'd consider coming out of retirement for."

David Haye's professional boxing career factfile

  • 2002: Wins first fight as a pro against Tony Booth
  • 2004: Loses for the first time against former WBO champion Carl Thompson
  • 2005: Beats Alexander Gurov for EBU cruiserweight belt
  • 2007: Wins WBC cruiserweight title against Jean-Marc Mormeck
  • 2008: Lifts WBO title against Enzo Maccarinelli and announces he is moving up to heavyweight
  • 2009: Beats WBA heavyweight champion Nikolay Valuev on points
  • 2010: Defends title against American John Ruiz in April
  • 2011: Loses to Wladimir Klitschko in Hamburg in July
  • 2011: Retires on his 31st birthday

London-born Haye, who had moved up from cruiserweight to take the heavyweight crown, lost his title in a unification bout when he was beaten on points by Wladimir in July  and announced his retirement three months later, on his 31st birthday.

The Briton said after the fight that his performance against the WBO, IBF and IBO champion had been affected by a broken toe.

Haye admits nothing is certain yet on the proposed match-up with older brother Vitali.

"Whether it happens or not I don't know," he said.

"What I will do is make sure I am in good shape so if the fight for whatever reason does happen, if they give me what I believe I deserve and if the date for the TV networks all comes together, then it would be something I would seriously consider."

Haye also admits that he "does not deserve" a 50/50 split in match revenue this time around.

"The last bout was a 50/50. This time I don't deserve that. I don't have a title, but what I do bring is excitement and I bring a value - but I don't believe it's 50/50."

Haye had previously won the WBA belt by beating giant Russian Nikolay Valuev on points in Germany in November 2009.

He then defended his title by stopping American John Ruiz the following April, while his other successful defence came against fellow Briton Audley Harrison in Manchester .