at a press conference for UFC 111 at Radio City Music Hall on March 24, 2010 in New York, New York.

Former three-time UFC champion reportedly returning from retirement for title bout

Big, big news.

UFC president Dana White announced Wednesday that former three-time welterweight Georges St-Pierre has officially come out of retirement and will face the winner of Saturday's UFC 214 co-main event between welterweight champion Tyron Woodley and Demain Maia.

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St-Pierre was absent from Wednesday's press conference promoting UFC 214, but was represented by his CAA agent Nick Khan.

"They're going to ask to fight [middleweight champion Michael] Bisping, because Georges doesn't want to fight me," Woodley said on stage.

Bisbing, who is still recovering from a knee injury, has been training at a Costa Mesa gym and told the Los Angeles Times that he believes his next opponent will be Robert Whittaker, who defeated top-ranked contender Yoel Romero during UFC 213's main event.

"The Bisping ship has sailed. It's gone," White told Woodley. "You win on Saturday, it's going to be you, pal."

St-Pierre (25-2) was originally scheduled to face Bisbing on July 8, but plans were delayed as Bisbing — who hasn't fought since October — instead opted for knee surgery.

The three-time Welterweight Champion's last match took place on Nov. 16, 2013, when he defeated Johny Hendricks in a split decision at UFC 167.