MANCHESTER, England -- Former two-weight world champion Ricky Hatton came out of retirement on Friday, seeking redemption following a loss by Manny Pacquiao in 2009 that sent the Briton into retirement and his life to "mush."

Hatton, who won titles in the light welterweight and welterweight divisions, formally retired last year with a 45-2 record having been stripped of his boxing license in 2010 following newspaper revelations of drug use.

The 33-year-old Hatton slipped into depression and considered suicide while trying to come to grips with the second-round knockout by Pacquiao in May 2009.

But a leaner, hungrier Hatton will return to the ring for a comeback fight on Nov. 24 in Manchester, against an as-yet-unnamed opponent.

"No one wants to end their career that way," Hatton said. "It put me into retirement, which I never wanted to do. The manner of that defeat put me into some things which have been well documented ... my life turned to mush.

"The dream is redemption," he added. "If a world title comes with it, then so be it."

Robert Smith, general secretary of the British Boxing Board of Control, has said Hatton will be granted a new license once a medical examination is completed.

During his time away from fighting, Hatton has been running his own promotions company and started to train some of the boxers he represented. However, it couldn't replace the real thing.

"I got a huge buzz getting opportunities for my fighters and I was in the gym every day of the week passing on the knowledge – but it didn't fill the gap," Hatton said.

"This is more than a comeback. It's worth more than money."

Hatton, whose other loss came against Floyd Mayweather Jr. in 2007, was famous for his powerful body punches, his fluctuating weight and his vocal, dedicated following from his home city of Manchester.

He first became world champion in 2001, winning the lightly regarded WBU light-welterweight title, and secured his biggest victory by stopping Kostya Tszyu to take the IBF light-welterweight belt from the Australian.

The knockout by Mayweather Jr. ended his run of 43 wins and his career faltered from there.

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  • Manny Pacquiao, Ricky Hatton

    Manny Pacquiao throws a left to the head of British boxer Ricky Hatton in the second round of their junior welterweight title boxing match in Las Vegas.

  • Ricky Hatton

    British boxer Ricky Hatton, sits on the canvas after he was knocked down by Manny Pacquiao, of the Philippines, in the second round of their junior welterweight title boxing match, at the MGM Grand in Las Vegas.

  • Ricky Hatton

    British boxer Ricky Hatton gestures at the weigh-in for his junior welterweight boxing match against Manny Pacquiao, in Las Vegas.

  • Ricky Hatton

    Ricky Hatton after losing to Manny Pacquiao, of the Philippines, in their junior welterweight boxing match, in Las Vegas.

  • Ricky Hatton

    Ricky Hatton trains with his trainer Billy Graham, left, during a media workout in Las Vegas on Tuesday, Jan. 16, 2007.

  • Ricky Hatton, Matthew Hatton

    Matthew Hatton, right, of England, and his brother Ricky leave the ring after Matthew Hatton's WBC super welterweight title boxing match with Saul Alvarez, of Mexico, in Anaheim, Calif., Saturday, March 5, 2011.

  • Ricky Hatton

    Ricky Hatton, of Great Britain, looks on during a news conference about an upcoming bout for his brother, Matthew "Magic" Hatton, in Los Angeles.

  • Ricky Hatton

    Ricky Hatton of England runs around the ring against Paulie Malignaggi during their light-welterweight fight at the MGM Grand Garden Arena November 22, 2008 in Las Vegas, Nevada.

  • Ricky Hatton

    Ricky Hatton of Great Britain in the ring during his match against Jose Luis Castillo of Mexico during their junior welterweight bout at Thomas & Mack Center on June 23, 2007 in Las Vegas, Nevada.

  • Ricky Hatton

    Ricky Hatton of Great Britain looks on during his news conferenc after he knocked out Jose Luis Castillo of Mexico during their junior welterweight bout at Thomas & Mack Center on June 23, 2007 in Las Vegas, Nevada.

  • Ricky Hatton, Jose Luis Castillo

    Ricky Hatton of Great Britain throws a right at Jose Luis Castillo of Mexico in the first round of their junior welterweight bout at Thomas & Mack Center on June 23, 2007 in Las Vegas, Nevada.

  • Ricky Hatton, Jose Luis Castillo

    Ricky Hatton of Great Britain connects with a left to the face of Jose Luis Castillo of Mexico in the first round of their junior welterweight bout at Thomas & Mack Center on June 23, 2007 in Las Vegas, Nevada.

  • Ricky Hatton, Jose Luis Castillo

    Ricky Hatton of Great Britain and Jose Luis Castillo of Mexico exchange blows during their junior welterweight bout at Thomas & Mack Center on June 23, 2007 in Las Vegas, Nevada.

  • Ricky Hatton

    British boxer Ricky Hatton works out at a gym during a media day in Somerville, Mass., Tuesday, May 9, 2006.

  • Ricky Hatton

    Ricky Hatton, left, of England, lands a left to Luis Collazo in the second round of a 12-round welterweight WBA world title boxing match, Saturday, May 13, 2006, in Boston.

  • Ricky Hatton

    Ricky Hatton, left, lands a uppercut to Jose Luis Castillo during their IBO junior welterweight world title fight at Thomas & Mack Center in Las Vegas on Saturday, June 23, 2007.

  • Ricky Hatton

    Ricky Hatton, of England, left, hugs Marco Antonio Barrera after his IBO junior welterweight title boxing match in Las Vegas, Saturday, June 23, 2007.

  • Ricky Hatton

    Boxer Ricky Hatton, of England, poses for photos after defeating Jose Luis Castillo, of Mexico, in a junior welterweight boxing match in Las Vegas, in this June 23, 2007 file photo.

  • Ricky Hatton, Manny Pacquiao

    British boxer Ricky Hatton hits the mat as Manny Pacquiao, of the Philippines, heads to a neutral corner in the first round of their junior welterweight title boxing match Saturday, May 2, 2009, at the MGM Grand in Las Vegas.

  • Ricky Hatton

    Ricky Hatton, right, trains with his trainer Billy Graham during a media workout in Las Vegas, Tuesday, June 19, 2007.

  • Ricky Hatton

    Ricky Hatton looks on as referee Kenny Bayless, right, gives him a count after he was knocked into the corner by Manny Pacquiao, of the Philippines, in the first round of their junior welterweight title boxing match Saturday, May 2, 2009, at the MGM Grand in Las Vegas.

  • Ricky Hatton, Juan Urango

    Ricky Hatton, left, of England, lands a right to the face of Juan Urango, of Colombia, in the fourth round of their IBF Jr. welterweight title boxing match in Las Vegas on Saturday, Jan. 20, 2007.