The Ultimate Fighting Championship organization is pulling out the big guns to announce their return to Brazil. UFC CEO Lorenzo Fertitta and president Dana White will be travelling to Rio de Janeiro next week to make the announcement. broke the news of the upcoming announcement on Tuesday, December 7.

White and Fertitta will hold a press conference at Palacio de Cidade, the official residence of Eduardo Paes, the mayor of Rio. Joining them for the press conference will be Anderson Silva (UFC middleweight champion), Mauricio Rua (UFC light heavyweight champion), Jose Aldo (UFC featherweight champion), Vitor Belfort (former UFC light heavyweight champion) and mixed martial arts legend Royce Gracie.

The UFC has not held an event in Brazil since October 1998. That event, “UFC Brazil: Ultimate Brazil,” marked the UFC debut of Pedro Rizzo, who faced Tank Abbott. The highlight of the card was Vitor Belfort destroying Wanderlei Silva via technical knockout in 44 seconds.

Also appearing on the card were Frank Shamrock, who defended his UFC middleweight title against John Lober, and Pat Miletich, who defeated Mikey Burnett to become the first UFC welterweight champion.

In November of this year, claimed that the event would be held at the HSBC arena in November 2011. The HSBC arena has a capacity of 18,000.

At this point, no bouts have been confirmed for the event.