One of the greatest to ever lace up a pair of gloves has officially called time on his career.

Manny Pacquiao, in the early hours of Wednesday morning, announced his retirement from boxing.

It had been speculated in the last few weeks or so after his most recent defeat, but it is now official; he will never step foot back inside the ring.

The Filipino has had an illustrious career that spanned over 25 years and saw him cement his status as one of the sport's all-time greats.

Apart from being the only eight-division world champion in boxing, Pacquiao is the only fighter to hold world championships across four decades.

The 42-year-old fought 72 bouts throughout his career, winning 62 of them.

His last fight was initially against Errol Spence Jr. before the latter pulled out due to an eye injury. He eventually fought Cuban Yordenis Ugas last month and lost via unanimous decision.

After the fight, he hinted at retirement, saying: "In the future, you might not see Manny Pacquiao again to fight in the ring. I don’t know. But for how many decades, I’m so happy with what I’ve done in boxing."

Today, Pacquiao confirmed his retirement via social media, posting: "As I hang up my boxing gloves, I would like to thank the whole world, especially the Filipino people for supporting Manny Pacquiao. Goodbye boxing.

"Thank you for changing my life, when my family was desperate, you gave us hope, you gave me the chance to fight my way out of poverty. Because of you, I was able to inspire people all over the world. Because of you I have been given the courage to change more lives.

"I will never forget what I have done and accomplished in my life that I can't imagine. I just heard the final bell. The boxing is over. "

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ENTER GIVEAWAY

After retiring from boxing, Pacquiao will now run for the Philippines Presidency in the upcoming national elections in 2022. He will represent his party PDP-Laban.

Pacquiao has immortalised himself in boxing folklore and there's no doubt that his absence from the ring will be felt.

A true icon of the sport.

Enjoy your retirement, Manny! You've earned it!