Anthony Mundine has confirmed American boxing great Shane Mosley will return to Australia to meet him in a rescheduled fight in Sydney on November 27.

Mundine and his manager Khoder Nasser announced the bout to be staged at Allphones Arena on Thursday, after the pair guaranteed Mosley a $1 million purse upfront.

It comes just over two weeks after the former three-time world champion Mosley walked out the day before the initial fight on October 23, citing a breach of contract by then-promoter Vlad Warton in not paying the remainder of his guaranteed purse in advance.

"This time it's going to be done," Mundine told reporters.

"I'm excited. I'm focused on one goal and that's proving to the world, to myself, to my fans, and the boxing world that I belong with the legends.

"I'm going to do everything I can in order to show the people that I'm for real.

"This is serious business. I'm going to take it as kill or be killed. This is it."