Charles Oliveira and Michael Chandler will meet in the co-main event of UFC 309, with both men looking to secure the next shot at the Lightweight title.

The bout will feature on the promotion's stacked return to New York City, with a heavyweight title fight between Jon Jones and Stipe Miocic topping the bill.

The Lightweight clash will see Chandler and Oliveira meet once more, having originally fought back in 2021, with 'Da Bronx' claiming the Lightweight strap with a second round stoppage.

For Chandler, the bout will see he him back in action for the first time since 2022. 'Iron' had been biding his time and waiting for a showdown against Conor McGregor, following the pair serving as coaches on The Ultimate Fighter.

The bout was booked June of this year but McGregor had to withdraw from the contest due to a toe injury. Having waited for almost two years for the bout to come to fruition, Chandler has moved on from pursuing a fight against 'The Notorious' and will now look to put himself at the top of the tree at 155lbs.

Oliveira has spent the last four years fighting the best of the best at Lightweight and will be keen to get himself back in the win column following a split decision loss to Arman Tsarukyan last time out.

After winning the belt against Chandler at UFC 262, the Brazilian went on the successfully defend the title against Dustin Poirier before losing the title to the scales when he faced Justin Gaethje. After stopping Gaethje, he then faced Islam Makhachev at UFC 280 for the vacant title. 'Da Bronx' dropped the title to the current champion when he was forced to tap after being caught in an arm triangle in the second round.

He then returned to the octagon 8 months later against Beneil Dariush and stopped the 35-year-old with a performance of the night first round TKO win.

At the time of writing, it is not clear when McGregor will return to the cage, or who it will be against.