NEW YORK: Michael Lohan, the estranged father of actress Lindsay Lohan, is set to enter the boxing ring next month to fight Bob Venero, the president of Future Tech Enterprise.

Venero has paid $20,000 (£10,800) to pummel Lohan in a charity match on November 24. Michael put himself up to the highest bidder for the chance to fight Venero, reports imdb.com. The Fight For Charity showdown will take place at the Hilton Long Island in Melville and the proceeds will go to various charities including the Long Island Community Chest that provides financial support to needy families.