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New Japanese promotion targeting Fedor Emelianenko vs. Singh Jaideep on New Year's Eve

Fedor Emelianenko's opponent for his Dec. 31 return fight is expected to be announced at a press conference in Japan on Thursday, however, sources with knowledge of the fight say the new Japanese promotion is targeting Indian-Japanese heavyweight kickboxer Singh Jaideep as his foe.

The 28-year-old Jaideep is 40-10 (1 NC) in kickboxing but just 1-0 in MMA. His lone MMA fight was in June 2013 when he defeated Alireza Tavak at Super Fight League 19. The 2009 K-1 World Grand Prix in Seoul champion hasn't won a kickboxing match since 2011.

The 39-year-old Emelianenko (34-14, 1 NC) recently ended his retirement to sign with former Pride boss Nobuyuki Sakakibara's new promotion, whose name has yet to be announced.