Frankie Edgar is reportedly set to be getting a third crack at earning a UFC featherweight title.

According to ESPN, the UFC is close to finalising a title fight at 145lbs pitting former lightweight champion Edgar against Max Holloway at UFC 240.

UFC 240 is slated to take place in Edmonton, Canada, on July 27th.

Reigning featherweight champ Holloway is fresh off five-round decision loss to Dustin Poirier for the interim UFC lightweight title in April.

Holloway first won the interim UFC featherweight championship against Anthony Pettis in 2016, before successfully unifying and then defending the title against Jose Aldo.

The Hawaiian then defended his championship against Brian Ortega in stunning fashion at UFC 231 before his firefight with Poirier.

Edgar fought Aldo in his two attempts at adding the featherweight belt to his stellar resume, coming up short in two unanimous decision losses.

The New Jersey native was set to face Holloway for his title in 2018, but the champion was forced out with a leg injury. Instead of waiting around, Edgar took a fight with the aforementioned Ortega in Holloway’s absence, but suffered the first knockout loss of his career.

Edgar rebounded with a resounding win over Cub Swanson in April 2018, before being sidelined with a bicep injury which kept him out of the Octagon for the rest of 2018.