He is to become the director of coaching and boxing development, at Rooney’s Boxing Gym, which is close to the famous landmarks Tower Bridge and HMS Belfast and was opened last month by John Rooney, Ireland's former team manger.

In addition to coaching, Edwards will also be developing world-class training programmes for amateur and professional boxers as well as specific courses for white collar boxers.

Edwards said “After a period of time to reflect on my future having received numerous offers from different organisations and countries I have decided to take up the offer of John Rooney as the director of coaching and boxing development at Rooney’s Boxing Gym.

"I look forward with excitement and optimism to the new challenges the position will provide in the future.

"With the combined expertise of John, a well respected and knowledgeable professional trainer and my expertise in the amateur field, I am sure we will forge an excellent partnership going forward.

"Rooney’s Gym provides excellent facilities and welcomes all in the boxing fraternity with a friendly atmosphere.

"Rooney’s Gym can be counted as the premier boxing gym not only in London but also in the world.”

Edwards started his career in 1986 as London regional coach.

He was promoted to senior national coach in 2001, performance director in 2005 and in 2007 became Britain's head coach.

But he controversially did not have his contract renewed after Beijing despite Britain winning three medals, a gold and two bronze, their best performance since the Helsinki Games in 1952.

Among the fighers he has worked closely with when they were amateurs are current super middleweight world champion Carl Froch, undisputed cruiserweight world champion David Haye and lightweight world champion Amir Khan.

Edwards has been to three Olympic Games, five World Championships, five European Championships and three Commonwealth Games.

During that reign he oversaw the success of Audley Harrison and James DeGale, who won Olympic gold medals at Sydney in 2000 and Beijing in 2008.

Rooney said. “The plan basically is for the gym to be the main boxing gym in London, if not the UK.

"We’re really proud that Terry Edwards’ is coming on board as he brings a wealth of world class coaching experience.

"He coached the British team for the last three Olympics and during that time established himself as the most successful British coach ever.

"Terry is the best coach around and Rooney’s will be the best boxing gym because of it.

"There’s a real buzz around the gym, everyone seems to like it.

"It’s not just the members or staff.

"Frank Maloney came over to have a look around, he liked the place and wants to use it.