The last thing the Lohan family needs another celebrity feud, but OK! has learned that the patriarch of the scandal-magnet clan, Michael Lohan, intends to throw down the gauntlet and challenge Kevin Federline to a boxing match!

"Everyone wants me to fight K-fed because he’s a notorious celebrity dad and so am I," Michael tells OK! exclusively. "It’s for charity."

In addition to amusing those who want to see these two slug it out — the money would benefit the organization, Long Island’s Fight For Charity.

But, adds Michael, this isn’t some touchy-feely event. "It’s serious boxing," he explains. "You have to go get a trainer. I have to register with the Mature Boxing Association."

It should be noted that K-Fed wasn’t Michael’s first choice for a sparring partner: "I called Richard Johnson [editor of the NY Post‘s Page 6 gossip column] and challenged him, but he didn’t accept." 

Say Lindsay’s dad, "I don’t care who it is; it’s for charity. I’ve been beaten up by the press, so I don’t care if I get a few shots by a kid half my age.”

Michael, who is sponsored by blackbook2.com, also reveals that, if his girlfriend Erin gets her way, she’ll be involved in the fisticuffs as well. "They’re trying to match her up with Debbie Gibson," he says.

Should K-Fed, who sources say does not yet know about the fight, accept the challenge, this wouldn’t be the first time he’s stepped into the ring to scuffle. In 2006, right around the time his then-wife Britney Spears was filing for divorce, the wannabe rapper appeared four separate times on televised WWE wrestling matches.

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