Mel Christle of the Boxing Union of Ireland has said that the decision to launch an investigation into the circumstances surrounding the Irish lightweight title fight on Saturday night is a 'precautionary measure'.
The controversial fight ended in the fifth round when outsider Peter McDonagh knocked Michael Gomez to the canvas with a series of punches after Gomez had simply stopped boxing as he walked with his hands by his side back to his corner.
It then emerged that several bets had been placed on McDonagh winning in the fifth round at odds of 125/1. Those odds were slashed and betting was eventually suspended.
Both fighters will have a chance to make submissions and all evidence relating to the fight including the referee's report and possibly bookmakers' statements will be taken into consideration over the duration of the investigation which is expected to take three weeks.
McDonagh has furiously denied allegations that there may have been something suspect about the bout and afterwards said: "Look at my face. Do I look like I've been in a fixed fight?
"I've heard the allegations but I watched it on TV. That was a perfect punch. I broke his heart. Why did they give odds of 125 to 1 for me to knock him out? That's stupid odds."
McDonagh, whose record up until this fight showed just seven wins from 18 fights, had Uri Gellar in his corner and the celebrity paranormalist was also unhappy about the speculation. "I'm very upset and angry that someone let out a rumour that would tarnish this very positive atmosphere," he said.
