By Mark Vester

In a breaking scandal over in England, retired super middleweight king Joe Calzaghe has admitted to using cocaine and living the party lifestyle to undercover reporters who were posing as would-be sponsors. The Telegraph and News of The World have both jumped on the story.

One of the undercover reporters secretly made a video of the meeting with Calzaghe, which shows the star talking about cocaine and advising the undercover reporters on where they can buy quality drugs. When Calzaghe was confronted by media, he issued a public apology.

"I very much regret my occasional use of cocaine in what have sometimes been the long days since my retirement from the ring. I am fully aware of the bad example it sets to other people and particularly to youngsters and I apologize to my family, friends and fans," Calzaghe said.

"It is not a major problem in my life but it is something which I am actively addressing. Many of the other conversations reported to have taken place simply involve men joshing or shooting the breeze over a drink. While some statements are either untrue or exaggerations, I am, naturally, sorry for any embarrassment their publication may cause to entirely blameless third parties."

According to one of the undercover reporters, he told Calzaghe he knew about taking cocaine, and the fighter replied: "Have you got any stuff on you now?"He added: "I know the score, I done bits and pieces myself. Don't tell my dad for f*** sake! He's no idea. Of course, I do a bit, but the thing is most of it is f***ing s*** in Wales. In London it's not too bad."

When the undercover reporter complained that he had paid £100 for a gram, Calzaghe replied: "What? It's £40 normally. It's normally £40. And was it s***? Well you got f***ed off then in Wales!""The thing is now, especially in Britain, there's all s*** going out and you don't know what the f*** it is. So they just sell it and they buy it and it's f***ing s***. It's like rubbish."

Calzaghe then badmouthed close friends Ricky Hatton and Amir Khan during certain points of the meeting.

He said: "The main thing is your health. Look at Ricky Hatton for instance. You know he was knocked out really badly the last fight, knocked out two fights ago, and the reality is he's done himself a lot of damage.

"Regardless of when he fights again, and he says he's going to fight, he's been knocked out by a nobody hasn't he, because his punch resistance has gone as far as I'm concerned."

And for Khan he said: "He's not exceptional. If he fights against a tall guy he'll be knocked out again. He can't fight a puncher. He's been down like six times in his career. It's early times and he's been down six times. In 26 years of boxing I went down four times."

Parts of the secretly videotaped interview can found here