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He made history in 1984 when he beat Wilfredo Gomez to be crowned the World Boxing Council Featherweight champion.
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But the reign was short-lived, as Bowe dumped the World Boxing Council belt in a dustbin in protest at having to fight Lewis again to keep it.
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Stylish southpaw Olusegun, ranked number six by the World Boxing Council, landed a solid left to send Haywood to the canvas and referee John Keane rightly stopped the contest, stretching the champion's record to 26-0 with 13 knockouts.
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