Snooker champion John Higgins in 'bribe' allegation

John Higgins is the current world number one

Snooker world number one John Higgins has reportedly agreed to take a £261,000 bribe to lose frames in four separate matches later this year.

The News of the World claims it has video of Higgins and his manager Pat Mooney at talks in Ukraine on Friday.

Mr Mooney is quoted as saying they feared for their safety at the time. There is no suggestion Higgins has ever thrown a frame or fixed a match.

World Snooker chairman Barry Hearn said an investigation had been launched.

He told BBC Radio 5 live he would decide whether to suspend the player within the next 24 hours.

'Massive blow'

He said he was "absolutely mortified" and the story had come as a "huge shock".

Mr Mooney is reported to have told the News of the World: "You have no idea what the circumstances were in Kiev, that's why I have no comment.

"But we were genuinely in fear for our safety."

The paper says three-time world champion Higgins refused to comment. Neither Higgins nor Mr Mooney has commented since the publication of the story.

It alleges the sports star inquired at the meeting about the best ways to conceal the 300,000 euros ($398,000) to be received.

It's really been a shattering experience at this moment in time Barry Hearn World Snooker chairman

In a published transcript, Higgins, 34, from Wishaw, North Lanarkshire, says it would be easy to affect the outcome of a frame so syndicates could place bets.

Many bookmakers now offer the option of betting on individual frames.

Mr Mooney is a board member of the World Professional Billiards and Snooker Association (WPBSA), whose commercial arm is World Snooker.

Mr Hearn, a promoter, recently proposed an overhaul of the sport including rule changes and boxing-style introductions for the players.

He said the newspaper allegations had forced him to consider his position within the sport.

"I want to meet with the players anyway on Wednesday anyway to discuss it. And this is now top of the agenda," he said.

The World Snooker Championship final begins in Sheffield later.

Higgins, who was made an MBE in 2008, is the current world champion and provisional world number one and has won a total of 21 ranking titles.

He was unexpectedly knocked out of the current tournament in the second round by veteran Steve Davis.