Muhammad Ali's iconic red robe he wore for 'Fight of the Century' set to be sold at auction

Muhammad Ali‘s iconic red robe he wore for his ‘Fight of the Century’ with Joe Frazier in 1971 has been put up for auction.

And the classic gown is expected to be sold for a whopping £800,000 as boxing fans try their best to get hold of the famous crimson red attire.

The legendary heavyweight boxer walked to the ring wearing the loose-fitting garment for his first fight with Frazier at Madison Square Garden in New York.

Despite his defeat in the Big Apple, he still showed flashes of the brilliance he displayed during his career,

However, perhaps tellingly, he never wore that gown ever again.

And the sporting memorabilia has now been put up for auction by US businessman Troy Kinunen who has collected many items over the years.

The opening bid is exactly $100,000 but the fabric is expected to end up selling for at least £800,000.

Ali may have died in June 2016, but his legacy still clearly lives on to this day.

Kinunen recalled how he was lucky enough to witness Ali shadow-boxing with a little boy during a guest appearance at a special event in Wisconsin many years ago.

He told Heritage Auctions’ YouTube channel: “He makes an appearance in Madison, Wisconsin, which is an hour from where I was going to school at UWM.

“So again, I take the ride down there, I think I got a couple of posters signed.

“My collection was just growing, I didn’t have a lot of things for him, I didn’t have a lot of money.

“But he was there, so I went to the line and he signed my stuff. He was nice to me but there was nothing special about that. But because he was Muhammad Ali I just kind of went to lean against the wall and just watched him with the fans and everything.

“He was there for a long time, I would say he was probably there for a