CREWE United FC feel "completely exonerated" after the IFA banned five of the club's players for one year when betting irregularities emerged prior to their Irish Cup sixth round game with Warrenpoint Town in April.
Attempts were made to bet large sums on more than four goals being scored in the tie, which Crewe lost 5-0.
Each of the five players were also hit with £400 fines and will be suspended from all affiliated football until May 2018.
The players denied they were involved in a collective betting conspiracy even though the IFA's disciplinary committee members remained unconvinced about their claims.
In a statement, the Glenavy club hit out at how the betting scam was reported by sections of the media.
It read: "The players involved admitted their error in betting on the match and have apologised to the club, their fellow players and the IFA for their misjudgment.
"Of the five players charged with bringing the game into disrepute by betting on the match, only two participated in the game. At no point were the players accused of, or charged with, match fixing as had previously been reported by certain sections of the media.
"The players admitted to placing bets on the game at the outset of the investigations and did not seek to abdicate responsibility for their actions. It has also been acknowledged that player education around the subject of betting, and how information is disseminated to them by all clubs and the governing body could be improved.
"As a club we hope action is taken by the IFA in this regard and would support any initiatives to assist players in their awareness of such matters."
It added: "The club has been completely exonerated of having any knowledge or involvement in this matter. The club fully co-operated with the IFA as part of their investigation and at no point was accused of any wrong doing."
There is no suggestion that Warrenpoint Town was involved in the betting irregularities.
