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Acquittals leave campaign to tame English football's 'casino capitalism' in ...

23.02.12

The acquittals of Harry Redknapp and Milan Mandaric for tax evasion over payments into an offshore bank account were an embarrassing failure for tax authorities investigating the secretive world of Premier League football. It was also a major blow for officers from the City of London Police, whose credibility to investigate sporting wrongdoing had been damaged over the collapse of a £10m trial in 2007 of champion jockey Kieren Fallon and five other men for alleged race-fixing.

But the faultlines in the football case were clear before yesterday's verdicts. What started out as a major inquiry into alleged false accounting, fraud and money laundering – and led to raids at Birmingham, Rangers, Newcastle and Portsmouth football clubs – ended as a case over an alleged unpaid tax bill contested at being £30,000 or £65,000. By contrast, Mr Redknapp made £4.2m over three years at Portsmouth.

Nine people were arrested during Operation Apprentice. But only three men were brought to trial, the one-time triumvirate at Portsmouth FC – manager Harry Redknapp, chief executive Peter Storrie and chairman Milan Mandaric.


Source: The Independent

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