Harry Redknapp, Peter Storrie & others detained

Discussion in 'Prem talk, Those Other Leagues, and International' started by BarryP, Nov 28, 2007.

  1. BarryP

    BarryP New Member

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    Jul 20, 2007
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    Evansville, Indiana
    #1
    BarryP, Nov 28, 2007
  2. HatterDon

    HatterDon Moderator

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    Guess it's only a matter of time before we have Pompey v. AC Milan.
     
    #2
    HatterDon, Nov 28, 2007
  3. SoCalJoe

    SoCalJoe Well-Known Member

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    Can someone explain what is this investigation about??
     
    #3
    SoCalJoe, Nov 28, 2007
  4. GaryBarnettFanClub

    GaryBarnettFanClub New Member

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    Sep 29, 2006
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    Kingston-Upon-Thames, Surrey
    Illegal transfer deals and bungs.

    The system can work like so....

    * Good player becomes available.
    * Agent bungs manager a wad of cash to pay over the odds for the play.
    *Player joins club.
    *Agent gets huge fees for doing a good job.
    *Manager pockets cash without telling inland revenue.

    Upshot - tax man is pissed off.

    I think there is more going on in this case the the CEO of Portsmout is also in trouble, unless he is also receiving back handers.

    As an aside, the BBC will be having a good laugh. Harry has refused to give an interview to the BBC for the last couple of years since they ran a documentary on this.
     
    #4
    GaryBarnettFanClub, Nov 28, 2007
  5. HatterDon

    HatterDon Moderator

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    Mar 18, 2006
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    illegal payments primarily ... just your basic owner manager agent backhanders. The concept is "if you'll go to your owner and tell him you want my client, when he signs I'll give you a cut of his signing bonus." Or, conversely, "if you can talk the manager into signing so-and-so, ..."

    There's rumors of a lot of this in England, and it's rife in the Italian leagues. When Mike Newell [then manager of CCC Luton] blew the whistle on this thing, one of the names mentioned in conjunction with this was Big Sam and another was Harry.

    The money laundering comes about in trying to create ways that the money could have been "earned" on the part of the receivers.
     
    #5
    HatterDon, Nov 28, 2007
  6. HatterDon

    HatterDon Moderator

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    Mar 18, 2006
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    #6
    HatterDon, Nov 29, 2007
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