Anorak | Harry Redknapp’s £8m tax bill wasted trying him for tax evasion

Harry Redknapp’s £8m tax bill wasted trying him for tax evasion

by | 8th, February 2012

HARRY Redknpap, the Spurs manager, did not defraud the taxman. Harry Redknapp has been cleared of tax evasion. Former Porstmouth owner Milan Mandaric did not give Redknapp, the former Porstmouth manager, “bungs” totalling £192,000.  Jurors accepted Redknapp’s angry denials that he avoided tax on any payments over £189,000 found in a Monaco bank account.

What now can stop Harry Redknapp becoming England’s next manager?

Said Redknapp:

“Five years this thing has been hanging over [my family], and now I’m looking forward to going home and seeing my wife Sandra. It has been a nightmare…The Wigan game last week was the most moving I have ever felt, for me personally, to have career, with fans singing my name throughout the game, I’ll never forget that.”

Mandaric offered:

“I am delighted that I today been cleared of the totally unfounded allegations of tax evasion. It is clear they should never have been brought to court. I never doubted that the truth would prevail, not the fact that the British justice system would come to the right conclusion.”

What of the police, then? What the court did not know was that Mr Mandaric and Peter Storrie, the former Portsmouth chief executive, had already been tried and found not guilty of tax evasion. Mandaric and Storrie were cleared of evading tax on payments allegedly made to two players, Amdy Faye and Eyal Berkovic.

The five-year police and Inland Revenue inquiry is estimated to have cost £8 million – that’s the same amount Redknapp says he’s paid in tax since opening a banck account in Monaco the prosecution wrongly claimed he was using to stores bungs.

All together now: What waste of money… What a waste of money…

Posted: 8th, February 2012 | In: Sports Comments (2) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink