Redknapp in tax evasion trial

Now Reading:

Redknapp in tax evasion trial

Text size Aa Aa

Tottenham Hotspur manager Harry Redknapp appeared in a London court on Monday accused of avoiding tax payments.

It was claimed Redknapp was paid on two different occasion “bungs or offshore bonuses” by former Portsmouth chairman Milan Mandaric while he was director of football and then manager at the club.

It is alleged the secret payments were made to Mr Redknapp’s Monaco bank account.

The court were told Redknapp, who is favourite to become the next England manager, had a clause in his Portsmouth contract that entitled him to 10%, which later went down to 5% of net profit from transfers.

It is believed Redknapp received payments totalling some 240 thousand euros.

If convicted in the trial which is expected to last two weeks, the two men, who deny the charges, could be jailed, fined or both.