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harrybarracuda

Some background:




It would be absolutely hilarious if he goes down.

harrybarracuda

Fkin hell, those tax men must want him bad.

alwarner

Weird this.

The CPS obviously think they have enough to do him. Surely though, he'd have been given due notice of this (Redknapp) so he could sort it out. He's (assumption) probably said he hasn't broken any laws so go for it.

How does it work. Are people given a chance to settle in tax evasion cases?

It wouldn't surprise me if this is ends up being a massive waste of tax payers money.

Harry - any idea?

sabaii sabaii

Surely the Press wouldn't keep talking him up as the next England manager, if he was in that much shit

harrybarracuda

I think if it were as simple as paying back a few hundred grand, he'd have done it already. He lives in one of the most expensive areas of Britain.

Bear in mind they've always had him down as a brown paper bag man, but haven't ever found enough evidence to do him. So perhaps they are just being spiteful.

It is the tax man, after all.

Fuzzy Bob

BBC News - Harry Redknapp 'avoided tax on bungs'

Tottenham Hotspur manager Harry Redknapp received $295,000 which he had no intention of declaring for tax purposes, a court has heard.
Mr Redknapp was paid the "bungs or offshore bonuses" by former Portsmouth chairman Milan Mandaric while he was manager at the club, it was claimed.
Jurors at Southwark Crown Court were told Mr Redknapp is a "hard-headed businessman with financial acumen".
The pair deny charges of cheating the public revenue.
John Black QC opened the prosecution's case at Southwark Crown Court by telling jurors "both parties must have known" they were avoiding taxes.

Harry Redknapp was an early arrival for the start of his trial. He was at the court soon after 08:00, but by then many journalists had already been there for an hour.
With limited space in the court room for press and members of the public, a queue had begun to snake down a corridor of the building.
At 10:05 the door to court six was opened, and Mr Redknapp and Mr Mandaric took their seats in the dock. This will be their home for much of the next two weeks.

"These payments were a bung or offshore bonus that the parties had absolutely no intention of paying taxes for," he said.
Jurors were told when Mr Redknapp was director of football at Portsmouth his contract entitled him to 10% of net profit from transfers.
When he moved to the manager's job in March 2002, his profits from transfers reduced to 5%, the prosecution said.
When striker Peter Crouch, who was bought for £1.25m, was sold for £4.5m, Mr Redknapp's share was £115,473 - but that would have been double had his contract not changed.
The prosecution allege Mr Redknapp instead received a secret untaxed payment from Mr Mandaric.
Jurors heard that in April 2002 Mr Redknapp flew to Monaco to open an account in the name of "Rosie 47" - a combination of his dog's name and his year of birth - the prosecution said.

Both men deny two counts of cheating the public revenue.
The first of the two charges alleges that, between 1 April 2002 and 28 November 2007, Mr Mandaric paid $145,000 (£93,100) into a bank account held by Mr Redknapp in Monaco, to avoid paying income tax and National Insurance.
The second charge for the same offence relates to a sum of $150,000 (£96,300) allegedly paid by Mr Mandaric to the same account between 1 May 2004 and 28 November 2007.
Mr Redknapp, 64, of Poole, Dorset, who underwent minor heart surgery last year to unblock his arteries, is the most successful English manager in the modern game, having led Portsmouth to FA Cup success and Spurs to last season's Uefa Champions League quarter-finals.
Serbian-born Mr Mandaric, 73, of Oadby, Leicestershire, is now chairman of Sheffield Wednesday, having previously worked at Leicester City.
The trial continues.

david44

Jose Arsene Alex eat yer hearts out

harrybarracuda

George Graham got away with a P45.

LooseBowels

If its trial by jury he should have any gooners in there kicked out

harrybarracuda

Might be a few Pompey fans in there as well.

sabaii sabaii

^ he's not too popular in Southampton either

Sailing into trouble

No one following Harry R's little problems in the courts?

I wonder if he can be coach from inside! From the Beeb!

Harry Redknapp 'kept offshore account secret'

The charges relate to Harry Redknapp and Milan Mandaric's time at Portsmouth Football Club


Harry Redknapp did not tell his accountant or bank about an offshore account for years, jurors have heard.

He is accused of receiving secret payments from former Portsmouth chairman Milan Mandaric, 73, while he was manager at the south coast club.

The Tottenham boss only revealed he had the Monaco-based account after being asked by a Premier League inquiry, Southwark Crown Court heard.

Mr Mandaric and Mr Redknapp, 64, deny charges of cheating the public revenue.

Previously jurors heard how Mr Redknapp received a percentage of net profit from transfers during his time at Portsmouth.

The prosecution also read out transcripts of conversations Mr Mandaric and Mr Redknapp had with a News of the World reporter in which they denied the manager was paid "bungs".

'Complete ignorance'
On the second day of the trial, the jury heard Mr Redknapp kept his Monaco account a secret from his accountant for four-and-a-half years and from his bank relations manager for five years and eight months.

The court heard Mr Redknapp had told the Premier League's Quest inquiry into player transfers that he had an accountant who invested the money in his Monaco account for him.

James Pearce
BBC Sports News Correspondent
The second day of the trial, and the mood outside the courtroom, was considerably calmer. By now journalists all had their 'season tickets' - their passes to every day of the trial.

That, though, didn't lessen the scramble for seats once the narrow door to Court 6 was opened. The prime locations closest to the judge were filled in seconds. The watching Harry Redknapp might have been surprised by the turn of foot displayed by journalists whom he normally sees sitting calmly in front of him at Tottenham press conferences.

Tweeting from court: @Pearcesport
The prosecution said Quest later received a letter from Mr Mandaric saying he had opened the Monaco account for Mr Redknapp and invested money there for him.

John Black QC, for the prosecution, said Mr Redknapp "was feigning almost complete ignorance" about the existence of the account while the Quest inquiry took place in 2006.

The first mention of it came when Mr Mandaric was asked by the Quest inquiry to provide details of payments to Mr Redknapp, Mr Black said.

He asked the court whether Mr Redknapp could have been unaware of the account even though he had flown to Monaco two years earlier to set it up in the name of his dog, Rosie.

He said: "The existence of the bank account was not registered to Revenue and Customs for a period of six years, two months... after Mr Redknapp was first arrested and questioned in the course of this investigation."

Excerpts of letters were read to the court about the origins of the account. One, the prosecution said, was sent from Mr Redknapp's accountant to his bank relations manager asking how the Monaco account could have been set up without Mr Redknapp's knowledge.

'You owe me'
The jury was also read transcripts from two taped interviews by the News of the World in which Mr Mandaric said the Monaco account was "nothing to do with bonuses" and "not money from football".

The court heard Mr Redknapp told the reporter that money - a bonus paid to him for selling striker Peter Crouch - had been paid into an offshore account.

This was because Mr Mandaric did not have a UK bank account, so had to pay from a US account into the account opened for him in Monaco.


Peter Crouch was sold by Portsmouth to Aston Villa for £5m in 2002
Mr Redknapp is alleged to have said to the reporter: "I was due 10%. They paid me 5%. I said to Mandaric, you owe me 10%, not 5%. Mandaric said don't worry, I'll sort it."

When the reporter asked Mr Redknapp if it was a bung, Mr Redknapp said: "Don't say bung. How can it be a bung when it was paid by the chairman?"

The prosecution said that during a police interview, Mr Redknapp said Mr Mandaric had told him that the Monaco investment had been "wiped out".

Mr Redknapp told police: "I never mentioned it again. I just thought, that's history. He's had me. Maybe he never put the money in. I don't know."

The court heard that Mr Redknapp told police Mr Mandaric had control over the account. He said Mr Mandaric "wasn't a man to argue with" and that he "never had a clue" how much money went in the account.

Jurors heard that Mr Mandaric told police that the money in the Monaco account was a loan and that he had asked Mr Redknapp to repay it.

'Transparent device'
But Mr Redknapp told police it was not a loan, the jury heard. He also told officers that he did not tell his accountant about the account because he thought there was no money in it.

Mr Black told the jury that Mr Mandaric's lawyer sent a letter to Mr Redknapp's solicitors a month after giving a "no comment" interview to police on 8 June 2009.

The letter said: "Mr Mandaric requests that 145,000 US dollars is repaid by Harry as soon as he is able to arrange it, to Mr Mandaric's following account."

Mr Black said: "The Crown suggest this could be a transparent device by Mr Mandaric to attempt to create an impression that the money paid by Mr Mandaric into the Rosie 47 account had only ever been advanced by way of a loan."

On Monday, the prosecution told the court Mr Redknapp received $295,000 (about £189,000) which he had no intention of declaring for tax purposes.

He was paid the "bungs or offshore bonuses" by Mr Mandaric, it was claimed.

The trial continues on Wednesday.

Apparently the account he had no idea about was named after his dog!

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VocalNeal

I think there is a difference between organizing one's life to reduce avoid taxes and organizing one's life to evade taxes.

That is what the Cayman Islands, IOM etc are for. Reducing taxation not evading.

Sailing into trouble

Arry's proving again that he can coach at the top level, looks bloody mediocre at being a financial high flyer.

If found guilty the FA could pull his ticket! He will loose big time and perhaps England will loose out on their next coach.

kmart

Nice one, 'Arry. Probably did it deliberately as the press were touting him as the next Engerlund manager.. Prison might seem a better option.

(El Tel Venables was also being lined up as manager for the national side a few years ago, when a judge declared him "unfit to be the director of a company.").

harrybarracuda

*** The Jury Has Retired To Consider Its Verdict ***

billy the kid

doesn't look good for arry
a red card a coming.

harrybarracuda

His name is Harry Redknapp he wears a magic hat, he couldn't get into Anfield so he turned into a cat!

billy the kid

arry walks.

harrybarracuda

Fucking hell, he's slippier than a greased up eel.

OhOh

Harry for England!!!!!

harrybarracuda

Yes!!!!! <--- says Arsenal fan.