Official Redknapp Case Trial Thread

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Official Redknapp Case Trial Thread Empty Official Redknapp Case Trial Thread

Post by RealGunner Mon Jan 23, 2012 6:24 pm

From Today's Hearing


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 were told secret payments were made to Mr Redknapp's Monaco bank account in the name of his dog.

Mr Mandaric and Mr Redknapp 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.

Peter Crouch

"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 payment from Mr Mandaric into an account in Monaco in the name of "Rosie 47" - a combination of his pet dog's name and his year of birth - the prosecution said.

It was heard that in 2002 Mr Mandaric paid $145,000 into this account and on 13 January 2003, following a fax request from Mr Redknapp, $100,000 moved from "Rosie 47" to a company in Miami called First Star International.

The prosecution claim this firm was a personal account for Mr Mandaric and on 21 April 2004 Mr Mandaric wrote a cheque from it to Mr Redknapp for $150,000.

Early in 2008 Mr Redknapp wrote to the Monaco bank and requested the remaining $207,000 to be transferred to his London HSBC account, the court heard.

The jury was told that Mr Redknapp never mentioned the Monaco account as he was investigated by HM Revenue and Customs officials over his transfer dealings at West Ham United.

The probe, between January 2004 and October 2006, "was originally prompted by concerns over a £300,000 payment... regarding profit made in a player transfer, namely Rio Ferdinand," Mr Black said.

The Monaco bank account eventually came to light during an inquiry into illicit payments in football, led by Lord Stevens, the former Metropolitan Police Commissioner, jurors heard.

Heart surgery

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.

BBC
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Post by aleumdance Mon Jan 23, 2012 6:26 pm

trust me

spuds would find a way to defend him here
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Post by Jonathan28 Mon Jan 23, 2012 6:28 pm

A football club isn't influential enough to stop Harry getting convicted, the government maybe but not a football club.
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Post by Great Leader Sprucenuce Mon Jan 23, 2012 6:30 pm

Nothing will happen i can absolute guarantee it.
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Post by Jay29 Mon Jan 23, 2012 6:31 pm

@Jay_in_Essex: Amazing scenes in Southwark this morning as Harry Redknapp drives his car into the courtroom and begins giving evidence through the window.

:lucas:

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Post by Gil Mon Jan 23, 2012 6:31 pm

What's the worst case scenario RG?

Btw, Rosie 47 Laughing
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Post by Amar Mon Jan 23, 2012 6:33 pm

Think how much money Wenger would have if he made 10% off net transfers lol.

And I agree with the above, nothings going to happen. Slap on the wrist most likely.
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Post by Tomwin Lannister Mon Jan 23, 2012 6:35 pm

Using your dog's name and your D.O.B to avoid the tax man. :bow:


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Post by TalkingReckless Mon Jan 23, 2012 6:35 pm

guess we know why he was always wheeling and dealing.... he gets $$ from it
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Post by RealGunner Mon Jan 23, 2012 6:35 pm

Gil wrote:What's the worst case scenario RG?

Btw, Rosie 47 Laughing

6 months in prison
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Post by RealGunner Mon Jan 23, 2012 6:36 pm

GoonerJay29 wrote:@Jay_in_Essex: Amazing scenes in Southwark this morning as Harry Redknapp drives his car into the courtroom and begins giving evidence through the window.

:lucas:

LMFAO
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Post by RealGunner Mon Jan 23, 2012 6:36 pm

Official Court drawing from the Redknapp trial

Official Redknapp Case Trial Thread Arry
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Post by izzy Mon Jan 23, 2012 6:36 pm

'Rosie 47'

Redknapp trying to be sly. Laughing
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Post by izzy Mon Jan 23, 2012 6:37 pm

RealGunner wrote:Official Court drawing from the Redknapp trial

Official Redknapp Case Trial Thread Arry

Saving that pic to my laptop right now.
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Post by halamadrid2 Mon Jan 23, 2012 6:39 pm

lol whats with his cheek wobbling??
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Post by Raptorgunner Mon Jan 23, 2012 6:39 pm

GoonerJay29 wrote:@Jay_in_Essex: Amazing scenes in Southwark this morning as Harry Redknapp drives his car into the courtroom and begins giving evidence through the window.

:lucas:

LOL,I just got that hahahhahaha. :lol!:
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Post by Great Leader Sprucenuce Mon Jan 23, 2012 6:40 pm

Official Redknapp Case Trial Thread Arry

My name is Michael Caine and I am currently sitting next to Robert Kilroy-Silk.
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Post by Zealous Mon Jan 23, 2012 8:08 pm

Word of advice there is likely more information that hasn't been released yet and more likely to turn up later.

Interesting development, I'll follow this case hmm

Wouldn't put it past 'Arry though he is a wheeler dealer after all banana
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Post by Great Leader Sprucenuce Mon Jan 23, 2012 8:58 pm

Glory Glory should put Mr.Redknapp is not Guilty under all users sigs IMO.
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Post by Great Leader Sprucenuce Tue Jan 24, 2012 5:10 pm

Official Redknapp Case Trial Thread 1317160761qT17FpF

Redknapp's dog trying to access the account.
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Post by Lex Tue Jan 24, 2012 5:14 pm

Someone on Redcaf quipping that the stand will be converted to a car door with an electric window just for him

laughed out loud
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Post by Lex Tue Jan 24, 2012 5:15 pm

Redknapp apparently suing a reporter over something or other

Shouldn't he wait until he loses this case before becoming embroiled in another?
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Post by Zealous Tue Jan 24, 2012 5:24 pm

Actually it's easier to deal with all these at once since his legal team is already assembled and in "legal" mode.

It'll cost him though, maybe he'll put it on Rosie's tab :lucas:

(If he is indeed guilty)
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Post by El Chelsea Fuerte Tue Jan 24, 2012 6:30 pm

Was this thread created just to make fun of him? Rolling Eyes

Why do people hate him so much...

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Post by Lex Tue Jan 24, 2012 6:32 pm

Because he creates accounts in his dog's name to receive money

How can you not make fun of that
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