Harry Redknapp on trial for tax evasion

Harry Redknapp, the Spurs manager, and Milan Mandaric (chairman of Sheffield Wednesday FC) will both stand trial on tax evasion charges in London in the New Year.  Redknapp and Mandaric both face two charges of cheating the public revenue contrary to common law whilst Redknapp managed and Mandaric was the chairman at Portsmouth City FC.

The taxman alleges that they fraudulently hid two payments from Mandaric to Redknapp from HMRC; by paying the money into Redknapp’s Monaco bank account. The amounts are said to be payments of £90,000 and a 2nd of £93,000 between April 2002 and November 2007.  It is claimed that Redknapp opened the offshore bank account, in the secretive tax haven principality, specifically for this purpose. The Crown alleges that the payments were made: “with intent to defraud and to the prejudice of HM Revenue and Customs…in connection with Redknapp’s employment and as a reward for services…in order to conceal the said emolument from HM Revenue and Customs and evade the payment of Income Tax and National Insurance Contributions thereon (whether by the operation of PAYE by the club or otherwise)”.  Both Redknapp (aged 64), and Serbian-American businessman Mandaric (aged 73), deny any wrongdoing.

The trial will commence at Southwark Crown Court in London, on or after 23 January 2012 and is expected to last two weeks.  Mr Redknapp is currently manger of Tottenham Hotspur FC and is also still recovering from a heart operation.  If found guilty both men could face prison sentences of up to seven years.

Criminal Prosecutions
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