FORMER PORTSMOUTH FC owner Milan Mandaric says he is ‘insulted’ by allegations that he paid bungs to Harry Redknapp.
The pair are accused of concealing two transfer payments worth $295,000 in a Monaco bank account to avoid paying taxes. Both men deny the charges.
Advertisement
Mandaric, now Sheffield Wednesday owner, told Southwark Crown Court in London today: “It is a very sad situation that I have to answer that because in business, running public companies with thousands of shareholders, being a major investor in US banks where you have to go through rigorous, fit-and-proper person test, being part of investment fund over there, I started in a hard way and made enough money to support my love of football.
“Never, ever in my mind was coming the idea that I could get rich evading money. I did not even know what the word meant. I did not cheat anyone,” he said.
Milan Mandaric, arrives at Southwark Crown Court. Anthony Devlin/PA Wire/Press Association Images
Redknapp “has a tendency to moan”, Mandaric said, saying they argued over whether the manager was owed a 5% or 10% bonus on the Crouch sale.
“He has a tendency to moan, to be unhappy, to find something,” Mandaric said.
The court was adjourned until tomorrow when Mandaric will continue giving evidence.
Harry Redknapp co-accused Milan Mandaric 'insulted' by bung allegations
FORMER PORTSMOUTH FC owner Milan Mandaric says he is ‘insulted’ by allegations that he paid bungs to Harry Redknapp.
The pair are accused of concealing two transfer payments worth $295,000 in a Monaco bank account to avoid paying taxes. Both men deny the charges.
Mandaric, now Sheffield Wednesday owner, told Southwark Crown Court in London today: “It is a very sad situation that I have to answer that because in business, running public companies with thousands of shareholders, being a major investor in US banks where you have to go through rigorous, fit-and-proper person test, being part of investment fund over there, I started in a hard way and made enough money to support my love of football.
“Never, ever in my mind was coming the idea that I could get rich evading money. I did not even know what the word meant. I did not cheat anyone,” he said.
Milan Mandaric, arrives at Southwark Crown Court. Anthony Devlin/PA Wire/Press Association Images
Redknapp “has a tendency to moan”, Mandaric said, saying they argued over whether the manager was owed a 5% or 10% bonus on the Crouch sale.
“He has a tendency to moan, to be unhappy, to find something,” Mandaric said.
The court was adjourned until tomorrow when Mandaric will continue giving evidence.
To embed this post, copy the code below on your site
Court Harry Redknapp Premier League Southwark Crown Court