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Wednesday, November 28, 2007

Five Arrested in Football Corruption Investigation. Portsmouth FC Manager Harry Redknapp and Chief Executive Peter Storrie are among five men arrested by UK police as part of an ongoing investigation into alleged corruption within football.

The arrests follow a raid by police on Newcastle, Portsmouth and Glasgow Rangers football clubs earlier this year.

Comments

Shocked, shocked 'arry would be involved in something like this.

Been waiting for this to happen for a long time now.

Anyone care to enlighten me on the meaning of "bung"? I assume that is some sort of bribe or kickback? Not part of the American lexicon, at least to my knowledge. It's probably a whole Beavis and Butthead immaturity thing, but seeing references to a "Bung Probe" just cracks me up.

Essentially, the agent comes to the manager of a football team and says you could buy my client for 500,000. But if you bought him for 700,000 I'd get an extra 20,000 in commission. Also, I have this envelope containing 10,000 in cash here. I really hope I don't accidentally forget to take it with me and leave it on your desk. That would be terrible.

When I read the story I was certain that Sam Allardyce and his son would be neck deep in this whole mess. Maybe it is just a matter of time since they are the biggest "bungers" that I have heard about.

Essentially, the agent comes to the manager of a football team and says you could buy my client for 500,000. But if you bought him for 700,000 I'd get an extra 20,000 in commission. Also, I have this envelope containing 10,000 in cash here. I really hope I don't accidentally forget to take it with me and leave it on your desk. That would be terrible. So it's safe to say that this bung-taking is illegal? I assume because the club (by paying the higher price) is be defrauded in some way by the manager, who would presumably have some sort of fiduciary duty to the club? Or is there a specific anti-corruption statute at play?

Not surprised in the slightest by any of this. Amused about Redknapp actually. I still swear he was a ringer sent to destroy Southampton. Just seems far too convenient. Leaves Portsmouth, goes to Saints, buries them, leaves, returns to Portsmouth two weeks later. That sounds like a military operation to me.

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