Five men, including Harry Redknapp, the manager of the English football club Portsmouth, and former Portsmouh chairman Milan Mandaric (now at Leicester City) have been arrested by British police in an investigation into alleged corruption in British football transfers.
Reports suggest that they have been arrested on suspicion of conspiracy to defraud and false accounting
Portsmouth Chief Executive Peter Storrie and player Amdy Faye have also been arrested. - Source: Wikinews
BBC reports that "Mr Redknapp and three others have since been released on police bail. A 30-year-old remains in custody. Police refused to give details of those arrested and would only confirm they were aged 69, 60, 55, 48 and 30. "
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