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| Version 6 | Version 7 |
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| Harry Redknapp 'avoided tax on bungs' | Harry Redknapp 'avoided tax on bungs' |
| (40 minutes later) | |
| 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. | 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 at Southwark Crown Court were told Mr Redknapp is a "hard-headed businessman with financial acumen". | |
| The pair deny charges of cheating the public revenue. | The pair 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. | |
| "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. | |
| Harry Redknapp was an early arrival for the start of his trial. He was at the court soon after 08:00, but by then many journalists had already been there for an hour. | |
| With limited space in the court room for press and members of the public, a queue had begun to snake down a corridor of the building. | |
| At 10:05 the door to court six was opened, and Mr Redknapp and Mr Mandaric took their seats in the dock. This will be their home for much of the next two weeks. | |
| When he moved to the manager's job in May 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 untaxed payment from Mr Mandaric. | |
| Jurors heard that in April 2002 Mr Redknapp flew to Monaco to open an account in the name of "Rosie 47" - a combination of his dog's name and his year of birth - the prosecution said. | |
| 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. |