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Harry Redknapp was 'not a happy bunny' over Crouch profit | Harry Redknapp was 'not a happy bunny' over Crouch profit |
(about 1 hour later) | |
Former Portsmouth manager Harry Redknapp was "not a happy bunny" over getting a lower cut of transfer profits, a court has heard. | Former Portsmouth manager Harry Redknapp was "not a happy bunny" over getting a lower cut of transfer profits, a court has heard. |
His then chairman, Milan Mandaric, told Southwark Crown Court that Mr Redknapp was unhappy his cut of Peter Crouch's transfer was reduced. | His then chairman, Milan Mandaric, told Southwark Crown Court that Mr Redknapp was unhappy his cut of Peter Crouch's transfer was reduced. |
Mr Redknapp, 64, and Mr Mandaric, 73, deny cheating the public revenue over payments made to a Monaco bank account. | Mr Redknapp, 64, and Mr Mandaric, 73, deny cheating the public revenue over payments made to a Monaco bank account. |
But Mr Mandaric said the money was to "develop a portfolio". | But Mr Mandaric said the money was to "develop a portfolio". |
The prosecution claims payments totalling $295,000 (approximately £189,000) were connected to the transfer of Crouch to Aston Villa, and for ensuring Premier League survival with a win over Manchester United. | The prosecution claims payments totalling $295,000 (approximately £189,000) were connected to the transfer of Crouch to Aston Villa, and for ensuring Premier League survival with a win over Manchester United. |
But Mr Redknapp told the court: "I have always paid my taxes. I've always gone to the best available people. | |
"I have always paid too much tax rather than not enough." | |
'Paid millions' | 'Paid millions' |
Earlier, the court was told by prosecution barrister John Black QC that payments following the transfer of Crouch were "all about Mr Redknapp and he was greedy and wanted more money". | |
But Mr Mandaric said: "He was paid millions of pounds. He was paid fairly. There was no issue whatsoever." | But Mr Mandaric said: "He was paid millions of pounds. He was paid fairly. There was no issue whatsoever." |
Mr Mandaric said the sums deposited in a Monaco bank account, named after Mr Redknapp's dog, was "money that I was going to develop his portfolio" with. | Mr Mandaric said the sums deposited in a Monaco bank account, named after Mr Redknapp's dog, was "money that I was going to develop his portfolio" with. |
He added: "It has absolutely nothing to do with football. I hope I have been clear on this." | He added: "It has absolutely nothing to do with football. I hope I have been clear on this." |
Mr Mandaric said "there was never any dialogue saying 'let's try to hide this account"' with Mr Redknapp. | Mr Mandaric said "there was never any dialogue saying 'let's try to hide this account"' with Mr Redknapp. |
The payments were made because "there was a friendship, two different subjects, things I always said". | The payments were made because "there was a friendship, two different subjects, things I always said". |
He added he was entitled to be friends with his manager - who is now boss at Tottenham - and make investments for him, in same way he was entitled to holiday and play tennis with him. | He added he was entitled to be friends with his manager - who is now boss at Tottenham - and make investments for him, in same way he was entitled to holiday and play tennis with him. |
The court had previously heard when England striker Crouch was sold on for a £3m profit, Mr Redknapp said he was due 10% as director of football. | The court had previously heard when England striker Crouch was sold on for a £3m profit, Mr Redknapp said he was due 10% as director of football. |
It heard he was unhappy after his cut of transfer profits was reduced to 5% when he took over as manager. | It heard he was unhappy after his cut of transfer profits was reduced to 5% when he took over as manager. |
The pair are accused on two counts, the first being 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 pair are accused on two counts, the first being 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. | 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. |
The trial continues. | The trial continues. |
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