Greg Posted February 2, 2008 Share Posted February 2, 2008 http://www.dailymail.co.uk/pages/live/articles/sport/football.html?in_article_id=511983 FA probe £300,000 bet on Redknapp job By DANIEL KING A high-profile football figure is to be investigated by the Football Association over allegations he bet — and lost — at least £300,000 on Harry Redknapp becoming Newcastle manager. There are reports that the huge wager was staked on Friday, January 11, during the evening in which Redknapp is believed to have shaken hands on a deal to leave Portsmouth and move to the North East, only to change his mind the following morning. It is the second time in just over two years that betting on Redknapp changing his job has come under suspicion, following the probe into the £16.7million market on Betfair when he returned to Fratton Park from Southampton in December 2005. It is understood the individual coming under scrutiny this time was among those who featured in the FA's eight-month inquiry into those betting patterns. Redknapp was questioned by the FA along with others but the FA said there was no evidence that he had inside knowledge which he used himself or passed on to others, and no one was found guilty of any breach of football rules. There is no suggestion that Redknapp has committed any offence on this occasion either, but the re-emergence of a name mentioned in the previous probe will prompt another thorough investigation of betting patterns. An FA spokesman said: "We have clear rules on the use of insider information for betting purposes and if we have suspicions that these rules have been broken we will of course make inquiries." The FA have memoranda of understanding with Betfair and other bookmakers which should allow them access to key information. It is irrelevant that the person concerned allegedly lost money, rather than profited. The FA Handbook states: "A Participant shall not use, or provide to any other person any information relating to football which the Participant has by virtue of his or her position within the game and which is not publicly available for, or in relation to, betting. It shall not be a breach of the above provisions if the Participant can prove that the bet was on authorised and registered football pools." The FA define a participant as 'an Affiliated Association, Competition, Club, Club Official, Licensed Agent, Player, Official, Match Official, Management Committee Member, Member or Employee of an affiliated Club and all such persons who are from time to time participating in any activity sanctioned either directly or indirectly by The Association'. Link to post Share on other sites More sharing options...
Liam Liam Liam O Posted February 2, 2008 Share Posted February 2, 2008 http://www.dailymail.co.uk/pages/live/articles/sport/football.html?in_article_id=511983 FA probe £300,000 bet on Redknapp job By DANIEL KING A high-profile football figure is to be investigated by the Football Association over allegations he bet — and lost — at least £300,000 on Harry Redknapp becoming Newcastle manager. There are reports that the huge wager was staked on Friday, January 11, during the evening in which Redknapp is believed to have shaken hands on a deal to leave Portsmouth and move to the North East, only to change his mind the following morning. It is the second time in just over two years that betting on Redknapp changing his job has come under suspicion, following the probe into the £16.7million market on Betfair when he returned to Fratton Park from Southampton in December 2005. It is understood the individual coming under scrutiny this time was among those who featured in the FA's eight-month inquiry into those betting patterns. Redknapp was questioned by the FA along with others but the FA said there was no evidence that he had inside knowledge which he used himself or passed on to others, and no one was found guilty of any breach of football rules. There is no suggestion that Redknapp has committed any offence on this occasion either, but the re-emergence of a name mentioned in the previous probe will prompt another thorough investigation of betting patterns. An FA spokesman said: "We have clear rules on the use of insider information for betting purposes and if we have suspicions that these rules have been broken we will of course make inquiries." The FA have memoranda of understanding with Betfair and other bookmakers which should allow them access to key information. It is irrelevant that the person concerned allegedly lost money, rather than profited. The FA Handbook states: "A Participant shall not use, or provide to any other person any information relating to football which the Participant has by virtue of his or her position within the game and which is not publicly available for, or in relation to, betting. It shall not be a breach of the above provisions if the Participant can prove that the bet was on authorised and registered football pools." The FA define a participant as 'an Affiliated Association, Competition, Club, Club Official, Licensed Agent, Player, Official, Match Official, Management Committee Member, Member or Employee of an affiliated Club and all such persons who are from time to time participating in any activity sanctioned either directly or indirectly by The Association'. If you use the phrase "is believed to" can you then follow it up by printing whatever you want, true or not? My money (no pun intended) would be on it being Merson Link to post Share on other sites More sharing options...
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