FA probe £300,000 bet on Redknapp job

By DANIEL KING

Last updated at 21:27 02 February 2008


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.

Harry Redknapp

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'.

No comments have so far been submitted. Why not be the first to send us your thoughts, or debate this issue live on our message boards.

We are no longer accepting comments on this article.

Who is this week's top commenter? Find out now