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| Version 12 | Version 13 |
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| Redknapp held in football inquiry | Redknapp held in football inquiry |
| (10 minutes later) | |
| Five men have been arrested in connection with alleged corruption in football, police have said. | Five men have been arrested in connection with alleged corruption in football, police have said. |
| Portsmouth manager Harry Redknapp and chief executive Peter Storrie are among those held on suspicion of conspiracy to defraud and false accounting. | Portsmouth manager Harry Redknapp and chief executive Peter Storrie are among those held on suspicion of conspiracy to defraud and false accounting. |
| Rangers player and Senegalese international Amdy Faye was also arrested in Glasgow. | Rangers player and Senegalese international Amdy Faye was also arrested in Glasgow. |
| The arrests are part of City of London Police's ongoing inquiry into alleged corruption, a spokeswoman said. | The arrests are part of City of London Police's ongoing inquiry into alleged corruption, a spokeswoman said. |
| Police refused to give details of those arrested and would only confirm they were aged 69, 60, 55, 48 and 30. | Police refused to give details of those arrested and would only confirm they were aged 69, 60, 55, 48 and 30. |
| The men were held as officers carried out raids on 12 locations across the country. Two of those searches are still ongoing. | |
| Detectives from the economic crime unit of the City of London Police are investigating allegations of corruption within football and its impact on owners and shareholders. | Detectives from the economic crime unit of the City of London Police are investigating allegations of corruption within football and its impact on owners and shareholders. |
| The club is fully supportive of Peter and Harry who are co-operating fully with City of London Police in this ongoing inquiry Portsmouth FC | The club is fully supportive of Peter and Harry who are co-operating fully with City of London Police in this ongoing inquiry Portsmouth FC |
| In July, officers raided Newcastle United, Portsmouth and Rangers football clubs as part of the inquiry. | In July, officers raided Newcastle United, Portsmouth and Rangers football clubs as part of the inquiry. |
| A spokesman for Portsmouth said on Wednesday that the club's chief executive and manager had "been asked to help police with their inquiries concerning a matter dating back to 2003". | A spokesman for Portsmouth said on Wednesday that the club's chief executive and manager had "been asked to help police with their inquiries concerning a matter dating back to 2003". |
| "This was prior to the new owner taking control of the club at the beginning of 2006," he said. | "This was prior to the new owner taking control of the club at the beginning of 2006," he said. |
| "The club is fully supportive of Peter and Harry who are co-operating fully with City of London Police in this ongoing inquiry. | "The club is fully supportive of Peter and Harry who are co-operating fully with City of London Police in this ongoing inquiry. |
| "Both are playing major roles in the continued success of Portsmouth Football Club." | "Both are playing major roles in the continued success of Portsmouth Football Club." |
| Rangers FC have confirmed that a player has been arrested in a matter unconnected to the club. | Rangers FC have confirmed that a player has been arrested in a matter unconnected to the club. |
| Meanwhile, the BBC understands that Scottish football agent Willie McKay is one of the other men arrested. | Meanwhile, the BBC understands that Scottish football agent Willie McKay is one of the other men arrested. |
| Mr McKay oversaw Mr Faye's 2005 transfer from Portsmouth to Newcastle United for £2m. | Mr McKay oversaw Mr Faye's 2005 transfer from Portsmouth to Newcastle United for £2m. |
| Seven arrests | Seven arrests |
| Last year, the Premier League asked former Metropolitan Police Commissioner Lord Stevens and his company, Quest, to carry out a separate inquiry into several hundred player transfer deals. | Last year, the Premier League asked former Metropolitan Police Commissioner Lord Stevens and his company, Quest, to carry out a separate inquiry into several hundred player transfer deals. |
| In June, Lord Stevens presented his final report, which highlighted concerns over 17 transfers and five Premier League clubs. | In June, Lord Stevens presented his final report, which highlighted concerns over 17 transfers and five Premier League clubs. |
| City of London Police have distanced their investigation from Lord Stevens' inquiry. | City of London Police have distanced their investigation from Lord Stevens' inquiry. |
| The latest arrests bring the total number of people detained in connection with the investigation to seven. | The latest arrests bring the total number of people detained in connection with the investigation to seven. |
| In September, a 28-year-old man was arrested in London and in May, a 61-year-old man was arrested in Manchester on suspicion of money laundering. | In September, a 28-year-old man was arrested in London and in May, a 61-year-old man was arrested in Manchester on suspicion of money laundering. |