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Redknapp denies corruption link Redknapp denies corruption link
(10 minutes later)
Portsmouth manager Harry Redknapp has said a police inquiry into alleged corruption in football "doesn't directly concern me".Portsmouth manager Harry Redknapp has said a police inquiry into alleged corruption in football "doesn't directly concern me".
He was one of a group of five men arrested on suspicion of conspiracy to defraud and false accounting.He was one of a group of five men arrested on suspicion of conspiracy to defraud and false accounting.
City of London Police have said all five men have been released on bail until February.City of London Police have said all five men have been released on bail until February.
Among those arrested were Portsmouth's chief executive Peter Storrie and the club's former chairman Milan Mandaric.Among those arrested were Portsmouth's chief executive Peter Storrie and the club's former chairman Milan Mandaric.
Another of those held is understood to have been Charlton player and Senegalese international Amdy Faye, currently on loan to Rangers. Another of those who were held is understood to be Charlton player and Senegalese international Amdy Faye, currently on loan to Rangers.
The City of London Police inquiry is believed to be centred around the transfer of Mr Faye to Portsmouth, a deal set up by agent Willie McKay. The City of London Police inquiry is believed to be centred around the transfer of Mr Faye to Portsmouth from the French club Auxerre, a deal set up by agent Willie McKay.
Inquiries help
Mr Redknapp said: "We all helped the police with their inquiries, but it doesn't directly concern me, it's other people involved.Mr Redknapp said: "We all helped the police with their inquiries, but it doesn't directly concern me, it's other people involved.
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
"I've been answering questions to help the police. I am not directly concerned with their inquiries."I've been answering questions to help the police. I am not directly concerned with their inquiries.
"They have to arrest you to talk to you, for you to be in the police station. I think that's the end of it; it didn't directly concern me." "They have to arrest you to talk to you, for you to be in the police station. I think that's the end of it, it didn't directly concern me."
Paul Martin, the solicitor representing Mr Redknapp and Mr Storrie, said: "The inquiries do not relate to either of those individuals. They relate to entirely different individuals. Paul Martin, the solicitor representing Mr Redknapp and Mr Storrie, said: "The inquiries do not relate to either of those individuals. They relate to entirely different individuals."
"They are ongoing investigations in relation to those other individuals, and for that reason they are unable to comment further, and there is nothing that they can discuss." A spokesman for Mr Mandaric said the Leicester City chairman would "continue to offer his full and total support to the police".
Previous raids
Meanwhile, a spokesman for Mr Mandaric said the Leicester City chairman would "continue to offer his full and total support to the police".
The arrests are part of City of London Police's on-going inquiry into alleged corruption, a spokesman 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 69-year-old was also held on suspicion of money laundering, a police spokesman said.The 69-year-old was also held on suspicion of money laundering, a police spokesman said.
The men were held as officers carried out raids on 12 locations across the country.The men were held as officers carried out raids on 12 locations across the country.
Previous arrests
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.
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" prior to the new owner taking control of the club in 2006.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" prior to the new owner taking control of the club in 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. He added that the club was "fully supportive of Peter and Harry".
"Both are playing major roles in the continued success of Portsmouth Football Club."
Seven arrests
Rangers FC have confirmed that a player was arrested in a matter "totally unrelated" to the club.Rangers FC have confirmed that a player was arrested in a matter "totally unrelated" to the club.
"It would be inappropriate to comment further," Rangers said in a statement. An inquiry conducted last year by former Metropolitan Police Commissioner Lord Stevens highlighted concerns over 17 player transfers and five Premier League clubs.
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.
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.