Five men, including Harry Redknapp, the manager of the English football club Portsmouth, and former Portsmouh chairman Milan Mandaric (now at Leicester City) have been arrested by British police in an investigation into alleged corruption in British football transfers.  Reports suggest that they have been arrested on suspicion of conspiracy to defraud and false accounting
Portsmouth Chief Executive Peter Storrie and player Amdy Faye have also been arrested.

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Five arrested in British football corruption probe