Corruption probe sees 5 arrests, lands big fish

5 arrests have taken place today in connection with a police probe into bung payments within the Premiership. Portsouth manager Harry Redknapp is the biggest fish caught in the probe, bu but Leicester City chairman Milan Mandaric, Rangers midfielder Amdy Faye (on loan from Charlton), and prominent agent Willie McKay all also brought in by police.

Portsmouth have confirmed the Redknapp news and he was held at Chichester police station on suspicion of conspiracy to defraud and false accounting.

Mandaric, as well as the others brought in were all arrested in pre-dawn raids after 60 police officers searched eight addresses.

It appears the transfer of Faye from Auxerre to Portsmouth in 2005 is the source of the problem. Mandaric was the chairman at the time, while McKay acted as agent.

Tottenham defender Pascal Chimbonda (a player McKay also represents) was arrested on suspicion of fraud back in September, and is currently out on bail.

Bolton Wanderers have new manager

Former Leicester manager Gary Megson has signed for this season plus 2 more to become the new Bolton manager as the club try and right their rocky start against a quality Aston Villa side.

Megson takes over from Sammy Lee who just couldn’t seem to inherit what Sam Alardyce built and now has an uphill task to right a side sitting bottom of the table with a meager five points from their first 10 games this season.

Bolton were denied permission on 2 separate occasions to speak to Megson and it wasn’t until the manager stepped in to force a deal that the club relented.

Megson has managed Norwich, Nottingham Forest, West Bromwich Albion, Blackpool, Stockport and Stoke City.

How about a word of sympathy for Leicester who will now be looking for their fifth manager in just the space of an astonishing six months?