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Portsmouth have confirmed that their manager, Harry Redknapp, was one of the five people arrested today as part of the City of London's investigation into football corruption. Redknapp was held at Chichester police station on suspicion of conspiracy to defraud and false accounting.

Leicester chairman Milan Mandaric, Portsmouth chief executive Peter Storrie, agent Willie McKay and Charlton midfielder Amdy Faye were the others arrested. The five were held in pre-dawn raids after more than 60 police officers searched eight addresses across the UK.