[zing]

http://news.bbc.co.uk/2/hi/uk_news/e...on/6901085.stm

Anyone got any more details ?

[_blank_]

Here's the Football365 Article

http://www.football365.com/story/0,1...502316,00.html

Police raided three football clubs today as part of an investigation into alleged corruption.

Police said the raids were not connected to Lord Stevens' ongoing Quest inquiry into the Premier League and were "totally independent``.

City of London Police would not disclose which clubs were involved, or their league status, but said search warrants were executed between 7.30am and 9am on Monday.

A spokeswoman said: "We can confirm that search warrants were served at three football clubs and the homes of two individuals in connection with corruption in football and its impact on owners and shareholders.

"This investigation is a totally independent inquiry.

"It has not been influenced or informed by the Quest inquiry in any way.

"As this is a live investigation, it would be inappropriate to comment further at this stage.''

Bolding and Underline mine.

Shareholders?

How many of the lower-league London clubs are quoted on the Stock Exchange?

[zing]

BBC article since updated to say they believe Newcastle Utd are one of the clubs.

[The Sparrow]

Well from the BBC report Newcastle seems to be one of the clubs searched. so surely if thats the case its not just City of London Police involved? That is a bit confusing!

[event]

they are saying one could be newcastle

of london teams in the premiership, west ham, spurs and chelsea, arent they privately owned?

so they wouldnt have shareholders?

could be wrong though

[The Sparrow]

Originally Posted by event

they are saying one could be newcastle

of london teams in the premiership, west ham, spurs and chelsea, arent they privately owned?

so they wouldnt have shareholders?

could be wrong though

I think Spurs are publicly owned.

Edit:

Seems Spurs are publicly owned:

http://www.tottenhamhotspur.com/news...otspurplc.html

[zing]

That BBC article has been updated a few times since I first posted. SSN also reporting on Newcastle being involved.

London reference in thread title removed but it does seem to be London city police behind the investigation.

[The Sparrow]

SSN reporting that it was the fraud squad that raided them and that Northumbria police say that they received a request from Manchester Police to search Newcastle Utd. SSN also reporting that the investigation is linked to the arrest of a 61-year old man on money laundering charges by City of London Police.

[rahim]

Originally Posted by seansouth

Here's the Football365 Article

http://www.football365.com/story/0,1...502316,00.html



Bolding and Underline mine.

Shareholders?

How many of the lower-league London clubs are quoted on the Stock Exchange?

Wouldn't have to be quoted on the Stock Exchange to have shareholders as far as I know.

[_blank_]

I hope it's three Premier League teams, and we get punishments fitting for corruption. Not like Italy.

Might even see SheffYoo back in the Prem

[county]

Glasgow rangers named as one of the clubs

[_blank_]

Originally Posted by county

Glasgow rangers named as one of the clubs

Seriously?

WTF like?

[thebaz]

Originally Posted by seansouth

I
Might even see SheffYoo back in the Prem

The premiership shouldn't get a monopoly of the samba delights of SheffYoo -- under Robbo the beautifull game will get redefined !

[county]

Originally Posted by seansouth

Seriously?

WTF like?

yeah,just on SSN,rangers confirm they were asked to co-operate in police investigation

[county]

portsmouth the third club named