Sheffield Wednesday News 24/7Writer: Nick 
Date:Wednesday February 8 2012
Time: 12:22PM
UK time is: 08:24:37
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Mandaric's statement on trial acquittal
Wednesday chairman Milan Mandaric has issued a statement via the official SWFC website on his court acquittal today.
Mandaric and Harry Redknapp were in the dock charged with evading tax on payments totalling £189,000 during their time at Portsmouth and had been on trial at Southwark Crown Court.
But the jury reached an unanimous verdict in clearing the pair this morning.
Mandaric said: 'I am delighted I have today been cleared of these totally unfounded allegations of tax evasion. It is clear they should have never have been brought to court.
I never doubted the truth would prevail nor the fact that the British justice system would come to the right conclusion.
I came to Britain twelve years ago because of my love of football and have since saved 3 much loved football clubs which were on the brink of extinction.
As a result I have saved thousands of jobs and paid tens of millions of pounds into the public purse through tax.
To suggest I would cheat the tax man is highly offensive to me, my family, my associates and friends.
I am happy that my good name and reputation have been upheld.
And I wish to express my gratitude to my many football fans, friends and family for all their support. They have been a great source of strength to me.'
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Your Comments
Glad to hear the correct verdict has been delivered. On a more worrying note, how much has this cost us, the taxpayers, for a paltry figure which is probably equivalent to a premier players weekly wage.
PS Get rid of that annoying advert at the top of the page.
dooleys left leg
Its been reported this case has cost the taxpayer in excess of £8 million for a measley £189,000. If you include the case against Storey at Portsmouth thats a lot of money. Storey was also found not guilty of tax evasion. Thankfully the HMRC will have to pay Milan and Harrys legal costs. PPS I agree get rid of the advert its sooo annoying.
tarnyowl
8 million DLL and yes i agree about the advert thought it was just me that gets****ed off with it!!!!!
brinsworthowl
Absolute disgrace this ever went to court, I do wonder sometimes why successful businessman ever come to the uk employing people and paying millions in tax when this is how they're treated. We love you at S6 Milan so stick with us and get us back where we belong, you'll be up there in Wednesday folklore.
sussexowl
I'll choose not to comment specifically on this case as I think there are a number of grey areas!
TheMightyBoosh
I suppose you'd have to be subjected to a witch-hunt to know what it feels like. This talk of MM needing some time to re-evaluate his position and decide whether he still has the enthusiasm to continue is probably understandable given the circumstances. But I hope he's at least able to recognize the level of gratitude and appreciation Wednesdayites afford him and can muster the strength and determination to take up the reins with renewed vigour and lead us all to a brighter future.
OurMaurice
The only grey area is that the CPS and HMRC's case relied so much on evidence from a news of the world reporter, this case had more holes in it than a sieve and it's a disrace that £8m of taxpayers money has been squandered on a 5 year investigation which hasn't led to even one conviction. Nothing about this case made sense to me and thankfully the jury took on board the evidence presented and came to the correct decision. Just need Milan to get Wednesday back to the prem and Harry to win trophies with England, next few years could be very exciting!!
sussexowl
Totally agree with sussexowl. In tough economic times like we have at the moment to waste 8million of taxpayers money on this is an absolute disgrace. Makes you wonder what is happening to this country. Total joke.
leons gloves
As Harry said earlier to Sky sports, Milan has paid £100 million tax in his time here so it made no sense why he would risk his excellent reputation as a businessman for the sake of saving just a few grand in tax. He could also have saved himself about £5 million by waiting a few days to buy Wednesday as by then we would have been in administration and he could have bought us for a 10th of what he did. I'd like to know when the HMRC will address their own mistakes and ineffeciencies which no doubt cost the country tens of millions every year and also go after the genuine tax dodgers.
sussexowl
glad for that result. mandaric was never going to be found guilty as it was a trust which made the payments. quite how redknapp escaped though is beyond belief. still a waste of money to chase it, glad i'm out of it
Hirsty's Shinpads
that guy is so dodgy its unbeleivable definately paid someone off!
100percentblade
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