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.'