Police arrest man in Premier League transfer deals probe

Detectives in England probing allegedly dodgy transfer deals in the Premier League have made their first arrest.

Officers from City of London police’s economic crime unit have arrested a 61-year-old man on suspicion of money laundering.

Police are believed to be examining the findings of an inquiry by former Metropolitan Police commissioner Lord Stevens into football corruption.

The inquiry found “serious breaches” of transfer-market regulations after examining hundreds of deals, it was reported today.

Lord Stevens’ findings were delivered to Premier League chief executive Richard Scudamore last Friday, it is believed.

A City police spokeswoman said: “We can confirm a 61-year-old man has been arrested in Manchester in connection with our investigation in to football corruption.”

She added that the man was arrested on Wednesday May 23 on suspicion of money laundering. He was released on bail until October.