Arrest in Premiership bung probe

A 61-year-old man has been arrested by police investigating transfer deals in the Premier League.

The man, who is not a football agent, was arrested by City of London police’s economic crime unit 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 yesterday.

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 into football corruption.”