 Redknapp told the inquiry that it was possible that he did own the horse but insisted that he had not made any money out of it because the horse was a failure and never won a race.On 28 November 2007 it was reported by BBC News that the then Portsmouth manager, Harry Redknapp, Managing Director, Peter Storrie, former Portsmouth chairman, Milan Mandaric, former Portsmouth footballer Amdy Faye and agent Willie McKay had been arrested by City of London Police in relation to the ongoing inquiries into allegations of corruption in football.City of London Police continued an ongoing investigation in 2008, including a search of Birmingham City in March.