Leicester chairman Milan Mandaric faces tax charge

Milan Mandaric says he has done nothing wrong

The millionaire chairman of Leicester City is to be charged next month over a tax issue, Revenue and Customs has confirmed.

Milan Mandaric is accused of what tax officials have described as "cheating the public revenue".

Solicitors acting for the chairman, who denies any wrongdoing, have been told he will be charged in January.

The allegation goes back to his time at Portsmouth Football Club where he was chairman from to 1998-2006.

He will face the charges alongside Tottenham Hotspur manager Harry Redknapp.

This is not a football matter, it is a private matter between me and Harry Redknapp

Milan Mandaric

A spokesperson for HM Revenue and Customs Prosecution Office said: "I can confirm that RCPO (Revenue and Customs Prosecution Office) have informed solicitors acting for Mr Redknapp and Mr Mandaric that a decision has been taken to charge them during the week commencing 11 January.

"The solicitors have been informed that their clients will be charged with cheating the revenue but the exact nature of the charge or charges has not yet been articulated.

"They will be informed of the exact nature of the charge or charges when charged during the week commencing 11 January."

In a statement, Mr Mandaric said: "This is not a football matter, it is a private matter between me and Harry Redknapp.

"I've done nothing wrong and have instructed my legal team."