Either imprisonment or in the worst case, forced to return to West Ham for three years.

Not sure how reliable a source for legal advice www.caughtoffside.com is, but they say:

Apparently a custodial sentence in this case is very unlikely and a large fine may be the sum of any potential punishment for the Spurs manager.

EDIT I: clearly www.caughtoffside.com know nowt about the law. I asked Mrs U, who is a barrister, what his punishment is likely to be if found guilty. Her succinct answer: "Prison".

EDIT II: clearly Mrs U knows nowt about this area of law! (To be fair she specialises in personal injury and has done no fraud work since she was at bar school...). One of her colleagues has said that jail is unlikely.

My conclusion? Anything could happen.

in perpetuity

he lied to the News of the World, which, as well all know, makes him a morally reprehensible deviant unfit to lick Gary Glitter's boots.

...will probably have their own view on how honest they think Redknapp is. I'm surprised that it's taken this long for something like this to happen.

So let's get this straight. He's the most ungreedy person ever, he's no good with figures, he writes like a child, he doesn't understand all this financial malarkey, etc, etc. He's just some cuddly old buffoon, who trusts his employers to do right by him and gets on with his football isn't he.

Yet he's savvy enough to get a contract with a large bonus for selling players on (if he has had this at all his clubs it will explain why the dressing rooms had revolving doors at all the clubs he's been at), he's managed to get a house on the most expensive street in the country (despite a career that has avoided any major honours or glamorous clubs until Spurs), his name is one of the very first that comes to mind when the issue of bungs are mentioned, he flew all the way to Monaco to open a bank account in his dog's name, which he then failed to bring to the attention of his accountant, he told the NOTW hack that this money was a bonus for selling Crouch (but he was, er, only 'lying' to the reporter).

If it were you or I we would be done for. If you or I were being lined up to be the next England manager, however...

but a book I've mentioned before in these here parts (now a few years out of date) that looks at 'Arry's dealings and his revolving door (among other characters including Ken Bates and Terry Venables) is Tom Bower's Broken Dreams; Vanity, Greed and the Souring of British Football.

He's not a wheeler dealer, he's a football manager.

Moving from Portsmouth to Southampton and back to Portsmouth is surely all you need to know (despite the guy living in Poole). Doesn't say much for his loyalty or integrity. Despite this, lots of people want him to be the England manager. Hey ho...

lester pigott end up in chokey for a similar offence.
and didn't ken dodd get off from similar charges - so take your pick!

That's 'triffic your honour.