Bookmakers stopped taking bets today on Harry Redknapp to be the next manager of the England football team when reports of large bets were being placed around the country - including Portsmouth, Bournemouth, London, Leicester and Sheffield.
The FA announced the resignation of Fabio Capello on Wednesday, the same day that Harry Redknapp and former Portsmouth chairman were cleared by a jury at Southwark Crown Court of tax evasion on an account in Monaco.
The bookmakers Ladybrokes cut the odds on Redknapp being the next England manager from 2-1 to 1-3 within seconds of the acquittal by a jury at Southwark Crown Court, before then suspending betting altogether.
One employee at the Perry Power betting shop in Bournemouth who wished to remain anonymous told the spoof "A man in dark glasses walked in yesterday afternoon with a suitcase full of cash in one hand and a passport in the other. He wanted the entire amount in the case on Mr Redknapp to be next England boss. I needed to get head office approval before I could accept such a large bet, but when I told him this the man rushed off, saying he had left his dog on a lead outside".