Former Leeds United managing director David Haigh has been arrested in Dubai on suspicion of embezzlement, fraud and money-laundering.
Haigh was the frontman and deputy CEO of Dubai-based bankers GFH Capital when they bought Leeds from Ken Bates in December 2012.
GFHC released a statement on Wednesday confirming that a former employee has been arrested "on suspicion of fraud, embezzlement and money-laundering while he was employed at the bank."
Haigh, 36, has told friends that he is 'shocked and horrified' at his arrest, which happened on Sunday. By Wednesday he had been in custody for three nights.
A source close to Haigh told the Daily Mail: "He is confident he has done nothing wrong or illegal... and that the Dubai authorities will see through what he insists are baseless allegations."
For the big stories and the banter follow us on Twitter: @tribalfootball