Police delivered their dossier of evidence to the Crown Prosecution Service last Thursday after a two-year investigation.

Seven well-known figures are mentioned, including Portsmouth's FA Cup-winning manager, Harry Redknapp, and the most powerful woman in English football, Birmingham City director Karren Brady.

A CPS statement said: "We have received a file in relation to criminal allegations involving the transfer of football players and agent fees."

Others named in the file include Leicester City chairman Milan Mandaric, Portsmouth chief executive Peter Storrie, Rangers and former Portsmouth midfielder Amdy Faye, Birmingham City co-owner David Sullivan, and agent Willie McKay. All seven strongly deny any wrongdoing.

Prosecutors will now ask counsel to decide whether police have sufficient evidence to charge any of those investigated.