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By ESPN Staff

Premier League inquiry is a 'waste of time'- Jordan

Crystal Palace chairman Simon Jordan today claimed the Premier League inquiry into corruption in football was 'an absolute waste of time'.

With the BBC's Panorama programme tonight promising to uncover wrongdoing in the game, Jordan fanned the flames of the 'bung' controversy by insisting he knew 'three or four managers' who took such financial sweeteners.

Lord John Stevens, the former Metropolitan Police Commissioner, is to present the findings of his investigation into corruption at a meeting of the Barclays Premiership chairmen on October 2 - but Jordan does not believe it will have any lasting effect.

'Everybody knows who does [take bungs] and who doesn't. I can sit here and tell you three or four managers who I know take bungs,' said Jordan, who claimed the inquiry is 'an absolute waste of time'.

'The big fear is that football will be regulated, and I think this is an exercise in semantics by the football authorities to ensure Government regulations aren't implemented.

'The nature of transactions are now so well-documented that I don't see what they can find.

'They will spend a lot of money, and everyone will say 'wonderful' - but then read it and file it,' Jordan told the London Evening Standard.

The Panorama programme, to be shown on BBC1 at 9pm, is entitled 'Undercover: Football's Dirty Secrets' and is set to make damaging allegations about at least one Premiership manager.

Portsmouth boss Harry Redknapp has already insisted he has nothing to fear from the programme, for which he was secretly filmed as well.

The programme is based around filmed conversations between agents and undercover journalists posing as representatives of a new agency called Dynamic Soccer.

The BBC believe they have uncovered some damning testimony that will 'rock football'.