Paul Scholes fined, warned by FA for betting breaches
ByEurosport
Updated 19/06/2019 at 13:45 GMT
Former Manchester United midfielder Paul Scholes has been fined £8,000 and warned about his future conduct after he admitted a misconduct charge in relation to betting, the Football Association said.
Scholes was charged with placing 140 bets on football matches between August 2015 and January 2019, including:
- Eight bets on United while fellow Salford co-owners Ryan Giggs and Nick Butt were employed by the club
- Betting on Valencia to beat Barcelona when Gary Neville (also co-owner) was manager. Valencia lost 7-0
- Betting on eight FA Cup matches – all after Salford had been knocked out
"I accept last week's ruling. I would like to apologise and I understand and fully accept the fine imposed by the FA," Scholes said in a statement.
"It was a genuine mistake and was not done with any deliberate intention to flout the rules.
"I wrongly believed that as long as there was no personal connection between me and any of the matches that I bet upon then there would be no issue. However I understand now that this is not the case and I should have taken steps to verify this."
Scholes won 11 Premier League titles, three FA Cups and two Champions League crowns with United before hanging up his boots in 2013.
In March, he left his role as manager of League Two outfit Oldham Athletic after only 31 days in charge.
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