Scholes admits his 'genuine mistake' over betting breach
Paul Scholes insists he made a "genuine mistake" in breaching the English Football Association betting rules while he was co-owner and director at Salford.
The 44-year-old has been fined £8,000 and warned about his future conduct after admitting the charge at a regulatory commission hearing, which found the former Manchester United midfielder "had not acquainted himself with the rules".
"I accept last week's ruling," the ex-England international said in a statement. "It was a genuine mistake. 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. I should have taken steps to verify this at the time."
Scholes was charged by the FA in April for placing 140 bets on matches between August 2015 and January this year.
Although none of the 140 bets concerned Salford, eight involved former club Manchester United, with the commission noting Scholes "remains acquainted with Ryan Giggs and Nicky Butt, who were working at Manchester United at the time".