Tottenham manager Harry Redknapp has said he lied to a News of the World reporter and also told a court he "plucked the wrong figure" out of the air as he was quizzed by Premier League bung investigators.
• Redknapp: My mind was on Beckham
Redknapp denied prosecution claims he "desperately" tried to cover up allegations the £189,000 Monaco payments were bonuses for transfer profits, but he said he gave sports journalist Rob Beasley the wrong information to prevent a story appearing in the Sunday tabloid as Spurs were due to take on Manchester United in the 2009 League Cup final.
Appearing in the stand at Southwark Crown Court for a second day, Redknapp said: "I don't have to tell Mr Beasley the truth. I have to tell police the truth, not Mr Beasley. He's a News of the World reporter."
When asked why he referred to payments as bonuses he was due for the sale of Peter Crouch from Portsmouth to Aston Villa, Redknapp added: "I wanted to make the point to Mr Beasley that it was paid by my chairman."
He added: "I referred to it to him many times as my Crouch bonus" as "Crouch is an easy answer".
Redknapp continued: "I just want to get Mr Beasley out the way - I just didn't want a story in the paper ... I was going to come down to breakfast and all my players were going to be looking at the back page of the News of the World. It was going to be embarrassing."
Redknapp said "I am not a liar" but giving Mr Beasley the wrong information was "the easy way out".
John Black QC, for the prosecution, accused Redknapp of "letting the cat out of the bag" during the phone conversation.
Redknapp replied: "Why would I let the cat out of the bag to the News of the World if I had done anything wrong? Do you think me and Mr Mandaric are going to have completely different stories. Are we that stupid?"
When asked again why he had offered a "false story" to Mr Beasley, Redknapp added: "I just want to get him off my back. This is the easy way out for me before a cup final."
The payments were linked to Crouch "in my mind", Redknapp added.
"In my mind it was always related to Crouch even though it wasn't connected. I felt morally I was due that money even though legally I wasn't."
Tape recordings of Redknapp talking to Mr Beasley were played in court.
Mr Black focused on Redknapp saying "Well, what did he give it to me for then?" when Mr Beasley said Mandaric claimed the payments were an investment, not a bonus.
Mr Black asked earlier if Redknapp was "desperately trying to hide" that it was a bonus. Redknapp replied: "Absolutely not."
When asked if he had been misleading, Redknapp repeated: "Absolutely not."
He went on to say: "You could be under the illusion (it was a bonus) but you would be wrong."
He said "I wasn't sure what the sum was, Mr Black" when he first mentioned the account to Quest Premier League bung investigators.
When asked if he plucked a figure out of the air, Redknapp replied: "I did and I plucked the wrong figure, didn't I?"
The defendant was asked about the £300,000 he received outside his contract at West Ham United for the sale of Rio Ferdinand to Leeds United. When asked whether responsibility for paying the tax was the club's, Redknapp replied: "Yes."
Both former Portsmouth boss Redknapp, of Dorset, and Mandaric, 73, of Leicestershire, deny two counts of cheating the public revenue.
Redknapp said that if he had not told the Quest inquiry about the Monaco account the issue would be "dead". Other football managers did not voluntarily declare accounts, he told the jury.
"As I have said many times Mr Black, if I don't go to Quest and tell them about that account, nobody knows," Redknapp said.
The 2006 Quest investigation into English football was led by Lord Stevens, the former Metropolitan Police Commissioner.
"Half the managers didn't even tell them," Redknapp said. "If I didn't tell them it's dead."
The first charge of cheating the public revenue alleges that between April 1 2002 and November 28 2007 Mandaric paid 145,000 US dollars (£93,100) into the account. The second charge for the same offence relates to a sum of 150,000 US dollars (£96,300) allegedly paid between May 1 2004 and November 28 2007.
Redknapp said: "Sometimes I may say the wrong words but I do not do it purposely."
He said the payments were "one million percent not my bonus" and the account "was so far from my mind it was unbelievable".
He said he did not tell his accountant about it because "I had nothing to tell him, there was nothing in it".
Redknapp said he had paid £8 million in taxes "so why are we going to bother?".
"I only asked Mr Mandaric once about the account - the away win at Blackburn (in 2004)," Redknapp said. "He said 'Disaster, Harry' - I didn't ask again."
Redknapp said the account was no secret. "I told all the boys at Portsmouth about it, I told Quest about it, that's how secret it was. As far as I was concerned, it was the most unimportant thing in my life, that account."
Redknapp has told the court he was focused on "marking David Beckham" as he signed off a six-figure bank transfer between Monaco and Mandaric's US account in 2003.
Mr Black referred to a Portsmouth match against Manchester United as he told Redknapp: "You didn't mark him very well."
Redknapp replied: "It didn't work - I think he scored a hat-trick."
He said that if he "thought there was money there, I would have brought it back a long time ago". "We could have spent it, no problem," Redknapp added.