Former owner of Tottenham Hotspur, Joe Lewis, is poised to receive an official pardon from the President of the United States, Donald Trump. Lewis, who transferred ownership of Spurs to the Lewis Family Trust in 2022, was fined £4 million after admitting to insider trading. However, reports suggest that he will not rejoin the north London club.
In 2024, Lewis managed to avoid imprisonment following a judge’s decision in the U.S., considering pleas for leniency due to his advanced age and early admission of guilt. Since taking office after Joe Biden, President Trump has granted numerous pardons, with the ex-chief of the Premier League club being the latest recipient, as per The Telegraph.
A presidential pardon in the U.S. is a formal forgiveness for a federal offense, halting further penalties and reinstating civil rights. While the crimes involved could carry up to a two-year prison sentence according to federal guidelines, Lewis will not serve any jail time.
The announcement of Lewis’ pardon is expected today by the White House. The British billionaire expressed his relief, stating, “I am happy that this chapter is closed, allowing me to retire and witness the continued success of our family businesses built on quality and excellence.”
Following Daniel Levy’s departure, the Lewis family assumed full control of Tottenham this year. The club will operate under the Lewis name, but the former owner will remain in retirement. The current hierarchy at Tottenham includes Joe’s daughter Vivienne, son Charles, and Vivienne’s husband Nick Beucher. Eric Hinson recently joined as a non-executive director and will collaborate with non-executive chairman Peter Charrington and chief executive Vinai Venkatesham.
Levy’s tenure as chairman of Tottenham ended in September after nearly 25 years. His exit marked a shift towards a more conventional organizational structure rather than one centered around a single individual.
In a departing statement, Levy expressed his pride in the club’s achievements and community, thanking fans for their support and pledging continued passion for the club.
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