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Kirsty Gallacher says judge has 'no empathy' after being banned from driving for speeding
Kirsty Gallacher says judge has 'no empathy' after driving ban
Kirsty Gallacher says judge has 'no empathy' after being banned from driving for speeding
Kirsty Gallacher says judge has 'no empathy' after driving ban
The British billionaire was fined five million US dollars (£3.8 million) after he pleaded guilty last year to insider trading.
Joe Lewis (left) has been pardoned by Us President Donald Trump (Nick Potts/PA)
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Former Tottenham Hotspur owner Joe Lewis has been pardoned by US President Donald Trump, after he was fined millions last year over insider trading.
The British billionaire, who handed ownership of the club to the Lewis Family Trust in 2022, was fined five million US dollars (£3.8 million) after he pleaded guilty in January 2024 to charges alleging he had committed securities fraud and conspired to commit securities fraud by insider trading.
A White House official confirmed the pardon and said Lewis, 88, requested it so that he could receive medical treatment and visit his grandchildren and great-grandchildren in the US, the Associated Press (AP) reported.
Tottenham Hotspur owner Daniel Levy and Joe Lewis in the stands (Mike Egerton/PA)
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He had initially denied the charges of securities fraud and conspiracy with which he was faced.
According to prosecutors, he passed secrets to romantic partners, personal assistants and friends.
The information allowed them to bet on companies in which he had invested, using information only those with access to the business could have known.
The Lewis family took full operational control of Tottenham this year, after former chairman Daniel Levy stepped down.
Lewis will not be returning to the club, which will continue to be run by the next generation of the Lewis family.
Lewis said: “I am pleased all of this is now behind me, and I can enjoy retirement and watch as my family and extended family continue to build our businesses based on the quality and pursuit of excellence that has become our trademark.”
A source close to the family added: “Joe and the Lewis family are extremely grateful for this pardon and would like to thank President Trump for taking this action.
“Over his long business career, Joe has been a visionary, creating businesses across the world which multiple generations of his family are now taking forward.
“This is why there is so much more to the Joe Lewis story than this one event.”
Lewis built his wealth through the investment company Tavistock Group, and bought a controlling stake in Tottenham Hotspur in 2001.
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In 2022 he ceded control of the club and formally handed his stake to a family trust and has no day-to-day involvement with the club.
Spurs is now run by Joe Lewis’s daughter Vivienne, his son Charles, and Vivienne’s husband Nick Beucher, as well as non-executive chairman Peter Charrington and chief executive Vinai Venkatesham.
Mr Levy stepped down as chairman of the club in September after nearly 25 years.
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Kirsty Gallacher says judge has 'no empathy' after being banned from driving for speeding
Kirsty Gallacher says judge has 'no empathy' after driving ban
Kirsty Gallacher says judge has 'no empathy' after being banned from driving for speeding
Kirsty Gallacher says judge has 'no empathy' after driving ban
Kirsty Gallacher says judge has 'no empathy' after being banned from driving for speeding
Kirsty Gallacher says judge has 'no empathy' after driving ban
Lewis family ‘extremely grateful’ for intervention of US president but there will be no change at Spurs
Joe Lewis last year pleaded guilty to insider trading in America
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Joe Lewis will not make a return to Tottenham after he receives a pardon from US President Donald Trump.
The 88-year-old was fined £4million last year but avoided prison after pleading guilty to insider trading.
Trump has made regular use of presidential pardons since returning to office in January and Lewis will be among the latest to benefit.
But there will be no change as a result at Spurs.
Lewis' children Vivienne (pictured) Charles are the key figures at Spurs along with Nick Beucher, Vivienne's son-in-law
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Lewis passed ownership of the club to the Lewis Family Trust in 2022 and has not been involved since then.
A source close to the Lewis family said: “Joe and the Lewis family are extremely grateful for this pardon and would like to thank President Trump for taking this action.
"Over his long business career, Joe has been a visionary, creating businesses across the world which multiple generations of his family are now taking forward. There is so much more to the Joe Lewis story than this one event.”
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However, it is understood that this will not spark any change in how Spurs are run, with Lewis intending to remain retired even after his pardon.
The next generation of his family are now the controlling force at Spurs after taking an increasingly active role earlier this year.
Lewis' children Vivienne and Charles have been in attendance at matches this season and along with Nick Beucher, Vivienne's son-in-law, are the key figures at the helm.
The younger members of the family drove the decision to remove Daniel Levy in September and have overseen the implementation of a new boardroom structure at the club, led by chief executive Vinai Venkatesham.
Peter Charrington and Eric Hinson have been brought in as non-executive chairman and a non-executive director respectively.
There has been an emphasis on trying to deliver more regular success to Spurs and the club's majority owners injected £100m of new capital last month.
A source close to the family told Standard Sport at the time that this was "initial additional funding" and more money would be made available "as the club's management decides what's needed to deliver success".
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The former Spurs captain, who last season guided the club to their first major trophy in 17 years, joined Major League Soccer side LAFC over the summer.
Son has hit the ground running in Los Angeles, scoring 10 goals and adding three assists in 12 games to date.
The league season concludes in December with the MLS Cup, which Son's LAFC remain in contention to win, before the 2026 campaign begins in February.
That break would allow Son to return to Spurs on loan in January to maintain his fitness, which the likes of Thierry Henry and David Beckham did during their spells in north America.
But Son is not interested in a loan move away from LA, not in January "or ever", and does not wish to disrespect his current club with transfer talk.
He told TV Chosun: "I've never spoken to any club about a winter move. Such talk is simply untrue. For me, showing respect to my club and giving everything where I play — that's what matters most. That won't change.
"I won't leave LAFC this winter, or ever, while I'm here. I respect this club deeply. As long as I'm wearing this badge, there will be no such thing as a loan or a move. Never.
"I know fans get confused when rumours fly, but those stories aren't true. And honestly, it might be disrespectful to my team to even talk that way. I love this club, and I have huge respect for everyone here."