So there are only a few good owners in the entire football league?
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Management ENIC
- Thread starter The Fighting Cock
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So there are only a few good owners in the entire football league?
Why would you do that? Because it sounds good? I don't know his familiarity with the American system but his take on its face it seems dismissive...and naive.
Typically, those fines are on a per count basis...JL is up for 19 counts. Sure, he's worth 6+ billion but how are those endeavors going to fare when this news hit? He clearly understood the collateral financial jeopardy when finagling his interest in Spurs.
I just wonder how long JL and DL have known about this and how that has it informed our apparent short-termism.
I thought she was a brass?
Under Premier League ownership rules, a person is disqualified from owning or acting as a director at a club if “they have a conviction (which is not a Spent Conviction) imposed by a court of the United Kingdom or a competent court of foreign jurisdiction”.
inews.co.uk
Joe Lewis no longer owns Tottenham, and club will be unaffected by indictment
The British billionaire is due to appear in court after being charged with 16 counts of securities fraud and three counts of conspiracy
inews.co.uk
Who taught her everything he knows.
Probably.
Ah the mafia don is dead and his son has taken over. Well, I'm sure he'll be different.
Get these people out of our club.
...is that cos he knew what was coming.. .?
Good job that Lewis doesn't own Spurs then.Under Premier League ownership rules, a person is disqualified from owning or acting as a director at a club if “they have a conviction (which is not a Spent Conviction) imposed by a court of the United Kingdom or a competent court of foreign jurisdiction”.
Joe Lewis no longer owns Tottenham, and club will be unaffected by indictment
The British billionaire is due to appear in court after being charged with 16 counts of securities fraud and three counts of conspiracy
A lot of insider trading is personal . This is passing on stolen information to friends , employees, they have 19 counts so far . You think they’ll stop there? These 19 are probably enough to convict him or they wouldn’t have been so public & it’s not like this is a political case. It’s pure greed. They will continue with investigations
Who does then?
Insider trading I get.
Can they prosecute people for acting on information received from insider trading ?
Or is it a case of just interviewing these people to build a case ?
Yes
Nope, acting on insider info is also a serious criminal offence.
Im not disputing they will investigate, the only people that will be implicated and have any kind of issue with this are those that were involved.
No one is knocking down spurs players doors looking for evidence of insider trading.
He no longer has anything to do with the club, in truth he never really had, we were just another investment among hundreds, we just happened to have the highest profile...
No, it's because he's in his mid-eighties
Eh ??
Enic, which is a limited company, of which THFC are a subsidiary.
Lewis signed over all rights and control to his daughter and it's administered by lawyers.
Billionaire owner Joe Lewis ceases ‘significant control’ of Tottenham
Billionaire Joe Lewis has ceased to be “a person with significant control” of Tottenham Hotspur following what the club has described as a "reorganisation of the Lewis Family Trusts", which hold the shares in Spurs.
www.standard.co.uk
Ah so the Wikipedia article that I posted must be wrong then.Eh ??
Enic, which is a limited company, of which THFC are a subsidiary.
Lewis signed over all rights and control to his daughter and it's administered by lawyers.
Billionaire owner Joe Lewis ceases ‘significant control’ of Tottenham
Billionaire Joe Lewis has ceased to be “a person with significant control” of Tottenham Hotspur following what the club has described as a "reorganisation of the Lewis Family Trusts", which hold the shares in Spurs.
You’d be compliant , unfortunately for many they will be investigated, of course I hope not but everything Lewis has done regarding finance will be scrutinized, that could include Kanes trip to two of his homes , the 150m loan to the club , buying property cheaply.
They will be very thorough
I believe they’d have to prove the person knew he was using inside info.
If Lewis just says, “ABC stock has been really reliable for me, you should buy some”, that’s just basic financial advise to the investor.