Former owner of Tottenham Hotspur, Joe Lewis, is poised to receive an official pardon from United States President Donald Trump. Lewis, who transferred ownership of Spurs to the Lewis Family Trust in 2022, was fined £4million following a guilty plea for insider trading, with indications that he will not return to the north London club.
In 2024, Lewis was spared jail time by a US judge after appeals for leniency based on his advanced age and admission of guilt in January. Since taking office after Joe Biden, President Trump has granted several pardons, with Lewis expected to be the latest recipient, as reported by The Telegraph.
A presidential pardon in the US is an act that legally excuses a federal offense, halting further penalties and restoring civil rights. While the crimes could carry up to a two-year prison sentence as per federal guidelines, Lewis will not serve time behind bars.
The official pardon for Lewis is scheduled to be announced by the White House today. The British billionaire expressed relief, stating, “I am pleased to put this chapter behind me and look forward to enjoying retirement while witnessing my family and extended family continue our businesses built on quality and the pursuit of excellence.”
The Lewis family assumed full control of Tottenham following Daniel Levy’s departure this year. The club will continue operating under the Lewis name, but the former owner will remain in retirement.
The new Tottenham hierarchy comprises Joe’s daughter Vivienne, son Charles, and Vivienne’s husband Nick Beucher. Eric Hinson recently joined as a non-executive director, working alongside non-executive chairman Peter Charrington and chief executive Vinai Venkatesham.
Levy’s tenure as chairman ended after nearly 25 years in September, leading to a shift towards a more traditional organizational structure rather than one centered around a single individual. In his farewell statement, Levy expressed pride in the club’s accomplishments and thanked the fans for their support.
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