Tottenham owner Joe Lewis seemingly charged with “insider trading” in New York

The Spurs owner has been accused of sharing company's private information to his close circle as a gift to them.

Tottenham owner Joe Lewis seemingly charged with “insider trading” in New York

Joe Lewis (Image Credit: Sky Sports)

Tottenham Hotspur owner, 86-year-old Joe Lewis, has been charged with insider trading. Allegedly, he gave inside information to his friends and romantic partners. The reason for this could be a kind of gift to them, as Joe Lewis is a wealthy man and did not need to do this for himself.

Lewis is said to have given information to his private pilots, whom he loaned $1 million to, so that they could invest in a company. He was a part of the boardroom in this company known as Mirati. The pilots texted each other, claiming that the boss had information from the inside. Otherwise, he wouldn’t let them invest in the company. They repaid the sum given to them after the investment gave them decent returns.

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An attorney in New York charged Joe Lewis with corporate corruption. He might have to fight the case in court. Tottenham commented on the matter, saying, “This is a legal matter unconnected with the club and as such we have no comment.” It surely captured the attention of the fans.

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The billionaire is said to have a net worth of $6 billion with his main company being Tavistock. It is a holding company which has 200 businesses in over 13 countries. No comment has been provided by him as of now.

Related: Tottenham boss tears apart German reporter when asked about Harry Kane’s possible move to Bayern Munich

Tottenham could replace Harry Kane with Randal Kolo Muani

Randal Kolo Muani and Harry Kane
Randal Kolo Muani and Harry Kane (Credit: Twitter)

Tottenham Hotspur striker Harry Kane could soon be on his way to joining Bayern Munich this summer. The forward has one year remaining in his contract and has no intention to sign a new contract. As the London club will not sell to a Premier League rival, the Bavarian club has emerged as the strongest contender.

Spurs would now need to look at a replacement for the player, who has been outstanding over the years, despite his team’s inconsistency. One of the names in the list is Randal Kolo Muani. The Eintracht Frankfurt striker was impressive in last year’s World Cup and has decent scoring stats.

He scored 23 goals and gave 17 assists last season reaching an impressive 40 goal contributions. This has led to him being on the radar of many big clubs. If Tottenham wants to bring him this summer, they must act quickly. Clubs like Manchester United, Real Madrid, and Juventus have also shown interest in the player.

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