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Scandalous: Premier League Tycoon Indicted For Insider Trading

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British billionaire and owner of Premier League club Tottenham, Joe Lewis, has been charged by the Office of the Southern District of New York for orchestrating an audacious insider trading scheme.

 

The indictment was unveiled on Tuesday by U.S. attorney Darmian Williams in Manhattan.

 

The allegations against Mr. Lewis claim that he exploited his privileged access to corporate boardrooms over several years to provide insider trading information to his romantic partners, personal assistants, private pilots, and friends.

 

In exchange, these beneficiaries used the confidential information to engage in stock market trading, allegedly making millions of dollars in illegal profits due to the advantage provided by the information received from the 86-year-old businessman.

 

According to the indictment, Mr. Williams characterized the actions of Joe Lewis as “needless classic corruption and cheating acts.”

 

The wealthy businessman purportedly used these illicit gains to compensate his employees and lavish gifts on friends and lovers, which is considered unlawful.

 

Forbes estimates Joe Lewis’s net worth to be around £4.65 billion. Besides being the owner of Tottenham, he holds the Tavistock Group, which maintains ownership of various assets across 13 countries and operates UK pub chain Mitchells & Butlers.

 

David Zornow, the lawyer representing Mr. Lewis, responded to the charges leveled against his client, stating that the U.S. government had made a severe mistake in judgment by charging the 86-year-old billionaire.

 

He asserted that Mr. Lewis is a person of impeccable integrity and has achieved remarkable accomplishments throughout his life.

 

According to Zornow, his client willingly came to the United States to address what he considers to be ill-conceived charges.

 

He made it clear that they would vigorously defend against the allegations in court.

 

On the other hand, the spokesperson for Tottenham, the Premier League club owned by Mr. Lewis, distanced the football club from the legal matter.

 

The spokesperson emphasized that the indictment was unrelated to the operations of the club and, as a result, Tottenham had no comment to make on the ongoing legal proceedings.

 

He said “the indictment was a legal matter unconnected with the club, and as such, we have no comment.”

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Saturday Showdowns: Top Teams Collide In EPL, La Liga, Serie A, And More

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Football fans are in for an exhilarating weekend as club action resumes across Europe.

With major leagues in full swing, Saturday promises a lineup of high-stakes matches that could shape the course of the season.

From England to Spain, Germany to Italy, and France, top clubs are set to battle for crucial points in their respective leagues.

Premier League Showdowns

In the Premier League, all eyes will be on London as West Ham United hosts Chelsea in an early kickoff at 12:30. Both teams are desperate for points as they seek to improve their standings in the competitive top-flight.

At 15:00, a flurry of matches will take place across England.

In the Midlands, Aston Villa takes on Wolves in a heated derby, while Fulham hosts a high-flying Newcastle United.

Leicester City will clash with Everton as both teams look to climb the table, and Liverpool faces Bournemouth at Anfield, where the Reds will hope to bounce back from a shock defeat to Nottingham Forest.

Southampton meets Ipswich Town in what could be a tightly contested game, and Tottenham Hotspur faces Brentford, with Spurs continuing their push under new management.

Rounding out the Premier League action, Crystal Palace will face Manchester United at 17:30, as both teams look to secure a much-needed victory to stabilize their seasons.

La Liga Battles

Spain’s La Liga promises an action-packed day, starting at 13:00 when Real Valladolid hosts Real Sociedad. At 15:15, Osasuna will take on Las Palmas, followed by Valencia versus Girona at 17:30.

The day’s headline fixture kicks off at 20:00, with Real Madrid hosting Espanyol at the Santiago Bernabéu as the Spanish giants aim to further assert their dominance in the league.

Bundesliga Clashes

In Germany, Bundesliga action kicks off at 14:30 with four matches taking place simultaneously.

Bochum faces Holstein Kiel, while FC Heidenheim squares off against Freiburg.

Union Berlin takes on Hoffenheim, and Werder Bremen will meet Bayern Munich, with the defending champions looking to continue their strong form. Later, at 17:30, Eintracht Frankfurt will go head-to-head with Borussia Mönchengladbach in the evening’s highlight game.

Serie A Action

Over in Italy, Serie A will see Venezia host Genoa at 14:00, followed by a major clash between Juventus and Napoli at 17:00. With both teams battling for crucial points in the title race, this match could prove decisive. The day wraps up with Lecce facing Parma at 19:45.

Ligue 1 Highlights

In France’s Ligue 1, Lille will kick off the day at 16:00 against Strasbourg. Rennes will meet Lens at 18:00, and the evening’s marquee fixture will see Paris Saint-Germain travel to Reims at 20:00. The defending champions are aiming to extend their strong form as they push for another league title.

With top clubs across Europe in action, this Saturday promises to deliver a thrilling day of football for fans worldwide.

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Ayomidiran Foundation Names Sports Icons As Ambassadors For “Girls Play Sports” Initiative

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The Ayomidiran Foundation, under the leadership of Hon Ayo Omidiran, has appointed four prominent women as ambassadors for its “Girls Play Sports” initiative, aimed at inspiring young girls to excel in sports.

The initiative has brought together Ayisat Yusuf, a former Super Falcons player and current sponsor of Ayisat Yusuf Football Club; Mary Onyali, a celebrated silver-winning Olympic sprinter; Onome Ebi, who represented Nigeria in five FIFA Women’s World Cups and captained the Super Falcons in several international competitions; and Olufunke Oshonaike, a six-time Olympic table tennis player who has won numerous medals for Nigeria.

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On the rationale for their appointment, Hon Omidiran asserted that ‘these accomplished athletes, known for their dedication and excellence, are role models for girls across Nigeria’.

The grand finale of the inaugural Girls Play Sports football tournament will take place in Abuja on September 29, 2024, where the ambassadors will participate in celebrating female athletic achievements and encouraging more girls to embrace sports.

The foundation also plans to expand the initiative to include sports like table tennis, basketball, and athletics in the future.

“We are honoured to have these sports legends on board,” said Hon Omidiran.

“Their success and passion for sports will inspire a new generation of female athletes, promoting empowerment through sports,” he added.

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Arsenal’s Ødegaard Set For Prolonged Absence Due To Ankle Injury

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Arsenal captain Martin Ødegaard will be sidelined for an extended period due to an ankle injury he sustained during international duty with Norway.

Arsenal manager Mikel Arteta announced this on Wednesday.

Ødegaard twisted his ankle in Norway’s Nations League match against Austria earlier this month.

The national team doctor initially estimated that Ødegaard would be out for at least three weeks.

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However, recent scans have revealed ligament damage, leading Arteta to acknowledge the injury’s seriousness.

Arteta said, “The scans showed some damage, especially to one of the ligaments in the ankle. While I can’t provide an exact timeframe, it is significant, and we’ll miss him for a while. We’re hopeful it won’t be for months, but we’ll see.”

Arsenal, who were Premier League runners-up last season, will face Manchester City, the reigning champions, on Sunday.

The Gunners are currently second in the Premier League after a 1-0 win over Tottenham, trailing City by two points.

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