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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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Obi’s Inspiring Christmas Message Of Hope For Women’s Football

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The Chairperson of the Nigeria Women Football League (NWFL), Nkechi Obi, has delivered an inspiring Christmas message, celebrating the board’s achievements in 2024 while expressing hope and determination for the future of women’s football in Nigeria.

Reflecting on the milestones of the past year, Obi extended heartfelt gratitude to players, coaches, fans, and stakeholders for their unwavering dedication to the league’s growth and success.

The experienced sports administrator described 2024 as a year of breaking barriers, strengthening structures, and laying the groundwork for even greater accomplishments.

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“As we celebrate Christmas and reflect on another remarkable year, I want to express my profound gratitude to everyone who has been part of the NWFL’s journey,” Obi said.

“To our players, your passion, talent, and resilience are the heart of this league, inspiring us to aim higher. To the coaches, officials, sponsors, and supporters, your commitment to advancing women’s football in Nigeria has been invaluable.”

Obi emphasized the values of love, unity, and hope that Christmas embodies, drawing parallels to the collaborative spirit driving the league forward. She encouraged stakeholders to celebrate the progress made and remain optimistic about the opportunities that lie ahead.

“The 2024/2025 season promises to be one of growth, excitement, and greater inclusivity,” she added.

“Together, we will continue to push boundaries and ensure women’s football reaches its full potential in Nigeria. I wish you all a joyful Christmas and a prosperous New Year. May the season bring peace, love, and renewed inspiration for us all.”

Her message not only celebrates the successes of the past year but also sets a tone of optimism and collaboration for 2025, reaffirming the NWFL board’s commitment to excellence and progress.

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Australian Tennis Champion, Max Purcell Faces Doping Suspension

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Australian doubles champion, Max Purcell has been provisionally suspended after admitting to a violation of anti-doping regulations, the International Tennis Integrity Agency (ITIA) announced on Monday.

The 26-year-old, ranked 12th in the world for doubles, confessed to using a “prohibited method” and voluntarily entered a provisional suspension beginning December 10.

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The ITIA confirmed the suspension took full effect on December 12, stating, “Time served under provisional suspension will be credited against any future sanction.”

As a result of the suspension, the 26-year-old is banned from competing in, coaching at, or attending any tennis events sanctioned by the sport’s governing bodies.

This suspension rules him out of January’s Australian Open, where he was expected to be a strong contender.

Purcell’s career highlights include winning the 2022 Wimbledon doubles title with fellow Australian Matt Ebden and this year’s US Open doubles crown alongside Jordan Thompson.

In a statement, Tennis Australia clarified that the violation concerned a prohibited method rather than a banned substance.

“The International Tennis Integrity Agency confirmed the breach relates to the use of a prohibited method, rather than the presence of a prohibited substance.

“As the matter is currently under investigation, it is inappropriate to comment further at this time,” it said.

The ITIA did not provide further details regarding the breach but noted that investigations are ongoing.

This case comes amid increased scrutiny over doping in tennis. Recent incidents include Polish world number two Iga Swiatek and Italian top-ranked player Jannik Sinner.

Swiatek received a one-month sanction earlier this year after testing positive for a banned heart medication, though the violation was deemed unintentional.

Meanwhile, Sinner was cleared after twice testing positive for traces of the steroid clostebol, though the World Anti-Doping Agency has appealed the decision.

Both Swiatek and Sinner are set to compete in the Australian Open, beginning January 12.

 

 

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CAF Awards: GTI Congratulates NFF, Lookman, Others

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Strategic partners to the Nigeria Football Federation (NFF), GTI Group has congratulated the football ruling body on the successful achievements of Nigerian footballers at the just concluded CAF Awards ceremony in Marrakech, Morocco where Super Eagles dare-devil striker Ademola Lookman was crowned the African Player of the Year.

Head of Media and Publicity, GTI, Andrew Ekejiuba, in a statement in Lagos, expressed great hope that the efforts of the NFF at restructuring and repositioning football development in the country has begun yielding the desired results.

Biztellers reports that CAF awards event also witnessed the back-to-back emergence of Super Falcons goaltender, Chiamaka Nnadozie as CAF Women’s Goalkeeper of the Year, while the Super Falcons carted home the Women’s National Team of the Year award.

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Ekejiuba reiterated that the Alh Ibrahim Gusau-led NFF is gradually returning the country to the glorious years when Nigeria dominated the award and was once ranked 5th best soccer-playing nation by the world football ruling body FIFA.

“The achievements of our Nigerian players at the just concluded CAF Award is a testament to the abundance of talents in the country and the clear vision of Alh Ibrahim Gusau-led NFF board to ensure that these players realise their ambition to become the best in the continent and beyond.

“Therefore, GTI congratulates the Awardees for bringing honour to Nigeria,” he said.

“As strategic partners to the Nigeria Premier Football League, GTI’s relentless effort with the NPFL Board has helped to lay a solid foundation for a prosperous elite league that will eventually attract the best legs locally and internationally. Also, by focusing on transparency, infrastructural development and security, GTI and NPFL are creating a sustainable environment where football can thrive”.

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