The Football Association (FA) concluded an investigation into former Tottenham Hotspur owner Joe Lewis regarding allegations of betting on football matches. The inquiry, which began in 2022, stemmed from claims that Lewis, now 88, violated FA rules prohibiting players and officials from engaging in football-related wagers. Ultimately, the FA determined that no further action was necessary.
Lewis, who has held a controlling interest in Tottenham through his company ENIC since 2001, transferred his shares to the Lewis Family Trust in October 2022. This move effectively removed him from the club’s official operations and FA jurisdiction. The timing of the investigation’s closure relative to the share transfer remains unclear.
In the same period, Lewis faced serious legal challenges in the United States. He was charged with insider trading for allegedly providing confidential share information to friends and associates. In 2024, he admitted the charges and received probation along with a fine of £4 million. Notably, he was pardoned by former US President Donald Trump earlier this month.
The FA, Premier League, and Tottenham declined to comment when approached by Bloomberg regarding the investigation and its findings. A representative for Lewis and his company Tavistock also refrained from commenting. Reports indicate that the Premier League advised individuals suggested by the Lewis Family Trust against applying for board positions at Tottenham due to their close ties with Lewis.
Leadership changes at Tottenham have occurred recently, including the departure of long-time chief executive Daniel Levy in September. Peter Charrington, a financier and Lewis associate, has since taken over as chairman. The Lewis family has increased its involvement in the club, with Vivienne and Charles Lewis taking on prominent roles within the organization. Additionally, Nick Beucher, the husband of Vivienne’s daughter, has also joined the club’s hierarchy.
Despite recent takeover interest from various firms, the Lewis family has reiterated that Tottenham is not for sale. In October, they announced a substantial £100 million cash injection aimed at achieving long-term sporting success. The club stated, “This equity injection will further strengthen the club’s financial position and equip the club’s leadership team with additional resources to continue the focus on driving long-term sporting success.”
With the departure of Levy, CEO Vinai Venkatesham has assumed responsibility for the club’s daily operations, navigating a complex landscape of sports, finance, and governance as Tottenham seeks to solidify its future.
