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Trump Pardons British Billionaire Joe Lewis Over Insider-Trading Conviction

The clemency leaves Tottenham operations unchanged under the Lewis Family Trust.

Overview

  • The pardon was confirmed Thursday, with Lewis saying the case is behind him as he continues his retirement.
  • Lewis pleaded guilty in New York in 2024, received a $5 million personal fine and three years of probation, and prosecutors detailed tipping of pilots, friends, assistants and romantic partners between 2019 and 2021.
  • Judge Jessica Clarke also imposed a $44 million penalty on Lewis’s company Broad Bay alongside his probation and personal fine.
  • Reports stress no return to club affairs, as Tottenham remains controlled by the Lewis Family Trust with Vivienne and Charles Lewis and Nick Beucher overseeing governance alongside non-executive leaders Peter Charrington and Eric Hinson and chief executive Vinai Venkatesham.
  • The clemency aligns with a pattern of Trump pardons for wealthy figures convicted of financial crimes, including Changpeng Zhao and Trevor Milton, and does not reverse court-ordered financial penalties.