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Joe Lewis, the billionaire owner of Tottenham Hotspur, has been indicted in the US on charges of insider trading. Lewis has been accused of “abusing his access to corporate boardrooms” to provide information to lovers, friends and even his private pilots. Lewis has denied the charges. In a statement, his lawyers said they would “vigorously fight” to clear his name. Who is Joe Lewis and how did he make his money? Lewis made his fortune primarily in foreign exchange and investment. He is ranked 39th among the UK’s wealthiest people, according to the Sunday Times Rich List, with a net worth of £5bn. Born in the East End of London in 1937, Lewis left school at 15 to work for his father’s catering company. He took over and rapidly expanded the business into a series of themed restaurants aimed at tourists, before selling in 1979, giving him more money to invest in his new venture, currency trading. Lewis gave Robert Earl, who later founded Hard Rock and Planet Hollywood, his first job. He was ferociously successful at working the currency markets during the 1980s and 1990s, notably betting that Britain would be forced to exit the European Monetary System, which it did in September 1992 amid the ‘Black Wednesday’ financial crisis. He earned the nickname The Boxer, a reference both to his power in the investment ring and his legendary almost namesake, Joe Louis. But he endured bruising defeats too, and lost $1bn – then a third of his fortune – in a single day when the American bank Bear Stearns collapsed at the start of the 2008 financial crisis. His $1.2bn stake was reduced to $22m in a matter of hours. Lewis owns the Tavistock Group, first set up in 1975 and now one of the most renowned and powerful private equity organisations in the world. He founded the business in the Bahamas to escape UK tax laws. Along with his Bahamian mansion, Lewis owns a ranch in Argentina (which has caused conflict with local residents), multiple homes in Florida and more property across the world. The 86-year-old is married to his long-term secretary Jane, and has two children by his first wife, Esther Browne. His son Charles lives in Argentina and is largely disconnected from the family business, but his daughter Vivienne is heavily involved. She serves on Tavistock’s board of directors and is president of the prestigious Isleworth Golf and Country Club in Florida, which Lewis owns. He has a waterfront mansion on the 600-acre Isleworth property, which is surrounded by heavy security. Lewis almost never makes public statements or conducts media interviews. Lewis loves golf, and counts Tiger Woods not only as a close friend and neighbour but also a business partner. Together they embarked on a 600-acre luxury resort called Albany on New Providence Island in the Bahamas, alongside fellow golfer Ernie Els and the singer Justin Timberlake. Albany features a mega-yacht marina, lavish villas and a championship golf course which hosts Tiger Woods’ invitational tournament, the Hero World Challenge. What has Lewis spent his fortune on? Lewis has a diverse portfolio of investments all over the world, including luxury resorts in the Americas, property in Bulgaria and even an Australian agriculture company. The development arm of Tavistock is building a 17 square-mile community at Lake Nona near Orlando, Florida, where Disney is to move its headquarters. He owns a superyacht called Aviva, which is 98m long and took three years to build. It’s most striking feature is an indoor paddle tennis court, Lewis’s daily activity, at the heart of the boat. His wardrobe is particularly decadent, described by designer Andrew Langton as “bigger than my house in France”. Lewis owns one of the most expensive private art collections in the world, including original works by Picasso and Matisse, many of which are aboard Aviva. Through Tavistock, via the ENIC Group, Lewis also owns Tottenham Hotspur. He bought 29.9% of Tottenham in 1991, and increased his stake to a majority holding in February 2001, buying out most of Lord Sugar’s shares. Despite appearing to have little interest in football, rarely showing up at Tottenham’s training ground or matches, Lewis has invested in a number of clubs including Rangers – supposedly encouraged by his former neighbour in the Bahamas, Sean Connery – and Slavia Prague. After 21 years in charge of Tottenham, Lewis is the Premier League’s longest-serving owner. The club have since moved into a world-leading stadium and reached the Champions League final in 2019, but they have won only one trophy during Lewis’s ownership and his man in charge – Spurs chairman Daniel Levy – is under increasing pressure to deliver results on the pitch. The charges brought against Lewis could disqualify him from owning Spurs under Premier League rules, should he be found guilty. What has he been charged with? Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers... It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” A Tottenham club spokesperson said: “This is a legal matter unconnected with the club and as such we have no comment.” Read More Billionaire and Tottenham Hotspur owner Joe Lewis indicted in US for ‘brazen insider trading’

Bayern Munich’s president has confirmed that the club is aware of “initial talks” around a reported move for forward Sadio Mané from the German champion to Saudi Arabian club Al-Nassr

There’s a new feud that UFC fans will be well aware of over recent weeks and it’s between MMA fighter Sean Strickland and UFC star turned TIkToker Keith Lee. Lee has had one of the most surprising career progressions over recent times, going from a fighter under the name Keith ‘Killa’ Lee to a viral food critic appraising food on TikTok. He's been in the limelight again recently after Strickland shared a story about an altercation he had with Lee in the gym. When the pair met, Stickland claimed that Lee tried to debate him on race relations. He also stated that Lee had called him a racist. Sign up to our free Indy100 weekly newsletter Recounting the incident, Strickland told MMA Mania: “He comes up to me and tried to talk to me about race, he tried to have this racial systematic oppression s***…I don’t disagree, but I’m not trying to have this debate in the gym, I’m trying to spar.” He went on to say: “So he comes up to me and starts accusing me of being f***ing racist and I’m like what are we f***ing doing here dude like if I was racist, I’m the most honest motherf***er there.” The MMA fighter then said that Lee said he ‘doesn’t like white people’ after he began outlandish comments. “Anytime you’re talking to somebody racist, and I know this because I used to be a little racist, anytime you’re talking to somebody racist and you want to p*** them off, you’ve just got to talk about… the sex, the race of whatever they are.” He added: “So I’m like yo Lee, I’m not racist, I f*** more Black women than you have bro how am I a racist and I said that just to p*** him off. I said that just to make him mad and I’m like ‘bro just relax, I know you got a little white woman at home, chill the f*** out’ and I’m just kind of poking him but I’m doing it funny and he goes ‘nah f*** that, I don’t like white people!’ Lee responded by posting a TikTok video of himself denying the accusations. “I received a week straight of false allegations, negative comments, and negative backlash for something that I didn’t do,” he said in the clip. “Yes, me and Sean had a conversation. No, the conversation didn’t go how he depicted it. Sean Strickland is an MMA fighter known for saying divisive things. I walked up to him and two people who I consider friends already having a conversation after practice. I joined the conversation and the conversation happened to already be on race. “Never at any point did I say I didn’t like anybody, I simply disagreed with what he said and instead of fighting ignorance with ignorance, I said no, I’m happily married with children and I’m very proud of the family that God has allowed me to build and I immediately disagreed with all the ignorant and distasteful comments that he made and I was no longer interested in entertaining the conversation. “I don’t have any bad feelings or wish anything ill against Sean Strickland, I just want this cleared up.” Strickland has made a string of controversial comments in the past, recently making misogynistic remarks at a press conference where he said “we need to take women out of the workforce” and “put them back in the kitchen”. “We let women vote, no offence. Think about America prior to women voting,” he said during a bizarre press conference last month. “They tried to ban alcohol, I don't even drink but I'm not trying to ban alcohol. So, what you did, man, you let these women come into the workforce, now we make less money, you got kids raising themselves on TikTok, we need to go back to like 1942, maybe 1958 after we f****d up the Germans.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

Watch as England hold a press conference ahead of their Women’s World Cup match against Denmark. Sarina Wiegman’s team play their second group game on Friday 28 July and ahead of the fixture, forward Lauren Hemp discussed how the Lionesses have moved on from their Euro 2022 triumph. The Man City star, who started every game during that historic run last summer, said the squad are determined to refocus attention on their World Cup campaign. “As a team, yes that happened last summer, what a fantastic summer it was, but obviously it’s a new summer now, new challenges,” Hemp said. “You’ve seen in games in this tournament that anything can happen, but we’re ready for each one. “It’s exciting to be a part of but obviously it’s a massive tournament where anything can happen, so as a team we’re just focusing on each game as it comes.” England won their opening World Cup fixture against Haiti 1-0. Read More Seamer James Anderson still hungry to play Test cricket for England Team GB chief in confident mood ahead of ‘most inspirational’ Paris Olympics Wickets tumble at Warwickshire on dramatic first day against Middlesex

Wrexham co-owner Rob McElhenney met with Manchester United manager Erik ten Hag ahead of their pre-season friendly in in San Diego, California, on Tuesday. The pair were seen having a conversation and laughing before McElhenney shook Ten Hag’s hand and wished him good luck for the match. It was his Wrexham side that were victorious, beating their Premier League opposition 3-1 thanks to goals from Elliot Lee, Aaron Hayden and Sam Dalby. The Welsh side will play in League Two next season, after a 15-year EFL absence.

Tesla Inc. vehicles are barred from parts of a major Chinese city as it prepares for a visit

The United States and the Netherlands meet again on the Women’s World Cup stage with smaller stakes than the 2019 title game won by the Americans

Paris is on track to host millions of visitors and successfully stage 32 sporting events next year when the 2024 Olympics open on July 26

Abdullah Shafique’s century helped Pakistan take control of the second test against Sri Lanka after reaching 273 for three at lunch to take a 107-run lead on the third day

Chelsea and Arsenal were the leading producers of Premier League players in the 2022-23 season, research by the PA news agency has found. The two clubs’ academy products each racked up just over 21,000 minutes of playing time but remarkably were separated by just 37 seconds, with Chelsea edging top spot. Here, the PA news agency looks at the main stories to come out of the data. Small margins On August 6, 2022, Chelsea sent on Conor Gallagher to replace Jorginho in the ninth added minute of their season-opening 1-0 win over Everton. It may have been a mere game management move by then-manager Thomas Tuchel but Gallagher’s two-and-a-half-minute appearance – Chelsea’s shortest all season – ended up deciding top spot in the academy study. PA’s data includes minutes and seconds played by each player in every match, including stoppage time, and the total of 21,031 minutes and 44 seconds for Chelsea graduates put them fractionally ahead of their Arsenal counterparts’ 21,031 minutes, seven seconds. The other headline news is that Manchester United – leaders in every previous edition of the academy study, most recently after the 2018-19 season – drop to fourth place and have been overtaken by rivals Manchester City, whose total of almost 19,458 minutes is over 1,500 behind the leading pair. United graduates managed just under 18,533 minutes and they gave playing time to five products of their own academy – Marcus Rashford, Scott McTominay, Alejandro Garnacho, Anthony Elanga and Kobbie Mainoo. Relegated Southampton completed the top five with almost 16,570 minutes. What they said Former AFC Wimbledon manager Mark Robinson is now Chelsea’s development squad head coach. He recently told The Athletic: “If the (youth-team) trophies come, that’s great. But it’s more about ‘who is the next one we can produce for the first team?’. “It’s also given the other lads an incentive — the ones who have trained with the first team but haven’t played yet, plus the ones who haven’t had the opportunity. It drives them on, thinking ‘am I going to be next?’.” Arsenal’s habit of handing key roles to their recent players, with manager Mikel Arteta working alongside technical director Edu, extends to the youth set-up with Per Mertesacker and Jack Wilshere as academy manager and under-18 coach respectively. Bukayo Saka, Emile Smith Rowe and Eddie Nketiah lead the homegrown contingent in the first team and Mertesacker told the club’s website: “It feels really positive. It sends a message that we need to be developing strong, young individuals who can cope with pressure. I like that, setting standards at the highest level. “We have always been at the forefront of giving young players a chance. This is something that has been part of Arsenal DNA forever. “You have to look at a 10-year cycle in the academy. I’m looking at the next three years thinking ‘this is when the real work starts’.” Global giants It is not just Premier League clubs represented in the study, with many players’ English Football League beginnings and the top flight’s global reach also captured. In fact Dutch club Ajax rank sixth, just ahead of domestic heavyweights Liverpool and Tottenham. Sven Botman, Kenny Tete, Pascal Struijk, Joel Veltman and Christian Eriksen each played over 2,000 minutes as Donny van de Beek and Jairo Riedewald rounded out a group of seven Ajax graduates. Benfica were 10th behind Nottingham Forest and produced as many players in Manchester City’s treble-winning squad – four – as City’s own academy. Fellow Portuguese side Sporting Lisbon are 11th with Anderlecht, Genk, Nice and St Etienne also in the top 20. Sheffield United were the top EFL side in 17th as they secured their return to the Premier League, while League One Charlton were 20th. Far and wide There were 277 academies represented in the study, with playing time ranging from Chelsea and Arsenal’s totals all the way down to Lagans AIK’s three minutes and 22 seconds in a solitary appearance for Newcastle full-back Emil Krafth. Lagan were one of 190 academies represented by just a single player each, Blackburn ranking highest among them thanks to David Raya’s 3,765 minutes for Brentford. The Bees themselves produced only Bournemouth defender Chris Mepham, whose 2,408 minutes placed them 132nd in the rankings and last among the 20 top-flight clubs. Only seven clubs hit double figures for players – Chelsea in front again with 16, one more than Manchester United. City produced 14, Arsenal and Southampton 13 apiece, Liverpool 11 and Tottenham 10. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live West Ham ‘confident’ over Conor Gallagher despite rejected bid On this day in 2021: Adam Peaty makes history with defence of Olympic title Wrexham striker Paul Mullin injured in win over young Manchester United team

Hikaru Naomoto and Aoba Fujino scored two minutes apart in the first half to give Japan a 2-0 victory over Costa Rica on Wednesday at the Women’s World Cup

Richard Masters, chief executive of the Premier League, sees no letup in the number of bids for teams