Report explains why Joe Lewis has been removed from documents at Spurs
Football.London have now revealed that Tottenham Hotspur’s decision to file changes to its register of ‘persons with significant control’ will not have any impact on the club’s ownership model or its day-to-day running. It emerged on Sunday that the club had filed documents with Companies House to no longer show Tottenham’s major owner Joe Lewis […]
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Football.London have now revealed that Tottenham Hotspur’s decision to file changes to its register of ‘persons with significant control’ will not have any impact on the club’s ownership model or its day-to-day running.
It emerged on Sunday that the club had filed documents with Companies House to no longer show Tottenham’s major owner Joe Lewis as a ‘person with significant control’ (Yahoo News).
Instead, two other names, Bryan Antoine Glinton and Katie Louise Booth, had been appointed, with both being given an address in the Bahamas.
The notice specified that someone has the right to exercise significant influence or control over the activities of the trust, and the trustees of that trust, hold, directly or indirectly, more than 50% but less than 75% of the shares in the company.
When Football.London contacted Tottenham regarding the change, the club explained that it was merely about the reorganisation of the Lewis Family Trusts.
A Spurs spokesperson is quoted as saying: “Tottenham Hotspur Limited has filed changes to its register of persons with significant control (PSCs) following a reorganisation of the Lewis Family Trusts. The new PSCs of the Company are the officers of the family’s discretionary trust.”
Football.London add that the move is simply a trust restructure and that Tottenham will continue to be owned by Lewis and the family trust, and run by chairman Daniel Levy.
Spurs Web Opinion
Despite the reaction this move has garnered from Spurs fans on social media, it was clear that this had nothing to do with the ownership model of the club. However, I am fairly confident that Lewis will be keen on finding a buyer for Spurs sooner rather than later, now that the global economy has emerged from the pandemic
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The post Report explains why Joe Lewis has been removed from documents at Spurs appeared first on Spurs Web - Tottenham Hotspur Football News.