unexpected item
Well-Known Member
Hopefully, the feds will get their hands on Lewis' emails and messages.
PL charge City for alleged breaches of financial rules
- Thread starter ayrshire_blue
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dadnlad
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someone on radio said they got loads of emails and correspondence
most say city at guilty ;)
cheekybids
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He should just hand them over if he’s got nothing to hide….
Where's that Pinto lad when you really need him?
SilverFox2
Well-Known Member
And as such probably some there benefitted from his Insider misdemeanors.
No doubt plenty of evidence as to who he told, maybe a few are awaiting a call with trepidation.
Prestwich_Blue
Well-Known Member
I've speculated before about whether they're using their united shares as security for loans in their shopping mall business. They apparently mortgaged that up to the hilt just before the 2008 crash, so loan-to-value % would've been high.
If the pattern here was repeated in the USA , then the lenders would have asked either for loans to be reduced or additional security. Those shares would be the obvious source and I don't believe the timing of their IPO in 2010 was coincidental.
There's now another squeeze on commercial property, plus the future for low-end malls like theirs isn't great. As the share price dropped last year, if my theory is correct, they may have been under pressure from lenders.
The sale process increased the share price significantly but it's now been 9 months since they started that and there's been no conclusion.
When we announced in 2006 that we were in talks about investment (which wasn't true, as we had no potential buyer at that time) it still took us just 6 months to complete the sale and I don't think Thaksin appeared until the April, 4 months after the December announcement. So it took around 2-3 months to complete the process with him, and we were also a quoted company.
In summary I reckon if they genuinely wanted a sale, they'd have sorted it by now. Others have speculated that they're trying to keep the share price high by dragging out the process.
It's probably a wild hope but it would be fantastic if the NYSE investigated them for market manipulation.
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meltonblue
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Don’t think he does, there was some shifting around of the ownership not too long ago so he’s not a person of significant control (almost as if he knew something might happen….)
So basically in a nut shell he's bent so what ever businesses he owns are benefactors of illegal wealth this includes Spurs ! But I bet your bottom dollar, pardon the punn, none of it was used to benefit them. When of course it would have been, what money is used to pay off the stadium loan ? Bent as fck but will never be investigated whilst Levy is up the remaining so called big clubs backside !A Tottenham Hotspur spokesperson said in a statement: "This is a legal matter unconnected with the club and as such we have no comment."
Joe Lewis: Tottenham Hotspur-linked billionaire denies US insider trading charges
British businessman Joe Lewis faces multiple counts of fraud in a Manhattan court.www.bbc.co.uk
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Bluechipblue
Well-Known Member
They can have one of ours.