Billionaire Tottenham owner Joe Lewis ceases to be a person with significant control of the club
An update issued by Companies House revealed Lewis had ceased to be a person with significant control (PSC) of the club on October 5.
On the same day, Bryan Antoine Glinton, a Bahamas-based lawyer, and Katie Louise Booth were named to Tottenham Hotspur Limited’s board of directors.
Glinton, who is described on LinkedIn as a ‘Partner at Glinton Sweeting O’Brien Chair, Private Client Group,’ is said to be one of two executives of the Lewis family trusts that control Spurs shares. The unknown other officer has also joined the club as a new PSC.
A Spurs spokesperson said: “Tottenham Hotspur Limited (the “Company”) 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.”
Spurs insisted the move would have no impact whatsoever on the club, which continues to be owned by chairman Daniel Levy and Lewis.
Lewis turned 85 in February and is based in the Bahamas.
He is not involved in the day-to-day running of Tottenham but over the summer, ENIC Group, the company majority owned by Lewis which owns a majority stake in the club, injected £150million into Spurs by issuing new shares.
A PSC is defined as someone who “has the right to exercise significant influence or control over the activities of a trust, and the trustees of that trust, hold, directly or indirectly, more than 50% but less than 75% of the shares in the company”.
