Tottenham Hotspur’s owners, the Lewis family, broke their long silence on Wednesday, issuing a rare statement taking “ultimate responsibility” for the club’s struggles and promising more investment for a rebuild. The Lewis family, who have owned the club since Joe Lewis acquired a controlling stake in 2001, have promised investment in several areas, said their plans for Spurs “require investment — in our teams, the academy, our backroom functions and more — and we are fully committed to this. “We are not selling the club. We are all in. We are investing in it. You will see more of this in the coming months.” This statement is the first time the Lewis family have ever commented publicly on Tottenham matters, even though ENIC first became majority shareholders when they bought Alan Sugar’s stake at the turn of the century. Traditionally any communication was done by Daniel Levy, but he was sacked as executive chairman last September. Since, the Lewis family have starte...
There is to be an election for the presidency of Real Madrid. Florentino Pérez, a 79 year old construction magnate and president for the last 25 years could well hang on, but his authority is ebbing away. The club has 100,000 members who pay €179 a year, although a season ticket costs an extra €3,200 on top. Some members sell their tickets on. Real Madrid has not won a grand trophy for two years. An expansion of the Bernebau budgeted at €575m has cost €1.3 billion and counting. The Spanish squad for the World Cup does not include a single Real Madrid player. Pérez called his first press conference for ten years and gave a rambling and paranoid performance, blaming referees and the press among others. His opponent is Enrique Riquelme, 37, who owns an energy business. The first presidential election in 20 years has been called for June 7th. Meanwhile, the appointment of the 'special one' as manager has been delayed. Pérez is favourite to win, but that t...