The Tottenham Hotspur Hotspur team has suffered a sudden off-field fiasco as it begins its pre-season preparations in Asia. According to the UK Times, Tottenham Hotspur club chairman Zu Luis is suspected of commercial fraud and has recently been accused by US prosecutors of more than ten counts of insider trading. In the face of this allegation, Tottenham Hotspur has not yet made an official response, its impact on the club's operations is not yet known.
U.S. Attorney Darwin Williams revealed in a videotaped statement on Wednesday (26), "We suspect that Zuluis has long used his board authority to continually leak insider information to people close to him, including partners, personal assistants, drivers, and friends. These individuals have made millions of dollars investing in the stock market through Zuluis' tips."
