Spurs escape credit crunch

March 18, 2008
By Phil Holland
Tottenham fans can breathe a sigh of relief after the man who owns the club's parent company moved to calm fears that the £500million he's just lost will not force him to sell the North London outfit. Last week Joe Lewis, Britain's 16th richest man (he's now based in the Bahamas - well, you would, wouldn't you?) and the man who controls the investment company ENIC, found himself out of pocket to the tune of half a billion pounds as a result of the American bank Bear Stearns' collapse. Analysts ...

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