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British billionaire Joe Lewis – whose family trust owns Tottenham – has been bailed by a judge in New York after pleading not guilty to charges of giving insider trading tips, according to reports. The 86-year-old, who faces 16 counts of securities fraud and three counts of conspiracy, appeared at an arraignment hearing at Manhattan Federal Court on Wednesday. After entering a not guilty plea Lewis was released on a bail of 300 million US dollars (£230m), reportedly secured by a yacht and private aircraft equivalent to that amount. Lewis, and two of his pilots who are also facing charges, must remain in the United States. Prosecutors say Lewis, who was arrested on Wednesday morning, is alleged to have used his access to confidential information to provide stock tips to individuals close to him, with the indictment referring to one girlfriend having made 849,000 US dollars (£657,000) on one of those tip-offs. Lewis’ legal counsel David Zornow, from the Skadden, Arps, Slate, Meagher & Flom firm, said: “The government has made an egregious error in judgment in charging Mr Lewis, an 86-year-old man of impeccable integrity and prodigious accomplishment. “Mr Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court.” Each of the first 13 counts of securities fraud carries a maximum sentence of 20 years in prison, Manhattan prosecutors said in a statement issued on Wednesday. The US Attorney for the Southern District of New York, Damian Williams, announced on Tuesday that Lewis had been indicted over a “brazen insider trading scheme”. Prosecutors said Lewis, by virtue of his investments in certain companies, received material and non-public information about these companies. A release from prosecutors on Wednesday alleged Lewis had “misused and misappropriated this confidential information to provide stock tips to various individuals in his life, including his employees, romantic partners, and friends, as a way to provide them with compensation and gifts”. It added: “These individuals, in turn, traded on the tips provided by Lewis for vast personal gain.” Lewis bought a controlling stake in Spurs in 2001 for £22million. He officially ceded control of the club last year, with Bahamian lawyer Bryan A Glinton replacing him as a director according to Companies House. His stake in the club – which he held through the ENIC Group alongside Daniel Levy – was formally handed to a family trust last year. Family members of Lewis remain beneficiaries of the trust. PA understands the Premier League does not consider Lewis as a person with control at Tottenham, and is therefore not subject to its owners’ and directors’ test. A Tottenham spokesperson said: “This is a legal matter unconnected with the club and as such we have no comment.” US prosecutors said Lewis is also alleged to have falsely disclosed the extent of his ownership shares in a pharmaceutical company, Mirati, “through an elaborate array of shell companies and other entities, including an offshore trust purportedly for the benefit of his granddaughter”. As a result of this alleged false disclosure, prosecutors said he was able to exercise warrants in Mirati that he would otherwise not have been able to exercise, “at vast financial gain”. Also charged were Patrick O’Connor and Bryan Waugh, two pilots employed by Lewis to fly his private aircraft. In one instance, it is alleged Lewis loaned each of them 500,000 US dollars (more than £387,000) to buy shares in a company before it publicly announced favourable information about some clinical results. This type of behaviour - blatant disregard for the law - is not only illegal but undermines the integrity of our financial markets. Christie M Curtis, FBI Federal Bureau of Investigation (FBI) acting assistant director in charge Christie M Curtis said: “As alleged, Mr Lewis treated material, non-public information at his disposal as though it was something he could give his friends and associates for their benefit. “This type of behaviour – blatant disregard for the law – is not only illegal but undermines the integrity of our financial markets. “The FBI is determined to ensure that anyone willing to perpetrate insider trading schemes is held accountable in the United States criminal justice system.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Kylian Mbappe reportedly turns down chance to discuss move to Al Hilal Sussex head coach Paul Farbrace says Jofra Archer is ‘on course’ for World Cup Tom Latham and Will Jacks both make 99 as Surrey build lead over Somerset

The judge: “rogue.” The prosecutor: “racist.” The proceeding: “greatest witch hunt of all time.” And that was before

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Jude Bellingham scored twice – including a dramatic injury-time winner – as Real Madrid came from behind to beat arch-rivals Barcelona 2-1 on Saturday. The England midfielder struck a stunning equaliser after 68 minutes at the Lluis Companys Olympic Stadium and then settled his first El Clasico with a close-range volley in the dying moments. Barcelona had led at the interval through former Manchester City captain Ilkay Gundogan. Real’s Bellingham-inspired fightback took them back above Girona to the top of LaLiga and left Barca third, four points behind. Bellingham has now scored 13 goals in as many appearances in what has been a remarkable start to his Real Madrid career. Barca took the lead on six minutes when Gundogan combined with fellow former City player Ferran Torres and calmly fired past Kepa Arrizabalaga. Vinicius Junior spurned a chance to level and Barca almost doubled their advantage when Fermin Lopez struck the post. Real also hit the woodwork when Dani Carvajal drove against the post before the break. Lopez hit the post again early in the second half and Kepa reacted quickly to deny Ronald Araujo on the rebound. Real began to rally in the latter stages with Aurelien Tchouameni having a powerful drive touched onto the frame of the goal. Bellingham then took charge of proceedings when he brilliantly curled home a shot from 25 yards. The game could still have gone either way and Robert Lewandowski had a chance to put Barca back ahead when he fired over 10 minutes from time. It was Bellingham who was to have the final say, however. The 20-year-old was once again in the right place at the right time as he pounced to clip home after a Cavajal cross was flicked on by Luka Modric. Read More England were ‘desperate to win’ after Tonga provocation – Shaun Wane Exeter run riot against sloppy Sale Bournemouth boss Andoni Iraola claims maiden Premier League win over Burnley Matty Ashton at the double as England seal series win over Tonga Everton financial reports just another thing to deal with – Sean Dyche Steve Borthwick’s plans for England’s Six Nations campaign well under way

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By Nidal al-Mughrabi and Henriette Chacar GAZA/JERUSALEM Israel said its ground forces had pushed into Gaza overnight to