Here comes Tottenham’s transfer war chest… Spurs’ owners ENIC pump £150MILLION into the club, days after their return to the Champions League, and announce ‘further investment’ to back Antonio Conte in the market
Tottenham finished fourth to return to the Champions League on SundayPlayers were desperate for manager Antonio Conte to be given funds to spendItalian manager will be eager to strengthen his squad in several different areasNow the club’s owners ENIC have injected £150m in through share issueDaniel Levy said the money will ‘enable further investment at an important time’
Antonio Conte has received backing for a summer spending spree after Tottenham Hotspur’s owners ENIC pumped £150million of capital into the club.
Spurs qualified for next season’s Champions League on Sunday by finishing the Premier League season in fourth place, bumping north London rivals Arsenal into the Europa League.
Conte, players and fans alike have urged the club’s hierarchy to release funds for summer spending so they can kick on and challenge for trophies next season.
Antonio Conte has received a boost ahead of a potential summer spending spree after Tottenham’s owners ENIC injected £150million into the club’s coffers
Tottenham secured fourth in the Premier League with a 5-0 thrashing of Norwich on Sunday
That appears to have now been realised after the club announced the cash injection, ‘via the issue of convertible A Shares and accompanying warrants’, on Tuesday.
ENIC are owned by British businessman Joe Lewis, 85, who according to the 2021 Sunday Times Rich List has a net worth of £4.33billion. Lewis is the majority owner of Tottenham.
A club statement read: ‘The equity injection provides the Premier League Club with greater financial flexibility and the ability to further…