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Tottenham Owners Inject £100 Million to Back Club’s Long-Term Plan

The equity move signals ownership’s commitment by leaving spending decisions to the club’s management.

Overview

  • ENIC, controlled by the Lewis family trust, has provided £100m in new capital, with the club stating the funds strengthen finances and support long-term sporting aims.
  • Tottenham reiterated the club is not for sale after rejecting three informal takeover approaches, with would-be bidders now restricted by UK Takeover Code timelines.
  • Club leadership led by CEO Vinai Venkatesham, non-executive chair Peter Charrington and head coach Thomas Frank will determine how the money is allocated.
  • A source close to the owners described the cash as initial additional funding, indicating further support could follow depending on management needs.
  • Independent finance analysis suggests the injection will primarily bolster the balance sheet and cover obligations rather than guarantee a £100m January transfer budget, following a recent ~£90m Macquarie loan.