Tottenham Majority Owners ENIC Inject £100m To Drive Long-Term Sporting Success

‎Tottenham’s owners have invested £100 million into the club to support its pursuit of long-term sporting success.

‎The move comes after the surprise departure of Daniel Levy last month, ending his nearly 25-year tenure as executive chairman.

‎Amid the leadership change, speculation had grown that the Lewis family, Spurs’ majority shareholders, were considering a potential sale.

‎However, sources close to the family have insisted they remain committed to the club and are determined to oversee a more successful era on the pitch.

‎In recent weeks, three groups have had expressions of interest in a takeover of Spurs rejected and have subsequently confirmed that they will not be making bids.

‎In a further signal of the Lewis family’s intent, a fresh cash injection of £100m has now been made.

‎Spurs said in a statement, “This equity injection will further strengthen the club’s financial position and equip the club’s leadership team with additional resources to continue the focus on driving long-term sporting success.

‎”This additional capital is part of the Lewis family’s ongoing commitment to the club and its future.”

‎Joe Lewis’ children, Vivienne and Charles, have become increasingly visible figures at Tottenham, along with Nick Beucher, the husband of Vivienne’s daughter.

‎The family made the decision to remove Levy and handed control of the day-to-day running of the club to chief executive Vinai Venkatesham.

‎Peter Charrington has also come in as non-executive chairman and he praised the Lewis family for injecting new capital into the club.

‎“As I stated a few weeks ago, our focus is on stability and empowering the management team to deliver on the club’s ambitions,” Charrington said.

‎”I know the Lewis family is also ambitious for the future. Today’s capital commitment reflects that ambition and I would like to thank them for their ongoing support.

‎”We will continue to do all we can to ensure that Vinai and his team are supported in the best way possible to take this club forward.”

‎The financial boost comes as Spurs enjoy a strong start to the season under new manager Thomas Frank, appointed in June.

‎They sit third in the Premier League, two points behind leaders Arsenal after seven matches.