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Tottenham’s majority owner ENIC, which is run by the Lewis family, has injected £100m of new capital into the club.
Thursday morning’s announcement is the latest statement of intent by the Lewis family, which Daniel Levy invited to step down as chairman on 4 September in an attempt to achieve more on-field success at Spurs.
Three expressions of interest in purchasing a stake in Premier League club tottenham has been “explicitly rejected” Additional funding has been made available by the Lewis Family Trust over the past month to further help Thomas Frank,
A source close to the family gave this information the countryside: “This is initial additional funding.
“As the club’s management decides what is needed to deliver success, more funding will become available. The Lewis family is committed to supporting the club to succeed.”
A statement on the club’s official website claimed, “This equity injection will further strengthen the club’s financial position and equip the club’s leadership team with additional resources to focus on long-term playing success”.
New Spurs boss Frank has made a strong start to life in north London, winning six of his opening 11 games and taking the club to third place. Premier League Going into the October international break.
Peter Charrington, who was named non-executive chairman after Levy’s sudden departure, said: “As I said a few weeks ago, our focus is on stability and empowering the management team to deliver the club’s ambitions.
“I know the Lewis family is also ambitious for the future. Today’s capital commitment reflects that ambition and I want to thank them for their continued support.
“We will continue to do everything possible to ensure that Vinay (Venkatesham, CEO) and his team are best supported to take this club forward.”
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