Antonio Conte has been handed a major boost ahead of the upcoming transfer window, with the Tottenham Hotspur boss keen to build upon an exciting debut campaign in charge. Daniel Levy could gift the Italian boss a war chest worth at least £310.5million, following a £150m cash injection into the north London outfit from owners ENIC.
ENIC, owned by 85-year-old Joe Lewis, who is worth £4.3bn according to the latest Forbes figures, have agreed a capital increase of up to £150m with Spurs. The club announced that 'the equity injection provides the Premier League Club with greater financial flexibility and the ability to further invest on and off the pitch'.
football.london understands that the majority of that £150m will be put towards backing Conte in the transfer market this summer in order to help him build a team that can challenge at the top of the Premier League and in the Champions League next season. On top of that, Spurs will have the extra projected revenue from playing in Europe's top-club competition next season and also the funds generated by player sales.
