Owners ENIC have pumped a £150m cash injection into Tottenham Hotspur as they look to challenge under Antonio Conte next season.
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, via the issue of convertible A Shares and accompanying warrants.
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."