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. Owners ENIC have pumped a £150m cash injection into the north London outfit as they look to challenge under the Italian 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'.
The cash injection follows Tottenham's qualification into the Champions League for the first time since 2019/20 when Spurs bowed out in the round of 16 against RB Leipzig under the stewardship of former boss Jose Mourinho. And, eager to cement a fruitful future in the competition, The Telegraph claim that Conte wants as many as six arrivals this window; a centre-back, a right wing-back, two midfielders, a forward and a back-up goalkeeper.