The bulk of the £150m cash injection into Tottenham Hotspur will be put towards backing Antonio Conte in the summer transfer market as well as other incoming funds, football.london understands.
Spurs announced on Tuesday that owners ENIC had "agreed a capital increase of up to £150m via the issue of convertible A Shares and accompanying warrants" and 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.
