ENIC, run by Tottenham’s majority owners the Lewis Family Trust, has injected another £100m into the club.
Thursday morning’s announcement is the latest statement of intent by the Lewis Family Trust, which has asked Daniel Levy to step down as chairman on September 4 in order to achieve further on-field success with Spurs.
Three expressions of interest to buy a stake in Premier League club Tottenham were “unequivocally rejected” by the Lewis family trust last month, with further funds available to support Thomas Frank, the PA news agency understands.
Sources close to the family provided PA with an exciting five-word update suggesting further investment is on the way.
“This is the first additional funding.”
He added: “More funding will become available once the club’s management determines what is needed to deliver success. The Lewis family is fully committed to supporting the club’s success.”
A statement published on the club’s official website claimed: “This capital injection further strengthens the club’s financial position and provides the club’s leadership with additional resources to continue to focus on driving long-term sporting success.”
Spurs’ new manager Frank has made a strong start to life in north London, winning six of his first 11 games in charge and leading the club to third place in the Premier League heading into the October international break.
Peter Charrington, who was appointed non-executive chairman following Levy’s sudden resignation, said: “As I said a few weeks ago, our focus is on stability and empowering the management team to deliver the club’s ambitions.”
“We know the Lewis family is also ambitious for the future and today’s capital commitment reflects that ambition and we would like to thank them for their continued support.”
“We will do everything in our power to ensure that Vinay (CEO Venkatesham) and his team are supported in the best possible way to take this club forward.”
