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Tottenham get £150m transfer raise as owner Joe Lewis hands kitty to Antonio Conte after getting Champions League football


Antonio Conte has received huge backing from Tottenham, with the club’s owners revealing they have invested £150million in the club.

ENIC’s majority shareholders have pledged the funds – through the issuance of convertible A shares and equity warrants – with the aim of providing “greater financial flexibility and the ability to invest more on and off the pitch.”

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Tottenham secured Champions League football for next season with a 5-0 win over Norwich

Tottenham get £150m transfer raise as owner Joe Lewis hands kitty to Antonio Conte after getting Champions League football

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And it looks like Conte will get the backing to make Spurs even stronger this summer

The extra funds, combined with revenue from a full first season at their new stadium at full capacity, come from Spurs’ return to the Champions League after a two-year absence.

It will be music to the ears of Conte, who warned of the need to invest to be competitive on all fronts next year.

He also spoke of a desire to improve his squad with ‘important players’ and it will now give Spurs the chance to do so this summer.

Chairman Daniel Levy said: “Delivering a world-class home has always been key to generating diversified revenue to enable us to invest in the teams and support our ambitions to constantly compete. at the highest levels of European football.

“The additional capital from ENIC will now allow more investment in the club at an important time.”

Conte is due to meet the club later this week to discuss his future, having previously refused to commit to the role next season.


Tottenham get £150m transfer raise as owner Joe Lewis hands kitty to Antonio Conte after getting Champions League football

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Can Conte deliver a first piece of silverware for Spurs since 2008?

The news will be hugely exciting for Spurs fans, with the club on the rise under Conte’s leadership.

It is understood they will sign Dejan Kulusevski and Cristian Romero on permanent deals after successful loan spells at the club.

Meanwhile, the north London outfit have been linked with the move of Aston Villa star John McGinn and Juventus striker Paolo Dybala, who will be a free agent this summer.

It will also allay fears over Harry Kane’s future, with the striker heavily linked with an exit last summer.



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