6
Tottenham Hotspur’s primary stakeholders, the ENIC Group, have made a £100 million capital injection into the club aimed at bolstering its financial stability and fostering long-term sporting development, as reported by BBC Sport.
The funding, announced on Wednesday, originates from the Lewis Family Trust, which oversees ENIC and holds an 86.58% ownership stake in the north London team. The remaining shares are held by a collection of minority shareholders. Spurs stated that this fresh capital will “provide the club’s leadership team with enhanced resources to maintain a focus on achieving long-term sporting success.”
Recently, the influence of the Lewis family has significantly increased, following a period of changes within the board, including the exit of former chairman Daniel Levy in September. While Levy retains a 29.88% stake in ENIC, he no longer plays an operational role within the club.
A source affiliated with the Lewis family referred to the £100 million as “initial additional funding,” noting that more investments may be made based on the club’s strategic needs. “The Lewis family is committed to supporting the club in its pursuit of success,” the source stated.
This capital injection arrives amid ongoing rumors of potential takeover attempts, the most recent being a bid from American tech entrepreneur Brooklyn Earick, which has been rejected by Tottenham, reaffirming that the club is not available for sale.
GFN | Finn Entwistle