Tottenham announce £100 million cash injection from owners | OneFootball

Tottenham have announced that their majority shareholders ENIC Sports & Development Holdings Ltd have injected £100 million into the club.

Tottenham’s hierarchy has recently been undergoing a restructuring with the appointments of Peter Charrington as non-executive chairman and Vinai Venkatesham as chief executive in 2025.

Those additions come alongside the recent departures of notable members of the Tottenham board, including their former chairman Daniel Levy and Donna-Maria Cullen as executive director.

In a statement made about the cash injection on Thursday, Spurs say: “This equity injection will further strengthen the club’s financial position and equip the club’s leadership team with additional resources to continue the focus on driving long-term sporting success.

“This additional capital is part of the Lewis family’s ongoing commitment to the club and its future.”

Tottenham’s non-executive chairman Peter Charrington added: “As I stated a few weeks ago our focus is on stability and empowering the management team to deliver on the club’s ambitions.

“I know the Lewis family are also ambitious for the future. Today’s capital commitment reflects that ambition and I would like to thank them for their ongoing support. We will continue to do all we can to ensure that Vinai and his team are supported in the best way possible to take this club forward.”

This injection of funds comes just three days after Spurs released a statement saying that they will not sell the club in response to interest from an American consortium led by American tech entrepreneur Brooklyn Earick wanted to buy the club.

The statement read: “The Board of Tottenham Hotspur Limited notes the recent announcements from the Firehawk and Mr Earick’s consortiums that they do not intend to make an offer for the club.

“The board thanks them for the constructive approach taken in the discussions with the club’s and the Lewis family’s representatives and respecting the clear position of the Lewis family that the club is not for sale.

“Following the announcements made by the consortiums, the club is no longer in an offer period under the City Code on Takeovers and Mergers.”