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Family owners inject £100m into Spurs

Tottenham Hotspur’s owners have pledged to keep pumping money into the club to “deliver success” after announcing a £100million cash injection on Thursday.

In a statement, the club said the £100m capital, which was provided by the Lewis family through ENIC, would “further strengthen the club’s financial position and equip the club’s leadership team with additional resources”.

The funding is the biggest known cash injection from ENIC since its takeover of Spurs in 2001, although it released £150m worth of capital in May 2022 — with the club only taking up £97.5m.

A source close to the Lewis family insisted future funding would be provided following talks with the club’s leadership, telling The Athletic: “This is initial additional funding. As the club’s management decides what’s needed to deliver success, more money will be available. The Lewis family is committed to backing the club to be successful.”

Since Levy’s surprise exit, the family has rejected three approaches from potential takeover candidates — the latest from American tech entrepreneur Brooklyn Earick, who ruled out a formal bid for Spurs on Tuesday.

The younger Lewises — Joe’s children Vivienne and Charles, and his son-in-law Nick Beucher — are now in control at ENIC, while the day-to-day running of Spurs has passed to non-executive chairman Peter Charrington and chief executive Vinai Venkatesham.

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