Soccer-Spurs get 150 million pounds from owners ENIC to help boost transfer fund


FILE PHOTO: Football - Tottenham Hotspur v Arsenal Barclays Premier League - White Hart Lane - 2/10/11 ENIC International Limited Owner Joe Lewis (L) and Tottenham Chairman Daniel Levy in the stands Mandatory Credit: Action Images / Paul Childs Livepic

LONDON (Reuters) - Tottenham Hotspur's owners ENIC agreed a 150 million pounds ($187.64 million) cash injection into the club on Tuesday to help Antonio Conte's side challenge for honours after securing a return to the Champions League next season.

ENIC, owned by 85-year-old British businessman Joe Lewis, announced the capital increase for Spurs, who finished fourth in the Premier League this term, via the issue of convertible A Shares and accompanying warrants in a club statement.

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