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Tottenham confirm £150m money injection after Antonio Conte ‘promised six signings’ | Football | Sport

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Tottenham’s announcement of a latest £150million ‘capital increase’ has given enigmatic manager Antonio Conte an enormous boost ahead of the summer transfer window, along with his reported promise of six latest players from club chief Daniel Levy now looking increasingly likely after the deal was announced on Tuesday.

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The north London giants finished fourth within the Premier League this season as they edged ahead of local rivals Arsenal, guaranteeing Champions League football on the Tottenham Hotspur Stadium for the primary time in three years. The Italian was reportedly promised six latest signings in a bid to strengthen his squad this summer in line with the Telegraph, even though it was unknown whether the club would have the option to accomodate those of their former state.

Nevertheless, a press release on Tuesday afternoon confirmed that a large increase in capital was agreed for improvements ‘on and off the pitch’. And the news will only delight Conte, who will look to go one higher next season and challenge for the title if he can attract the calibre of players needed to go near Manchester City and Liverpool.

“Tottenham Hotspur Limited (the “Club” or “Spurs”) has, today, Tuesday 24 May 2022, agreed a capital increase of as much as £150m from majority shareholder, ENIC Sports Inc (“ENIC”), via the problem of convertible A Shares and accompanying warrants,” a club statement said. “The equity injection provides the Premier League Club with greater financial flexibility and the power to further invest on and off the pitch.

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