Tottenham investment may be on the way as ENIC make big transfer moves

Tottenham Hotspur have demonstrated their ambition with some big investment over the last 48 hours, and some journalists believe that this marks a big change in how the club’s owners, ENIC, are operating.

Just a couple of days ago, many Tottenham Hotspur fans were still moaning about the club’s lack of urgency and ambition at the start of the Thomas Frank era.

However, many of them are now on cloud nine after the big moves that Daniel Levy and co have made over the last 48 hours.

First, Tottenham wrapped up a £55m deal to sign Mohammed Kudus from West Ham, a deal which many see as a bargain for a player who is viewed as one of the most exciting attackers across the Premier League.

Now, some reports indicate that Spurs have activated Morgan Gibbs-White’s £60m release clause, with the attacking midfielder set to have his medical at Hotspur Way today.

Big investment could be on the way from ENIC at Tottenham

These moves mean that Spurs have already spent well over £150m so far this summer without barely raising any cash through player sales, in what is a big statement of intent from the club.

These moves fly in the face of the reports earlier this summer, which claimed that Tottenham had to sell before buying due to their cash flow problems.

The Telegraph’s Matt Law believes that these deals prove that Spurs have managed to secure investment, either from the outside or in the form of equity pumped in by ENIC.

Alasdair Gold also agrees, explaining that there was an expectation at the club that ENIC would invest this summer, and these moves are evidence that it is indeed on its way.

Have ENIC completely changed their Tottenham playbook?

ENIC have invested just £122.1m into Tottenham since buying the club in 2001, which amounts to just £5.3m per season.

The Lilywhites have always made it clear that they are run in a self-sustaining manner and are not reliant on outside investment.

Daniel Levy even warned earlier this summer that Spurs cannot continue spending beyond their means after the club posted an operating loss for the third financial year in a row.

However, it seems like the Spurs chairman has been successful in convincing ENIC to invest in the club this summer and by the looks of it, it is not a small amount either.

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