Tottenham Hotspur FC set to receive $264 million boost from owners

English Premier League side Tottenham Hotspur FC are set to receive a major injection of £150 million ($264 million) into the club ahead of the upcoming 2022/23 season.

ENIC Sports Inc., the majority owner of Tottenham, will allocate the funds to help the club invest on and off the pitch, according to a statement.

ENIC is the investment firm of businessmen Joe Lewis and Tottenham chairman Daniel Levy, with the pair having bought their controlling stake in the club in the year 2000.

The announcement comes just days after the north London club finished the Premier League season in fourth place to secure qualification for the UEFA Champions League, Europe’s flagship football tournament.

The money will allow Tottenham’s coach, Antonio Conte, to strengthen his squad in the upcoming summer transfer window as he bids to close the gap on domestic rivals Liverpool FC and Manchester City FC next season.

Tottenham has just played its first full campaign in front of fans at the 60,000-plus capacity stadium it opened in 2019, just before the Covid-19 pandemic forced football games across England behind closed doors.

“The delivery of a world-class home was always a key building block in driving diversified revenues to enable us to invest in the teams and support our ambitions to be consistently competing at the highest levels of European football,” Levy, chairman of Tottenham, said in a statement.

“Additional capital from ENIC will now enable further investment in the club at an important time.”

Under the terms of the capital increase, Tottenham will issue convertible A shares and accompanying warrants. ENIC’s shareholding could increase from 85.6% to around 87.5% on conversion to ordinary shares, according to the statement.

Like clubs around Europe, Tottenham, which had borrowed heavily to build the stadium, saw its finances hit by the pandemic. Accounts filed at the UK’s Companies House show revenue of £362 million ($639 million) for the year ended June 30, 2021, down more than 20% from the last full year before the pandemic.

In mid-2020, the club went to the Bank of England for a loan to help it weather the worst of the crisis. That has since been repaid.

Rothschild & Co. advised Tottenham’s independent directors on the capital increase.

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Victory unites with Roasting Warehouse in culture-led partnership

The Melbourne-based anf family-owned business will join the Victory family, uniting two institutions which represent the city’s culture and identity.

A partnership with local roots

As the newest partner of Melbourne Victory, Roasting Warehouse joins forces with a vital part of the city’s sporting landscape.

The club’s Managing Director, Caroline Carnegie, outlined why the partnership bears so much value to both parties.

“We are excited to collaborate with Roasting Warehouse, a community-oriented destination for high-quality coffee, proud of its foundations in Melbourne,” said Carnegie via official media release.

“Football and coffee sit at the epicentre of Melbourne’s culture. The two go hand-in-hand, consistently at the centre of the conversation that stirs Melburnians, which is no different to the conversation sport and Melbourne Victory stir in the State.”

Indeed, this is a partnership which combines the identity, passions and culture of an entire city, therefore giving it the foundations required for long-term, mutual success.

Representing the best of Melbourne

Both Victory and Roasting Warehouse are hugely successful in their respective industries. They are institutions with community-oriented philosphies, who pride themselves on craft and quality.

“We’re incredibly proud to partner with Melbourne Victory, a club that represents the heart, passion, and ambition of Melbourne,” revealed Roasting Warehouse Head of Brand, Alexander Paraskevopoulos.

“As a Melbourne-founded, family-run business, supporting a team that means so much to the local community feels very natural for us.”

Furthermore, through their high-quality blends, Roasting Warehouse will look to prepare Victory’s players and staff for high performances on the pitch as the seasons nears completion.

But this is about far more than just fueling athletes.

This is a partnership which embodies and unites two of Melbourne’s greatest strengths and cultural markers – a connection forged from the city’s very own DNA.

 

For more information about Roasting Warehouse, click here.

Marie-Louise Eta makes history as new Union Berlin head coach

In an historic appointment, Eta will take over as head coach of Union Berlin until the end of the season.

History in the making

Previously the first female assistant coach in Bundesliga history with Union Berlin, Eta will now take the reigns of the men’s first team on an interim basis.

Currently, the club sit in 11th place in the Bundesliga table, but with only two wins so far in 2026, relegation appears an all-too-real prospect, and one which the club is desperate to avoid.

“Given the points gap in the lower half of the table, our place in the Bundesliga is not yet secure,” said Eta via official media release.

‘I am delighted that the club has entrusted me with this challenging task. One of Union’s strengths has always been, and remains, the ability to pull together in such situations.”

Eta will begin as Union’s new head coach with immediate effect, and will be in the dugout for the club’s matchup against Wolfsburg this weekend.

 

A step into an equal future

Eta’s appointment signals a major step towards a more level playing field in the football landscape.

Furthermore, Eta joins other coaches including Sabrinna Wittmann, Hannah Dingley and Corinne Diacre who, in recent years, have blazed a trail for female coaches to step into the men’s game.

Wittmann currently manages FC Ingolstadt in Germany’s third division, and was the first female head coach in Germany’s top three divisions.

In 2023, Dingley became caretaker manager of Forest Green Rovers, and thus the first woman to lead a men’s professional team in England.

Diacre, now head coach of France’s women’s national team, managed Ligue 2’s Clerment Foot between 2014 and 2017.

 

Final thoughts

The impact therefore, is that Eta’s appointment will show future generations of aspiring female coaches that men’s football is an equally viable and possible pathway as the women’s game.

The time is now to level the playing field.

And while it may be a short-term role, its effect on attitudes towards equality and fair opportunities in the game will hopefully resonate long after the season ends.

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