Tottenham set for huge cash injection as owners ENIC ramp up plans to deliver sporting success after sacking chairman Daniel Levy

Spurs announced on Thursday that Levy had "stepped down" with immediate effect after spending almost 25 years at the helm. However widespread reports have since indicated that club owners ENIC - led by British businessman Joe Lewis - decided to ease Levy aside.

And according to a new report from The Telegraph, it is understood the decision to sack Levy was part of ENIC's new strategy to help Tottenham build on their Europa League victory in May - the club's first trophy in 17 years. The report claims ENIC and Lewis have no interest in selling the club and therefore the £100m boost is designed to help Spurs bridge the gap between themselves and Liverpool, Manchester City, Chelsea and fierce rivals Arsenal.

Tottenham already spent over £150m in the summer as they aimed to back Thomas Frank in his first season in charge of the club. The north Londoners signed Xavi Simons and Mohamed Kudus from RB Leipzig and West Ham United respectively, while Mathys Tel and Kevin Danso joined on permanent deals following their loan spells last season. Spurs also sealed temporary moves for Bayern Munich midfielder Joao Palhinha and Paris Saint-Germain striker Randal Kolo Muani.

Next up for Tottenham is an away trip to London rivals West Ham in the Premier League on September 13. Frank's men then get their Champions League campaign under way when they play host to La Liga outfit Villarreal on September 16.