Tottenham news: Antonio Conte faces transfer conundrum despite £150m Daniel Levy backing

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Tottenham's owners have made a £150 million investment in the club as they prepare to back Antonio Conte in the summer transfer market.

Major shareholders ENIC have pledged the funds to enable "more financial flexibility and the potential to further invest on and off the pitch". It will be welcome news to Spurs boss Conte, who has already warned that investment is needed to compete on all fronts next season.

And it appears the Italian is already planning on how to spend his newfound riches, with Eintracht Frankfurt wing-back Filip Kostic in his sights. While one potential transfer problem has arisen for Conte's side as they plan their Champions League campaign next term.

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Tottenham Hotspur have seen their coffers rise by £150million – just in time for the summer transfer window.

Spurs have announced a £150 million capital boost in the form of shares from majority stakeholder Enic Sports INC (ENIC), an investment that will provide the club more financial flexibility to strengthen both on and off the field. Spurs' return to the Champions