Brooklyn Earick makes final decision on £4.5bn Tottenham takeover as statement released

Brooklyn Earick has confirmed to the London Stock Exchange that he and his consortium does not intend to make a firm offer for a Tottenham Hotspur takeover.

Tech entrepreneur Earick, who failed earlier this year in a bid to acquire Formula E team Maserati, was fronting the £3.3billion takeover approach from a 12-strong group from the USA including NFL and NBA investors, with a further £1.2billion reportedly set aside as transfer funds for head coach Thomas Frank.

However, after plenty of social media posts surrounding the subject, a statement was lodged with the stock exchange on Monday which read: "Further to the announcement made by the Board of Tottenham Hotspur Limited on 26 September 2025 regarding an informal expression of interest in relation to a proposal to acquire the entire issued, and to be issued, share capital of the company, Mr Brooklyn Earick confirms that he does not intend to make a firm offer for the company."

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The update follows on from the news last week that the Asia-based consortium of investors led by Firehawk Holdings Limited had also confirmed that they would not be bidding for a takeover of Tottenham.

Early last month Spursannounced that they had "received, and unequivocally rejected, separate preliminary expressions of interest in relation to proposals to acquire the entire issued, and to be issued, share capital of ENIC from PCP International Finance Limited and a consortium of investors led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited".

PCP soon confirmed that they would not be following up with a bid and on Friday, the Asia-based consortium led by Firehawk did the same.

Spurs rejected Earick's informal approach and now he has completed the hat-trick of those pulling out from making any formal offer.

Tottenham also released a statement to the stock exchange on Monday saying: "The Board of Tottenham Hotspur notes the recent announcements from the Firehawk and Mr Earick's consortiums that they do not intend to make an offer for the club. The Board thanks them for the constructive approach taken in the discussions with the club's and the Lewis family's representatives and respecting the clear position of the Lewis family that the club is not for sale.

"Following the announcements made by the consortiums, the club is no longer in an offer period under the City Code on Takeovers and Mergers."