Tottenham reject report £4.5bn takeover bid from US consortium

Tottenham have launched an announcement saying that they’ve rejected curiosity in a takeover from a US consortium.

Rumours have been swirling {that a} group, led by American entrepreneur and tech large Brooklyn Earick, had made a bid for the membership.

However the membership have stated: “The Board of Tottenham Hotspur Restricted is conscious of latest media hypothesis and confirms that its majority shareholder, ENIC Sports activities & Developments Holdings Ltd, has obtained, and unequivocally rejected, an off-the-cuff expression of curiosity in relation to a proposal to amass your entire issued, and to be issued, share capital of the Membership from a consortium led by Mr Brooklyn Earick.

“The Board of the Membership and ENIC reconfirm that Tottenham Hotspur will not be on the market and ENIC will not be trying to promote its stake within the Membership.

“In accordance with the obligations underneath Rule 2.6(a) of the Metropolis Code, the Consortium is required, by not later than 5.00 p.m on 24 October 2025, to both announce a agency intention to make a suggestion for the Firm in accordance with Rule 2.7 of the Metropolis Code or announce that it doesn’t intend to make a suggestion for the Firm, through which case such announcement will probably be handled as an announcement to which Rule 2.8 of the Metropolis Code applies.”

This replace comes simply weeks after former chairman Daniel Levy stepped down from his position in early September following virtually 25 years on the helm.

On the time of his departure, Spurs moved shortly to make clear {that a} change in management wouldn’t equate to a change in possession.