Tottenham Shocks Football World by Rejecting Unprecedented £4.5bn Takeover Offer—What’s Next?

Well, this one’s a doozy for the Tottenham faithful — whispers have been swirling about a mysterious American consortium, helmed by none other than Brooklyn Earick, tossing their hat into the Spurs ownership ring. But hold the phone! Tottenham Hotspur’s board just slammed the door shut on those takeover rumors, making it crystal clear that ENIC, their majority owner, isn’t budging an inch and has outright rejected the informal bid. This declaration couldn’t have come at a more intriguing time, just weeks after the long-standing chairman Daniel Levy stepped down, stirring the pot around the club’s future. Yet, Spurs have been quick to stress that leadership shuffle doesn’t mean ownership’s up for grabs — a firm line drawn in the sand. The consortium now sits in a waiting game, with a deadline looming to declare their next move under the City Code. Talk about drama off the pitch! LEARN MORE

Tottenham have released a statement saying that they have rejected interest in a takeover from a US consortium.

Rumours have been swirling that a group, led by American entrepreneur and tech giant Brooklyn Earick, had made a bid for the club.

But the club have said: “The Board of Tottenham Hotspur Limited is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd, has received, and unequivocally rejected, an informal expression of interest in relation to a proposal to acquire the entire issued, and to be issued, share capital of the Club from a consortium led by Mr Brooklyn Earick.

“The Board of the Club and ENIC reconfirm that Tottenham Hotspur is not for sale and ENIC is not looking to sell its stake in the Club.

“In accordance with the obligations under Rule 2.6(a) of the City Code, the Consortium is required, by not later than 5.00 p.m on 24 October 2025, to either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the City Code or announce that it does not intend to make an offer for the Company, in which case such announcement will be treated as a statement to which Rule 2.8 of the City Code applies.”

This update comes just weeks after former chairman Daniel Levy stepped down from his role in early September following almost 25 years at the helm.

At the time of his departure, Spurs moved quickly to clarify that a change in leadership would not equate to a change in ownership.