Tottenham Rejects £4.5 Billion Takeover Bid From American Tech Entrepreneur

 


Tottenham Hotspur has firmly dismissed fresh takeover speculation after its owners, ENIC, “unequivocally rejected” an expression of interest to purchase the Premier League club. The bid, reportedly worth a record-breaking £4.5 billion ($6 billion), came from American tech entrepreneur Brooklyn Earick.

According to The Sun, Earick’s proposal would have surpassed the £4.25 billion deal agreed in 2022 when an American consortium led by Todd Boehly acquired Chelsea. His plan was said to involve £3.3 billion for the takeover itself, alongside an additional £1.2 billion earmarked for strengthening Spurs’ squad.

Tottenham Board Issues Firm Response

Despite the financial lure of what would have been the largest takeover in Premier League history, Spurs’ majority owners ENIC, controlled by the Lewis family trust, released a statement through the London Stock Exchange making their stance clear:

“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.”

This firm rejection follows two other approaches earlier this month, one of which reportedly came from Amanda Staveley’s PCP International Finance, a group previously linked to Newcastle United.

A Period of Transition at Spurs

The speculation around ownership comes during a period of major change at the North London club. Earlier this month, Daniel Levy stepped down from his position as chairman after a remarkable 24-year tenure. His departure was seen as part of the Lewis family’s renewed drive to deliver more consistent success on the pitch.

Spurs ended their 17-year trophy drought last season by winning the Europa League. However, that achievement could not mask a poor domestic campaign, which saw the team flirt with relegation. Manager Ange Postecoglou was dismissed after the disappointing league finish, with Thomas Frank brought in as his replacement.

Frank Focused on Stability

Asked about the takeover reports, current manager Thomas Frank downplayed any impact on his preparations ahead of Saturday’s Premier League clash against bottom-placed Wolves.

“The Lewis family has been very transparent, very good in the way they have communicated and it’s very clear the club is not for sale,” Frank said.
“Personally, I feel in a very stable environment going into work every day.”

Looking Ahead

For now, Tottenham’s ownership appears determined to stay the course, rejecting even record-breaking financial offers. While fans may wonder whether future interest will eventually persuade ENIC to sell, the official stance leaves little room for doubt: Tottenham Hotspur is not on the market.

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