The American consortium puts an end to interest in 4.5 billion pounds sterling in spurs

An American consortium led by entrepreneur Brooklyn Earrick will not make an official buyout for Tottenham.

An informal expression of interest of the Earrick consortium last month was “rejected unequivocally” by Tottenham last month, the hierarchy of the club insisting on the fact that it is not for sale.

Having rejected an expression of interest, the Earrick consortium should either make an offer or confirm that it would not do it by October 24.

Tottenham confirmed on the London Stock Exchange that the club was “no longer in a period of offer” on Monday.

In an article on X (formerly Twitter) with an image of the declaration, Earerick wrote: “It was a privilege engaging with Tottenham Hotspur and representatives of the Lewis family in recent months.

“I have great respect for the club, its leadership and its supporters, and I only wish them success.”

The Tottenham board of directors thanked the Earrick consortium for a “constructive approach” of negotiations and to “respect the clear position” of the property concerning its desire not to sell the club.

The expression of interest of the Earrick consortium followed approaches by the former shareholder of Newcastle United, Amanda Staveley, PCP International Finance Limited and a consortium led by Dr. Roger Kennedy and Wing-Fai Ng via Firehawk Holdings Limited.

These investigations occurred following the departure of Daniel Levy as executive president in September.

Levy had been in position since 2001, making him the oldest president of the Premier League.

Although the club president, Levy and his family hold approximately 30% of EIC Sports & Developments Holdings LTD, which holds a participation of 86.58% in Tottenham.