American billionaire Brooklyn Earick withdraws £4.5bn Tottenham takeover bid
American tech entrepreneur and billionaire Brooklyn Earick has withdrawn his £4.5billion takeover bid for Tottenham Hotspur after the club’s owners, the Lewis family, made it clear they would not sell under any circumstances.
His proposal reportedly included £3.3billion for the acquisition of the club and an additional £1.2billion earmarked for transfers, player wages, and agents’ fees.
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Although Tottenham’s owners, ENIC and the Lewis family, had previously “unequivocally rejected” the initial offer, a stance confirmed in a Stock Exchange statement, further discussions were held last week between Earick and the club’s representatives.
However, after it became clear that a sale was not on the cards under any conditions, Earick formally withdrew his bid.
In a statement filed with the Stock Exchange, Earick said:
“Further to the announcement made by the Board of Tottenham Hotspur Limited on 26 September 2025, I confirm that I do not intend to make a firm offer for the company.”
The statement also noted that Earick and his consortium reserve the right to acquire shares in the company in future, keeping the door open for potential investment opportunities.
Posting on social media, Earick added:
“It’s been a privilege engaging with Tottenham Hotspur and the Lewis family’s representatives over the past few months. I have great respect for the club, its leadership, and its supporters, and wish them nothing but success.”
Earick’s withdrawal marks the third failed approach for the north London club since the departure of former executive chairman Daniel Levy in September.
Previous bids from Amanda Staveley’s PCP International Finance and Firehawk Holdings Limited, led by Dr. Roger Kennedy and Wing-Fai Ng, were also rejected.
