Tuesday, December 2, 2025
HomeBusinessAmerican billionaire Brooklyn Earick withdraws £4.5bn Tottenham takeover bid

American billionaire Brooklyn Earick withdraws £4.5bn Tottenham takeover bid

Published on

spot_img

American tech entrepreneur and billionaire Brooklyn Earick has withdrawn his £4.5billion takeover bid for Tottenham Hotspur after the club’s owners, the Lewis family, made it clear they would not sell under any circumstances.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.

Read Also: Sheikh Jassim tipped for Spurs takeover after failed United bid

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.

Anthony Nlebem

Head of Sports at BusinessDay Media, a seasoned Digital Content Producer, and FIFA/CAF Accredited Journalist with over a decade of sports reporting.Has a deep understanding of the Nigerian and global sports landscape and skills in delivering comprehensive and insightful sports content.

Latest articles

‘My Focus Is Here’: Teenage Hadebe Speaks on Joining Scottland FC

‘My Focus Is Here’: Teenage Hadebe Speaks on Joining Scottland FC Warriors defender Teenage Hadebe has dismissed growing speculation linking him with a move to Scottland Football Club. He insists his focus remains firmly on his Major League Soccer (MLS) side, FC Cincinnati. Gift to Sakupwanya Sparks Transfer Speculation Rumours erupted after Hadebe handed Lionel

The Top 10 Richest People In The World | December 2025

There’s a new No. 2 on Forbes’ ranking of the world’s wealthiest people.Last update:...

Trump says he would ‘absolutely’ revoke citizenship from naturalized criminals — if he has the authority

NEWYou can now listen to Fox News articles! President Donald Trump on Sunday said his administration’s halt on asylum processing in the wake of the deadly National Guard shooting earlier this week could last "a long time," and floated the possibility of revoking citizenship from some naturalized immigrants with criminal histories. While the administration has

Broncos secure thrilling OT victory over Commanders behind clutch performances

NEWYou can now listen to Fox News articles! The Denver Broncos and Washington Commanders’ matchup on Sunday featured several great plays, but the most impactful came in overtime. It didn’t take long for the Broncos to score. Bo Nix made four completions, including a 41-yard pass to Evan Engram, and then handed the ball off

More like this

‘My Focus Is Here’: Teenage Hadebe Speaks on Joining Scottland FC

‘My Focus Is Here’: Teenage Hadebe Speaks on Joining Scottland FC Warriors defender Teenage Hadebe has dismissed growing speculation linking him with a move to Scottland Football Club. He insists his focus remains firmly on his Major League Soccer (MLS) side, FC Cincinnati. Gift to Sakupwanya Sparks Transfer Speculation Rumours erupted after Hadebe handed Lionel

The Top 10 Richest People In The World | December 2025

There’s a new No. 2 on Forbes’ ranking of the world’s wealthiest people.Last update:...

Trump says he would ‘absolutely’ revoke citizenship from naturalized criminals — if he has the authority

NEWYou can now listen to Fox News articles! President Donald Trump on Sunday said his administration’s halt on asylum processing in the wake of the deadly National Guard shooting earlier this week could last "a long time," and floated the possibility of revoking citizenship from some naturalized immigrants with criminal histories. While the administration has
Share via
Send this to a friend