Tottenham Takeover Ends as US Consortium Withdraws £4.5B Bid
Tottenham Takeover Ends as US Consortium Withdraws £4.5B Bid

Tottenham Takeover Ends as US Consortium Withdraws £4.5B Bid

News summary

Tottenham Hotspur has confirmed that it is not for sale after three prospective bidders, including a US tech entrepreneur Brooklyn Earick's consortium, formally withdrew their interest in making a takeover offer. Earick's group had proposed a £4.5 billion bid, including £3.3 billion to purchase the club and an additional £1.2 billion for transfers and wages, but this was unequivocally rejected by the club's majority owners, the Lewis family and ENIC. Other interested parties, including Firehawk Holdings Limited and PCP International Finance Limited, also decided not to proceed with bids. Following these developments, Tottenham's board stated that the club is no longer in an offer period under takeover regulations and expressed gratitude for the constructive negotiation approaches. The Lewis family reiterated their long-term commitment to Tottenham, signaling a focus on stability and future success. These events come amid recent leadership changes, notably the departure of longtime executive chairman Daniel Levy.

Story Coverage
Bias Distribution
100% Left
Information Sources
e71de608-4cf4-4ab0-9aee-5646a4b196cd
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
1 day ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

25Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News