Tottenham Hotspur Rejects Third £4.5bn US Takeover Bid Amid Ownership Stability

Tottenham Hotspur has firmly rejected a third takeover approach, this time from an American tech entrepreneur Brooklyn Earick, who leads a consortium reportedly valuing the club at £4.5 billion. The club's majority shareholder, ENIC Sports & Developments Holdings Ltd, which controls nearly 87% of Tottenham, along with the Lewis family, reiterated that the club is not for sale, dismissing any bids including minority investments. Despite Earick's informal expression of interest and a looming October 24 deadline under UK takeover laws to declare a formal offer or withdraw, no substantive bid or details of investors have been provided. Previous takeover attempts from Amanda Staveley's PCP International Finance and Firehawk Holdings were also rebuffed, with Tottenham's management stressing stability and long-term commitment following chairman Daniel Levy's departure. Tottenham's CEO Vinai Venkatesham and manager Thomas Frank have publicly reassured fans and stakeholders about the club's future, emphasizing transparency and the owners' resolve to maintain control. The situation remains under close watch due to the club's significant value, public shareholding, and potential for further takeover developments.