SPURS have REJECTED the world record £4.5bn takeover offer from US tech guru Brooklyn Earick.
But the club’s official response to the bid leaves open the door for the former DJ to make his offer formal and see if a deal can still be done.
SunSport exclusively revealed how Earick, 41, is heading a 12-strong consortium of US investors, including NFL and NBA owners, who are keen to buy out ENIC and the Lewis family.
The American’s “Tottenham 3.0” blueprint envisages a £3.3bn up front payment for the club, with a further £1.2bn allocated for a “player budget” for recruitment, wages and agents’ fees.
Earick and his colleagues believe they have the platform to turn Spurs into a global superpower with their spending plans.
The news thrilled many Tottenham supporters, who have been crying out for owners with the willingness to take on the Prem giants.
Bid insiders say Earick has been engaged in a number of meetings with the Tottenham hierarchy, initially with former chairman Daniel Levy and club Chief Legal Counsel Katie Reid.
Those talks have stepped up in the past three weeks with direct contact with the Lewis family since Levy’s forced exit at the start of September.
In his first public comment, Ohio-born Earick posted a picture of Friday’s Sun back page story on his Instagram feed, with the comment: “Pretty low key morning so far.”
And soon afterwards, Spurs made their public response in an official statement confirming the approach had been made.
A club spokesman said: “The Board of Tottenham Hotspur Limited is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd, has received, and unequivocally rejected, an informal expression of interest in relation to a proposal to acquire the entire issued, and to be issued, share capital of the Club from a consortium led by Mr Brooklyn Earick.
“The Board of the Club and ENIC reconfirm that Tottenham Hotspur is not for sale and ENIC is not looking to sell its stake in the Club.”
That is consistent with the position the club took earlier this month when it dismissed bids by former Newcastle executive Amanda Staveley’s PCP International Finance and Hong Kong-based Firehawk Holdings.
But the statement left the door open for Earick as it added: “In accordance with the obligations under Rule 2.6(a) of the City Code, the Consortium is required, by not later than 5.00 p.m on 24 October 2025, to either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the City Code or announce that it does not intend to make an offer for the Company, in which case such announcement will be treated as a statement to which Rule 2.8 of the City Code applies.
“This deadline can be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the City Code.”
Here’s how SunSport broke the exclusive story about the shock takeover bid:
Read the full article here