Tech investor Brooklyn Earick confirms he will not proceed with £4.5bn Tottenham bid
Brooklyn Earick has confirmed that he will not proceed with his proposed £4.5 billion takeover of Tottenham Hotspur, formally ending weeks of speculation about a possible buyout of the Premier League club.
In a statement lodged with the London Stock Exchange on Monday, the tech entrepreneur said he and his consortium “do not intend to make a firm offer” for the North London club.
The notice read: “Further to the announcement made by the Board of Tottenham Hotspur Limited on 26 September 2025 regarding an informal expression of interest in relation to a proposal to acquire the entire issued, and to be issued, share capital of the company, Mr Brooklyn Earick confirms that he does not intend to make a firm offer for the company.”
The confirmation brings an end to speculation linking Earick and a 12-member US-based investor group — which included backers from the NFL and NBA — with an ambitious proposal to acquire Tottenham Hotspur Limited. The consortium had been preparing a package reportedly worth £3.3 billion for the club itself, with an additional £1.2 billion earmarked to strengthen the squad under manager Thomas Frank.
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Earick, a well-known figure in the technology and sports investment sectors, had previously made an unsuccessful attempt to purchase the Maserati Formula E team earlier this year. His reported interest in Tottenham was seen by many analysts as an opportunity to expand his portfolio into elite European football.
However, despite weeks of speculation, social media buzz, and preliminary discussions, Earick has now stepped back, joining a growing list of parties that have withdrawn from the process.
His decision follows two other potential takeover approaches that were recently dismissed. Last month, Tottenham announced that they had “received, and unequivocally rejected, separate preliminary expressions of interest” from both PCP International Finance Limited and a consortium led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.
Both PCP and the Firehawk consortium have since confirmed they will not submit formal bids. On Friday, Firehawk issued its own statement saying it had “decided not to proceed” with its planned proposal for the club.
Tottenham’s owners, ENIC Group, chaired by Daniel Levy, have maintained that the club is not for sale, despite repeated interest from international investors. ENIC currently holds the vast majority of the club’s shares and has overseen Tottenham’s development into one of the Premier League’s most profitable teams, thanks largely to its state-of-the-art Tottenham Hotspur Stadium and lucrative global partnerships.
The club’s valuation has soared in recent years, with estimates placing its total worth at over £4 billion, making it one of the most valuable sports franchises in Europe. Earick’s £4.5 billion proposal would have been among the largest private takeovers in football history had it gone ahead.
While Tottenham have faced pressure from sections of their fanbase calling for greater investment and transparency from ENIC, the board has consistently rejected approaches that do not align with the club’s long-term strategy.
The latest developments appear to have closed the door, at least for now, on any imminent ownership change. Analysts say that despite global interest in Premier League clubs, the size and structure of Tottenham’s operations make a full takeover “extremely complex.”
For supporters, the collapse of the Earick bid marks the end of another speculative chapter in the club’s off-pitch narrative. Focus will now return to manager Thomas Frank’s side, who remain firmly in contention near the top of the Premier League table.
Earick’s withdrawal, together with the withdrawal of other interested parties, reinforces Tottenham’s current position: the club remains under ENIC’s control, with no active offers on the table.