"A US consortium led by entrepreneur Brooklyn Earick will not make a formal takeover bid for Tottenham. An informal expression of interest by Earick's consortium last month was "unequivocally rejected" by Tottenham last month, the club's hierarchy insisting it is not for sale. Having had an expression of interest rejected, Earick's consortium was required to either make an offer or confirm it would not do so by October 24."
"Tottenham confirmed to the London Stock Exchange that the club is "no longer in an offer period" on Monday. In a post on X (formerly Twitter) featuring an image of the statement, Earick wrote: "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.""
A US consortium led by Brooklyn Earick will not proceed with a formal takeover bid for Tottenham. An informal expression of interest from the consortium was unequivocally rejected by Tottenham, with the club's hierarchy stating it is not for sale. The consortium faced a deadline to either make an offer or confirm it would not do so by October 24. Tottenham confirmed to the London Stock Exchange that the club is no longer in an offer period. Earick posted on X expressing respect for the club and wishing it success, and the board thanked the consortium for its constructive approach. Previous enquiries came from PCP International Finance Limited and a Firehawk Holdings-led group following Daniel Levy's September departure. Levy had served as chairman since 2001 and the Levy family owns roughly 30 percent of Enic Sports & Developments Holdings Ltd.
Read at 101GREATGOALS.COM
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