Brooklyn Earick Rules Out Spurs Buyout Proposal Following Expression of Interest

American tech entrepreneur the entrepreneur has rejected launching a buyout proposal for Spurs.

Tottenham had before “clearly turned down” an informal expression of interest from a consortium headed by Earick last month and insisted the organization was unavailable for purchase.

However British acquisition regulations stipulated that, following an expression of interest turned down, Earick's consortium were obligated to present a formal offer by 24 October or declare they would not do so.

Verification of the determination was provided in a release made by Tottenham to the stock exchange, confirming the team is “not in an offer period.”

He shared an picture of the announcement on social media, stating: “I've had a honor interacting with the club and the Lewis family's agents over the past few months.

“I hold great respect for the team, its leadership, and its followers, and hope for continued achievements.”

Spurs' leadership acknowledged the consortium for its “cooperative stance” in talks and for “acknowledging the firm stance” of the shareholders that the team is off the market.

Brooklyn Earick is a former DJ who also worked in spacecraft research for Nasa before creating Redacted RnD, which concentrates on technology, communications, athletics and leisure.

His approach was the latest approach rejected by the team's directors since the sudden departure of executive chairman Daniel Levy in September.

In early fall, the club declined offers from previous club stakeholder Amanda Staveley's PCP International and a syndicate led by Kennedy and the co-investor through the holding company.

Daniel Levy and his household control about a significant stake of Enic Sports & Developments Holdings Ltd – which has an majority interest in Spurs.

The executive was the the league's top-tenured leader and is believed to have received more than £50m during his almost quarter of a century in the role.

Yet he was also the subject of ongoing dissent by the club's followers, notably last term as domestic league results were disappointing.

Spurs secured their first trophy in 17 years when they defeated Manchester United in the May continental decider.

Associated Subjects

• English top division
• Spurs
• The beautiful game