Brooklyn Earick has confirmed to the London Stock Exchange that he “does not intend to make a firm offer” to buy Tottenham Hotspur.
Earick’s statement, released on Monday evening, brings an end to 11 days of speculation over a possible move to buy Tottenham.
The former DJ and tech investor had made an “informal expression of interest” in buying Spurs, which was “unequivocally rejected”, according to a club statement released on 26 September.
Earick’s enquiry was dismissed as “unsolicited and unnecessary interest” by a source close to the Lewis family, who reiterated their stance that “the club is not for sale”.
Following that Tottenham announcement – known as a ‘PUSU [Put up or Shut up] statement’ – Earick was obliged by the UK Takeover Panel to clarify his intentions by 24 October as to whether he would make a firm offer to buy the club or not.
He did so on Monday, 18 days before the deadline, ending the speculation over his apparent interest.
Tottenham responded on Monday evening with a fresh statement of their own, acknowledging the “recent announcements” from both Earick’s consortium and Firehawk. (Firehawk had confirmed on 3 October that it was “not intending to make an offer for the Club.”)
“The Board thanks them for the constructive approach taken in the discussions with the Club’s and the Lewis family’s representatives and respecting the clear position of the Lewis family that the Club is not for sale. Following the announcements made by the consortiums, the Club is no longer in an offer period under the City Code on Takeovers and Mergers.”
There has been increased attention on the majority shareholding Lewis family’s plans for Tottenham Hotspur ever since they dismissed Daniel Levy as executive chairman last month.
The Lewis family have repeatedly insisted since then that Tottenham Hotspur is not for sale.
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