The investment vehicle led by Amanda Staveley has confirmed that it does not intend to make an offer for Tottenham.
A statement from Spurs late on Sunday night declared that the club had received two "separate preliminary expressions of interest".
One of those was from a Chinese consortium led by Dr Roger Kennedy and Wing-Fai Ng, while the other came from Staveley's PCP International Finance.
Spurs said in a statement: "The Board of the club and ENIC confirm that Tottenham Hotspur is not for sale and ENIC has no intention to accept any such offer to acquire its interest in the club."
As expected, PCP stated on Monday that it “does not intend to make an offer for Tottenham”.
Takeover rules state that the company cannot now make an offer for the club within the next six months.
Staveley and her husband, Mehrdad Ghodoussi, took a 10 per cent stake in Newcastle when they played a key role in the takeover of the club in 2021. That share became diluted and the pair left the club last summer.
Reports in recent months have suggested that Staveley has been talking to potential backers about a bid for Spurs.
Joe Lewis, the majority owner of ENIC, transferred control of his stake in Spurs to a family trust in 2022.
Sources close to the Lewis family insist that there are no plans to sell the club, despite speculation intensifying after Daniel Levy's departure as executive chairman after almost 25 years.