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Tottenham takeover: Spurs not for sale after third prospective buyer confirms no intention to bid

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Tottenham are not, and never have been, for sale after a third prospective bidder confirmed they will not make an offer for the club.

On Monday evening, Brooklyn Earick confirmed to the London Stock Exchange that he does not intend to bid for Tottenham.

The former DJ led an American consortium that made an informal expression of interest, which was "unequivocally rejected" by the Spurs board, led by majority shareholders ENIC group, on September 26.

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As some Tottenham shares are still held by private investors, prospective bidders had to make their intentions clear, as set out in the Takeover Code.

There were three expressions - of varying degrees of seriousness - in buying the club, but all have now confirmed they will not be making bids.

That means they cannot bid for six months - unless someone else enters talks about buying the club.

The Lewis family are committed to owning Tottenham and are looking forward to a sustained period of stability and long-term success.

It was announced at the start of September that Spurs' majority owners ENIC had "unequivocally rejected" two expressions of interest in acquiring the north London club, with one from a consortium of investors led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk.

Amanda Staveley's PCP International Finance immediately confirmed via the London Stock Exchange on September 8 that it did not intend to make an offer for Tottenham, and Firehawk followed suit a month later.

Following Mr Earick's intention not to bid either for the club, Spurs released a statement on Monday evening.

It read: "The Board of Tottenham Hotspur Limited (the "Club") notes the recent announcements from the Firehawk and Mr Earick's consortiums that they do not intend 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."

The takeover speculation in recent months follows Daniel Levy's departure from the club after nearly 25 years as executive chairman.

Sky Sports News has been told the decision for Levy's exit was taken in pursuit of long-term success and building on the foundations of their Europa League triumph.

Frank: My interactions with Lewis family have been good

Speaking on September 26, Spurs head coach Thomas Frank, who was appointed by Levy and the Spurs board in the summer, said his interactions with the Lewis family have been "good".

"You can say the start of my time here was very stable," Frank said. "Daniel has been here for almost 25 years, and then the change came - okay, I didn't expect that.

"Since then, the Lewis family have been very transparent and good in the way they have communicated that the club is not for sale.

"Vinai [Venkatesham, Spurs' CEO] has been on top of everything and has been very clear, so for me I feel a very stable environment.

"I have learned over a lot of years that the only thing which helps me and the team is to fully focus on the team and the players.

"I've said two or three times before, I've had some interactions with the Lewis family. It's been good."

Who is Brooklyn Earick?

Earick is an American tech industry expert, who founded Redacted RnD, a company with a focus on technology, sports, media and entertainment.

The 41-year-old also founded Algorith Capital, an investment fund entity.

In his earlier days, Earick was a DJ and secured a record deal with Warner Records. He also performed at the Sundance Music Festival.

He then changed careers after suffering from burnout and secured an internship at NASA as an electrical engineer in the small spacecraft division.

Earick's Redacted RnD group was said to be in talks over buying Maserati's Formula E team, but the move fell through.

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Vitor Pereira interview: Wolves coach says summer signings need time but they will turn Premier League season around

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Wolves gambled this summer bringing in six players new to the Premier League. So far, that gamble has not paid off. Vitor Pereira thinks they just need time. “Without time, it is like buying a lottery ticket,” he tells Sky Sports. “You don’t know what will happen.”

Having seen standout performers Matheus Cunha, Rayan Ait Nouri and Nelson Semedo depart, Wolves invested north of £100m on new players. They recruited them from Celta Vigo and Girona, from AZ Alkmaar and Genk, from Hellas Verona and Fluminense.

But five consecutive defeats underlined the point that the Premier League is not prepared to wait for players. Tottenham's late equaliser last time out means they are still waiting for their first win in the competition this season and sit bottom of the table.

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Pereira is uncomfortable there, as you might expect. A title winner in Portugal, Greece and China, this is not his natural altitude. "I am not used to being in this position," he concedes. But the message from Pereira is that he believes in himself and, importantly, his players.

"It is the first time in my career that I am in this position but I am very resilient," he says, speaking at the club's training ground. "I have a lot of confidence in myself, in my staff, in our work. And I have a lot of confidence in the players, in the club and in the supporters."

Those fans are certainly backing him. Pereira's name has been chanted at every game this season and his team were applauded off twice last week. His catchphrase - 'first the points then the pints' - may leave him thirsty right now but his popularity endures.

Though he himself denies it, the feeling remains that Pereira saved Wolves last season, taking over a rudderless team in the relegation zone and going on to win six games in a row at one stage. It earned him a nomination as the Premier League manager of the season.

"This is a strong connection," he says of the fans. "In this city. I feel like I am with my family. The people take care of me. If I go in a pub, if I go somewhere, the people try to show that I am one of them. This is something special. That is why I feel like I am working for my family."

While that connection remains, the fans' relationship with those above him is more strained and many are still to be convinced by some of the summer signings. Jhon Arias, the Colombian winger, did win player of the match at Spurs after a slow start in England.

The versatile Czech Ladislav Krejci was named the club's player of the month for September. But while Fer Lopez, the 20-year-old Spanish winger, did assist Krejci's goal against Leeds, that remains his only Premier League start and he was substituted at half-time.

Jackson Tchatchoua and Tolu Arokodare were on the bench at Spurs. David Moller Wolfe has not played a minute in their last four matches. Pereira acknowledges all of this but sets out to explain. "The players arrived at the club very late, in my opinion," he says.

"We have players with different concepts because we bought players from different leagues, with different mentalities, different cultures. If you have time with them, you can put them on the same page, go in the same direction, tactically and mentally.

"Even the communication when you bring in players from other leagues who don't know the language. Now, I am realising that they understand what we are asking. They are starting to enjoy training, enjoy the games. Now, I see the connections between them.

"Imagine Arias. He arrives here in the Premier League, different league, different language. In Brazil, the game is different. After many years in Brazil, he felt very comfortable playing in the same system, the same club. He felt confident to express himself.

"The relationship with the team-mates, the new club, there are a lot of things before the player feels comfortable knowing tactically what the manager wants, what the players are thinking when they have the ball, the movements that they will do to open space."

Pereira admits that he is still learning about them. "I need to understand what each one can give me in the system. For example, my expectation might be that this player, with these skills, can play inside, between the lines, or outside, coming inside with the ball.

"Then, when we start to work with them, we might realise they are a player who feels more comfortable between the lines but not on the outside. Or the opposite and they like to receive it on the outside. This is the knowledge that we need to have."

But he feels a corner has been turned. "We have worked together for two weeks. It is a start. Now I am having good feelings because now I think we can compete. Now we are building, now we are start to see a team that can compete," he argues, leaning forward purposefully.

"They will become better. They will be in condition to show why we bought them. But they need this time. It is not easy. This is the time that we need. We cannot do magic. But I believe in this team because we have the character, the courage and the quality."

Pereira even suggests Wolves could be stronger for it. At Spurs, Thomas Frank admitted to being surprised by the formation changes, Pereira's team starting with four at the back before switching to three. "Last season, it was not possible to work two systems."

With the impressive Krejci capable of playing in defence or midfield, Wolves can now make that change without even needing to turn to their bench. "He gives us a lot because he is technically a very good player and he understands the game very well."

He adds: "Now, I think it is possible to play with three or four. We can manage both systems. For us, it is important because we can surprise the opponent." Crucial, he thinks, in a Premier League that demands so much tactically, technically and physically.

Will it be enough? Outside the club, the verdict is in. Wolves are the bookmakers' favourites for relegation following their poor start. Within the club, Pereira has been rewarded for his work with a new contract. He is convincing. Can he convince his team?

"I think a manager is also a teacher," he says. Handily, Pereira, 57, spent 15 years as a teacher before his coaching career. "Not only to teach about tactical things but mentally we need to sell ideas. Tactically and mentally to sell ideas and make players believe."

He is trying to infuse those players with the confidence needed. "I can try to explain when I feel confident. I feel confident when I start to control things, when I start to see what we want on the pitch." That is happening now, he insists. Better times are ahead.

"I will work hard, the hours that I need, to increase the level of this team, to see again the happiness in the faces of the supporters. I know the supporters. When we start to win games, they will be the energy that we need to turn around this situation," he says.

"And we will do it for sure. Together."

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NFL live scores, results, highlights: Cleveland Browns vs Minnesota Vikings updates from Tottenham Hotspur Stadium

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