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Tottenham Rejects Earick-Led US Takeover Approach With 24 October Deadline Set

Under UK takeover rules, the consortium faces a 5pm, 24 October cutoff to declare a firm bid.

Overview

  • Tottenham and majority owner ENIC said they have “unequivocally rejected” an informal approach from a US consortium led by tech entrepreneur Brooklyn Earick.
  • The club confirmed no formal offer has been submitted, prompting disclosure to the London Stock Exchange under the UK Takeover Code.
  • Rule 2.6 sets a 5pm on 24 October 2025 deadline for the consortium to announce a firm intention to bid or confirm there will be no offer, with potential extension at the Panel’s discretion.
  • Media reports describe a roughly £4.5bn package—£3.3bn to acquire the club plus £1.2bn for squad investment, with a mooted naming-rights deal—which, if made and accepted, would exceed Chelsea’s 2022 sale; these details are unfiled claims.
  • ENIC reiterated the club is not for sale after earlier approaches were turned down, while head coach Thomas Frank said ownership has communicated clearly and the environment feels stable.