Brooklyn Earick Dismisses Tottenham Hotspur Takeover Bid Post-Initial Contact
The long-serving executive managed Spurs' relocation to the state-of-the-art venue in the year 2019.
US technology mogul Brooklyn Earick has rejected making a formal takeover bid for Tottenham.
The club had previously “unequivocally rejected” an unofficial approach from a investment group spearheaded by the American last month and insisted the organization was unavailable for purchase.
But British acquisition regulations required that, following an initial approach rejected, the interested parties needed to make an offer by late October or state they would not proceed.
Verification of the choice was made in a announcement released by Tottenham to the stock exchange, indicating the organization is “not in an takeover phase.”
The entrepreneur shared an snapshot of the announcement on social media, stating: “It's been a privilege engaging with Spurs and the Lewis family's agents over the past few months.
“I hold great respect for the club, its management, and its followers, and wish them nothing but success.”
Spurs' leadership thanked the group for its “cooperative stance” in talks and for “acknowledging the definitive view” of the proprietors that the organization is unavailable.
Brooklyn Earick is a ex-disc jockey who also worked in spacecraft research for NASA before founding Redacted RnD, which focuses on innovation, media, athletics and recreation.
Earick's proposal was the latest inquiry turned down by the team's directors since the abrupt resignation of executive chairman Daniel Levy in the fall.
On 8 September, the team declined proposals from former Newcastle United shareholder Amanda Staveley's PCP International and a consortium headed by Roger Kennedy and Ng through Firehawk Holdings.
The former chairman and his relatives control about 30% of Enic Sports & Developments Holdings Ltd – which has an nearly 87 percent interest in the club.
The executive was the English top flight's longest-serving chairman and is reported to have made more than £50m during his long tenure in the role.
But he was also the focus of frequent demonstrations by Spurs fans, especially last campaign as Premier League performances proved disappointing.
Spurs secured their initial silverware in nearly two decades when they overcame the Red Devils in last season's Europa League final.
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- Premier League
- Spurs
- Soccer
