🔗 Share this article Brooklyn Earick Rejects Tottenham Hotspur Buyout Proposal Post-Initial Contact The former chairman directed Spurs' transition to the state-of-the-art venue in recent years. American tech entrepreneur the entrepreneur has dismissed submitting an official acquisition offer for Spurs. Tottenham had before “firmly declined” an preliminary inquiry from a investment group led by Earick last month and insisted the club was not for sale. But UK takeover and merger rules dictated that, following an informal proposal turned down, the group had to submit a bid by late October or announce they would not proceed. Verification of the choice was made in a statement made by Tottenham to the stock exchange, indicating the club is “not in an acquisition window.” The entrepreneur published an image of the announcement on social media, adding: “It's been a privilege interacting with Tottenham Hotspur and the Lewis family's delegates over the past few months. “I maintain great respect for the team, its management, and its supporters, and wish them continued achievements.” The club's board thanked the syndicate for its “constructive approach” in talks and for “acknowledging the firm stance” of the shareholders that the organization is not for sale. Earick is a ex-disc jockey who also served in space technology for the space agency before creating the innovation company, which specializes in technology, media, athletics and recreation. Earick's proposal was the third approach rejected by the organization's leadership since the abrupt resignation of top executive Levy in the fall. Earlier in September, the club declined approaches from previous club stakeholder Staveley's PCP International and a syndicate spearheaded by Kennedy and Ng through the holding company. The former chairman and his relatives own about 30% of the parent company – which has an almost 87% shareholding in the club. He was the English top flight's longest-serving chairman and is believed to have made over £50 million during his almost quarter of a century in the role. Yet he was also the subject of frequent demonstrations by Tottenham supporters, notably last campaign as home competition outcomes turned out below expectations. The north London club secured their major honor in seventeen years when they defeated Manchester United in last season's continental decider. Related Topics English top division The North London club The beautiful game