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Tottenham Hotspur issue statement amid rumours of £4.5billion takeover bid by ex-Ibiza DJ
Tottenham Hotspur have released a statement to confirm that they have rejected interest in a takeover from a US consortium. Rumours have been swirling that a group, led by American entrepreneur and former Ibiza DJ Brooklyn Earick, had made a bid for the club. However, talkSPORT understands that no bid has been made despite the suggestions of a £4.5billion valuation. Instead, Earick has informally expressed his interest in Spurs. The north London giants’ have since stated that they have ‘unequivocally rejected’ that approach though. And owners ENIC have also declared that the board has maintained its stance that the club is not for sale, following the departure of chairman Daniel Levy at the start of September. Levy left the club after nearly 25 years, but they were quick to claim that it wouldn’t mean any ownership changes. What have Tottenham said about a rumoured takeover? Spurs’ statement reads: “The Board of Tottenham Hotspur Limited is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd, has received, and unequivocally rejected, an informal expression of interest in relation to a proposal to acquire the entire issued, and to be issued, share capital of the Club from a consortium led by Mr Brooklyn Earick. “The Board of the Club and ENIC reconfirm that Tottenham Hotspur is not for sale and ENIC is not looking to sell its stake in the Club. “In accordance with the obligations under Rule 2.6(a) of the City Code, the Consortium is required, by no later than 5.00 p.m on 24 October 2025, to either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the City Code or announce that it does not intend to make an offer for the Company, in which case such announcement will be treated as a statement to which Rule 2.8 of the City Code applies. “This deadline can be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the City Code. “The person responsible for arranging the release of this announcement on behalf of Tottenham Hotspur is Peter Charrington.” Tottenham have released a statement rejecting an expression of interest from an American consortiumGetty Meanwhile, a source close to the Joe Lewis family told talkSPORT: “This unsolicited and unnecessary interest does nothing to change the family’s resolve and commitment to do whatever it takes to drive success on the pitch. The club is not for sale.” Tottenham were required by UK takeover law to respond to the media speculation surrounding a potential bid. Within Spurs’ statement, they also delved into the law and laid out what Earick and his consortium need to do going forward. The US group are required, by no later than 5pm on October 24, to either announce a firm intention to make an offer or announce that it does not intend to do so. Who is Brooklyn Earick? Earick is a former Ibiza DJ who also worked for NASA before going on to enter the world of technology. As a DJ, he performed around North America and in Europe. Earick is a former DJ who also worked for NASA before going on to found his own businessesInstagram @brooklynearick Instagram @brooklynearickHe has partied alongside legendary DJ Steve Aoki[/caption] After some time at NASA, he then founded Redacted RnD, which describes itself as ‘a leader in blockchain innovation and digital assets’. And he also founded Algorith Capital, which is a technology-focused investment fund, alongside helping create apps such as Phoodie and Littlstar. Speaking about his career, he told Spoon University: “My path to app development is about as random as you can get. “I spent the better part of a decade as a DJ and music producer. I’ve played shows all over the U.S., Canada, the Caribbean and Europe, from LA to NYC to London to Ibiza. “I’m very fortunate to have done that for as long as I did, but I was definitely burnt out towards the end. “So I hung up the headphones, moved to San Francisco and landed an internship at NASA Ames as an electrical engineer in the small spacecraft division. The American has DJed in Ibiza and many other locations across the worldInstagram @brooklynearick “NASA is where I was first exposed to computer programming. I quickly realised how powerful it was, and loved the fact that if you had an idea, you could open your computer and start it right away. “So I started taking online courses for both coding and design, reading books and brainstorming ideas.” Earick made a bid for Maserati’s Formula E team earlier this year, however, he failed in that approach. His consortium is reported to include 12 people, including NFL and NBA investors. Fuelling the fire Earick posted an image of The Sun newspaper on his social media this morning, with his reported bid on the page. He wrote
Tottenham Hotspur have released a statement to confirm that they have rejected interest in a takeover from a US consortium.
Rumours have been swirling that a group, led by American entrepreneur and former Ibiza DJ Brooklyn Earick, had made a bid for the club.
However, talkSPORT understands that no bid has been made despite the suggestions of a £4.5billion valuation.
Instead, Earick has informally expressed his interest in Spurs.
The north London giants’ have since stated that they have ‘unequivocally rejected’ that approach though.
And owners ENIC have also declared that the board has maintained its stance that the club is not for sale, following the departure of chairman Daniel Levy at the start of September.
Levy left the club after nearly 25 years, but they were quick to claim that it wouldn’t mean any ownership changes.
What have Tottenham said about a rumoured takeover?
Spurs’ statement reads: “The Board of Tottenham Hotspur Limited is aware of recent media speculation and confirms that its majority shareholder, ENIC Sports & Developments Holdings Ltd, has received, and unequivocally rejected, an informal expression of interest in relation to a proposal to acquire the entire issued, and to be issued, share capital of the Club from a consortium led by Mr Brooklyn Earick.
“The Board of the Club and ENIC reconfirm that Tottenham Hotspur is not for sale and ENIC is not looking to sell its stake in the Club.
“In accordance with the obligations under Rule 2.6(a) of the City Code, the Consortium is required, by no later than 5.00 p.m on 24 October 2025, to either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the City Code or announce that it does not intend to make an offer for the Company, in which case such announcement will be treated as a statement to which Rule 2.8 of the City Code applies.
“This deadline can be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the City Code.
“The person responsible for arranging the release of this announcement on behalf of Tottenham Hotspur is Peter Charrington.”
Meanwhile, a source close to the Joe Lewis family told talkSPORT: “This unsolicited and unnecessary interest does nothing to change the family’s resolve and commitment to do whatever it takes to drive success on the pitch. The club is not for sale.”
Tottenham were required by UK takeover law to respond to the media speculation surrounding a potential bid.
Within Spurs’ statement, they also delved into the law and laid out what Earick and his consortium need to do going forward.
The US group are required, by no later than 5pm on October 24, to either announce a firm intention to make an offer or announce that it does not intend to do so.
Who is Brooklyn Earick?
Earick is a former Ibiza DJ who also worked for NASA before going on to enter the world of technology.
As a DJ, he performed around North America and in Europe.
After some time at NASA, he then founded Redacted RnD, which describes itself as ‘a leader in blockchain innovation and digital assets’.
And he also founded Algorith Capital, which is a technology-focused investment fund, alongside helping create apps such as Phoodie and Littlstar.
Speaking about his career, he told Spoon University: “My path to app development is about as random as you can get.
“I spent the better part of a decade as a DJ and music producer. I’ve played shows all over the U.S., Canada, the Caribbean and Europe, from LA to NYC to London to Ibiza.
“I’m very fortunate to have done that for as long as I did, but I was definitely burnt out towards the end.
“So I hung up the headphones, moved to San Francisco and landed an internship at NASA Ames as an electrical engineer in the small spacecraft division.
“NASA is where I was first exposed to computer programming. I quickly realised how powerful it was, and loved the fact that if you had an idea, you could open your computer and start it right away.
“So I started taking online courses for both coding and design, reading books and brainstorming ideas.”
Earick made a bid for Maserati’s Formula E team earlier this year, however, he failed in that approach.
His consortium is reported to include 12 people, including NFL and NBA investors.
Fuelling the fire
Earick posted an image of The Sun newspaper on his social media this morning, with his reported bid on the page.
He wrote in the caption: “Pretty low key morning so far.”
It appears that the American is fuelling the rumours of his consortium making the move for Tottenham.
But as mentioned, if he is formally interested in taking over the Premier League club, he must make it public.
Tottenham are in top-flight action tomorrow at 8pm against Wolves, live on talkSPORT.
There’s no doubt that the takeover rumours will now be the talk of the town, with questions potentially posed to Thomas Frank.
