🔗 Share this article The American entrepreneur Dismisses Spurs Buyout Proposal After Approach The long-serving executive managed Tottenham's move to the Tottenham Hotspur Stadium in recent years. American tech entrepreneur Brooklyn Earick has ruled out submitting an official acquisition offer for the North London club. Tottenham had earlier “unequivocally rejected” an preliminary inquiry from a syndicate headed by Earick last month and insisted the organization was unavailable for purchase. However British acquisition regulations dictated that, having had an initial approach rejected, the group needed to make an offer by late October or state they would not do so. Official word of the choice was made in a release issued by Spurs to the London Stock Exchange, indicating the organization is “ceased to be in an offer period.” The entrepreneur shared an image of the statement on online platforms, adding: “It was a honor discussing with the club and the owners' delegates over the past few weeks. “I have deep admiration for the club, its executives, and its followers, and desire only the best.” The club's board thanked the syndicate for its “constructive approach” in talks and for “honoring the clear position” of the proprietors that the club is not for sale. Brooklyn Earick is a ex-disc jockey who also worked in aerospace studies for the space agency before creating his technology firm, which focuses on innovation, entertainment, sports and recreation. Earick's proposal was the third expression of interest rejected by the club's board since the abrupt resignation of long-serving chairman Daniel Levy in September. In early fall, the club rejected approaches from ex-Newcastle investor the financier's the investment firm and a syndicate led by Kennedy and the co-investor through Firehawk Holdings Limited. The former chairman and his relatives hold about 30% of the parent company – which has an nearly 87 percent shareholding in the club. Levy was the Premier League's most enduring chair and is reported to have earned over £50 million during his long tenure in the capacity. Yet he was also the focus of ongoing dissent by the club's followers, especially last term as domestic league results proved below expectations. Spurs claimed their major honor in 17 years when they defeated Manchester United in the May continental decider. Associated Subjects The Premier League The North London club Soccer