🔗 Share this article Brooklyn Earick Dismisses Tottenham Hotspur Buyout Proposal Following Expression of Interest Daniel Levy managed Tottenham's relocation to the club's new home in 2019. American tech entrepreneur Brooklyn Earick has dismissed launching a buyout proposal for the North London club. Spurs had before “clearly turned down” an unofficial approach from a investment group headed by Brooklyn Earick last month and stated the organization was unavailable for purchase. Yet the nation's corporate governance laws stipulated that, after an informal proposal turned down, the interested parties had to submit a bid by 24 October or state they would not proceed. Verification of the decision was made in a statement released by Spurs to the stock exchange, indicating the organization is “no longer in an takeover phase.” Earick published an image of the statement on social media, remarking: “I've had a pleasure engaging with Spurs and the owners' agents over the past few months. “I have great respect for the organization, its leadership, and its fans, and hope for only the best.” The club's board expressed gratitude to the group for its “positive engagement” in discussions and for “acknowledging the clear position” of the proprietors that the team is unavailable. Brooklyn Earick is a one-time music presenter who also worked in space technology for the space agency before creating his technology firm, which focuses on innovation, communications, sport and recreation. His approach was the third approach declined by the organization's leadership since the unexpected exit of top executive Levy in the fall. In early fall, the club declined approaches from previous club stakeholder the financier's the investment firm and a syndicate led by Dr Roger Kennedy and the co-investor through Firehawk Holdings Limited. The former chairman and his family hold about a significant stake of Enic Holdings – which has an majority interest in the club. He was the Premier League's most enduring chair and is reported to have earned more than £50m during his long tenure in the position. Yet he was also the subject of ongoing dissent by Spurs fans, especially last campaign as Premier League performances turned out below expectations. Tottenham won their major honor in nearly two decades when they overcame the Red Devils in last season's continental decider. Associated Subjects Premier League Tottenham Hotspur Soccer