Tottenham Hotspur are the subject of an eye-watering £4.5bn takeover bid - and it could see them breaking records. The North London side are of interest to an American consortium led by businessman Brooklyn Earick.
According to The Sun, they have already lodged their offer to the club and are attempting to convince the current owners the Lewis family to cash-in. With Daniel Levy having recently made his exit, it appears that there could be more overhaul behind the scenes sooner rather than later.
Of course, talk of new ownership at the club comes amid a summer of change at the club. Ange Postecoglou led Tottenham to the Europa League last season but he was replaced by new boss Thomas Frank.
The Dane has since led Spurs to a positive start to the new campaign. With all of that being said, football.london looks at the latest on a potential takeover.
Earick leads £4.5bn bid
According to The Sun, American businessman Brooklyn Earick is leading a takeover bid of Tottenham. It is suggested that he has put together a 12-man team in an effort to complete a deal.
It is further reported that they want to pay £3.3bn, while another £1.2bn has been put aside for investment which includes transfers, wages and more. As a sweetener, Earick has already lined up a lucrative £250m stadium naming rights deal.
Levy exit confirmed
A potential deal comes after a period of major overhaul at the Tottenham Hotspur Stadium. Former chief Daniel Levy exited the club earlier this year, which ignited suggestions that a takeover could potentially be on the cards.
A statement from Levy at the time read: “I am incredibly proud of the work I have done together with the executive team and all our employees.
“We have built this club into a global heavyweight competing at the highest level. More than that, we have built a community. I was lucky enough to work with some of the greatest people in this sport, from the team at Lilywhite House and Hotspur Way to all the players and managers over the years.
“I wish to thank all the fans that have supported me over the years. It hasn’t always been an easy journey but significant progress has been made. I will continue to support this club passionately.”
Spurs ‘not for sale’
Earick is not the only one linked with a sensational move for Tottenham. Former Newcastle co-owner Amanda Staveley has also been mentioned in the running alongside a potential bid with PCP.
But Spurs released a statement at the start of the month revealing that they had turned down two expressions of interest to buy the club, confirming that they were not for sale. PA reported on Thursday that a source close to the Lewis family reiterated the club is not for sale.
A statement confirmed that approaches had been "received, and unequivocally rejected, separate preliminary expressions of interest in relation to proposals to acquire the entire issued, and to be issued, share capital of ENIC from (i) PCP International Finance... and (ii) a consortium of investors led by Dr. Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited".
The statement further clarified: "The Board of the Club and ENIC confirm that Tottenham Hotspur is not for sale and ENIC has no intention to accept any such offer to acquire its interest in the Club."
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