Tottenham Hotspur are in the spotlight with a staggering £4.5bn takeover bid on the table, which could set new records. The North London club has caught the attention of an American consortium spearheaded by businessman Brooklyn Earick.
As first reported by The Sun, tech entrepreneur Brooklyn Earick is heading up a consortium that has made an approach to buy the club and is trying to persuade the current owners, the Lewis family, to sell. With Daniel Levy recently stepping down, it is a time of change in North London.
Indeed, it has been a summer of transformation at the club. Last season, Ange Postecoglou guided Tottenham to the Europa League, but he was replaced by new manager Thomas Frank. Frank has since steered Spurs to a promising start to the new season. With all this in mind, we take a look at the latest developments on a potential takeover.
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£3.3m bidThe Sun suggests that American businessman Brooklyn Earick is leading a takeover bid for Tottenham.He's reportedly assembled a 12-man team to seal the deal.
They're said to be willing to pay £3.3bn, with an additional £1.2bn earmarked for investment, including transfers, wages and more. As an added incentive, Earick has already secured a lucrative £250m stadium naming rights deal.
Spurs' StanceHowever, sources close to the Lewis family, who run Tavistock, the company behind ENIC,insist that their stance has not changed and that the club is not for sale.
Additionally, it's understood the family have NOT received a bid from Earick's consortium or an expression of interest at this point.
Levy's departure confirmedA potential deal is in the offing following a period of significant change at Tottenham Hotspur Stadium. Earlier this year, former chief Daniel Levy left the club, sparking rumours that a takeover might be on the horizon.
At the time, Levy stated: "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."

However, Earick isn't the only one eyeing a dramatic move for Tottenham. Former Newcastle co-owner Amanda Staveley has also been named as a possible contender, potentially alongside a bid with PCP. Despite this, Spurs announced earlier this month that they had rejected two offers to buy the club, confirming that they were not for sale.
A statement confirmed that offers 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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