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American tech entrepreneur the entrepreneur has dismissed submitting an official acquisition offer for Tottenham.

Spurs had previously “clearly turned down” an preliminary inquiry from a investment group spearheaded by Brooklyn Earick last period and stated the team was unavailable for purchase.

But British acquisition regulations dictated that, following an initial approach rejected, Earick's consortium had to submit a bid by late October or declare they would refrain.

Official word of the choice was provided in a announcement released by Tottenham to the London Stock Exchange, stating the team is “not in an acquisition window.”

Earick posted an picture of the release on digital channels, remarking: “I've had a honor interacting with Spurs and the owners' agents over the past few weeks.

“I hold deep admiration for the organization, its leadership, and its followers, and desire nothing but success.”

The club's board acknowledged the syndicate for its “positive engagement” in negotiations and for “honoring the clear position” of the owners that the team is not for sale.

Earick is a former DJ who also served in space technology for NASA before creating his technology firm, which specializes in technology, communications, sport and entertainment.

The informal offer was the latest approach rejected by the club's board since the sudden departure of long-serving chairman Levy in September.

Earlier in September, the club declined offers from ex-Newcastle investor Staveley's PCP International Finance Limited and a syndicate headed by Kennedy and the co-investor through the holding company.

The former chairman and his family hold about a significant stake of Enic Holdings – which has an nearly 87 percent shareholding in Spurs.

He was the English top flight's most enduring chair and is believed to have earned over £50 million during his nearly 25 years in the position.

But he was also the focus of ongoing dissent by the club's followers, notably last term as Premier League performances were below expectations.

The north London club claimed their first trophy in 17 years when they overcame United in May's European final.

Associated Subjects

• Premier League
• Tottenham Hotspur
• Football