Overview
- Firehawk Holdings disclosed via the London Stock Exchange that it is not intending to make an offer for Tottenham Hotspur.
- Club and ENIC statements reiterate the team is not for sale, and the Rothschild advisory mandate has been mutually ended.
- A US group fronted by Brooklyn Earick was reported to have proposed a £4.5bn package, which Spurs said was unequivocally rejected.
- Dan Gilbert’s Rock Entertainment Group said it reviewed a major UK sports opportunity and elected not to pursue it, a blow to the reported Earick consortium.
- An LSE filing shows Andrew Ashcroft now holds 3.4% of Spurs, which a finance adviser said likely reflects a family share transfer rather than new capital, while sources indicate ENIC would only entertain offers valuing the club around £4.5bn or a suitable minority investment.