Spurs for sale? Tottenham subject of world-record £4.5bn takeover bid

Tottenham Hotspur are reportedly the subject of a world-record £4.5 billion ($6bn) takeover bid, with the interested consortium being fronted by former DJ and NASA employee Brooklyn Earick

According to report, Earick is said to form part of a 12-person group that are prepared to table a historic bid for the Premier League outfit. However, it’s still unclear if Tottenham are actually for sale.

The Sun reports that Earick and his partners are ready to pay £3.3bn ($4.4bn) for Tottenham – allowing them to seize complete control from current owners ENIC and the Lewis family. Long-serving executive chairman Daniel Levy stepped down from his role in September after almost 25 years as the public face of Spurs.

A stunning proposal is now said to have been put to those calling the shots at Tottenham, with The Sun reporting on how the total takeover package will include a £1.2bn ($1.6bn) “player budget”.

That will be put aside for transfer fees, wager and agent payments – allowing head coach Thomas Frank to dip into the January market.

If said deal were to be completed, then it would top the £4.25bn ($5.7bn) that the Todd Boehly-led consortium paid for Chelsea in 2022.

Earick is said to have got help raising the funds required to acquire an elite English top-flight outfit – and the current holders of the Europa League crown – from investors that are already involved with sporting institutions across NFL and NBA franchises. They have drawn up a “Tottenham 3.0” blueprint that intends to make the club even more competitive at home and abroad.

Reports also claim Earick and Co have lined up a naming rights deal for Tottenham Hotspur Stadium.

A general view inside Tottenham Hotspur Stadium. (Photo by Harry Murphy – Danehouse/Getty Images)

That agreement could be worth around £250m ($334m). A source told The Sun: “Brooklyn and his team think everything is in place at Tottenham already. Spurs has a world class stadium and training ground, the infrastructure is all in place. But with the investment they are ready to make, it will be the final step to turn the club into winners on the pitch as well.”

Earick is understood to have held talks with those behind the scenes at Spurs several months ago.

While no official response has been issued, a counter report from Football.London claim Spurs are not for sale.

The report claim they have been informed by their own sources that the Lewis family – who run Tavistock, the company behind ENIC – have no intention of parting with the Premier League outfit. There is said to be no formal offer on the table at present for them to consider.