According to The Sun 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.
It is also claimed that Earick and Co have lined up a naming rights deal for Tottenham Hotspur Stadium, something that Levy was never able to achieve since a stunning venue was opened in 2019. 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. Efforts to reach an agreement have been stepped up in the wake of Levy’s departure. The figures being mooted may be of interest to Tottenham’s current board as they are significantly higher than the £2.6bn ($3.5bn) valuation that was drawn up by respected business magazine Forbes.
A counter report is, however, stating that Spurs are not for sale. Football.London claims to 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.
In early September, it was claimed that an Asian consortium led by Dr Roger Kennedy and Wing-Fai Ng, through Firehawk Holdings Limited, had expressed interest in purchasing Spurs in the wake of Levy’s departure. Amanda Staveley, who has previously been involved with Newcastle, and PCP International Finance Ltd also saw an approach mooted.
ENIC announced at the time that they had “received and unequivocally rejected separate preliminary expressions of interest to acquire their entire stake in the club.” They went on to say: “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.”
CEO Vinai Venkatesham reiterated that stance when saying: “There’s been a lot of newspaper articles and a lot of media speculation around a takeover, so I can be really clear on this. So the Lewis family are really clear. They see their involvement in Tottenham Hotspur being long-term and they see their involvement continuing through the generations. We made a statement very late last night and a statement I hope was unambiguously clear that Tottenham Hotspur is not for sale.” Spurs are currently sat third in the Premier League table, through five fixtures in the 2025-26 season, have opened their Champions League campaign and are through to the fourth round of the Carabao Cup.
