"ENIC Sports & Developments Holdings Ltd - which has an almost 87% stake in Tottenham - said it wanted to "reconfirm that Tottenham Hotspur is not for sale and ENIC is not looking to sell its stake in the club". Earick has fuelled speculation by posting an image of the dressing room at the Tottenham Hotspur Stadium on social media, including a timer counting down the 27 days to 24 October."
"UK takeover and merger rules dictate that, having had an expression of interest rejected, Earick's consortium must make an offer by that date or announce he is not intending to do so. Earick is a former DJ who also worked in spacecraft research for NASA before founding Redacted RnD, which focuses on technology, media sport and entertainment."
"The family of UK businessman Joe Lewis own the majority of ENIC, while about 30% is held by Levy and his family. A source close to the Lewis family also reiterated that the club is not for sale and said "this unsolicited and unnecessary interest does nothing to change the family's resolve and commitment to do whatever it takes to drive success on the pitch"."
ENIC Sports & Developments Holdings Ltd, which holds almost 87% of Tottenham, has unequivocally rejected an informal expression of interest from a consortium led by Brooklyn Earick and reconfirmed the club is not for sale. Earick posted a dressing-room image with a 27-day countdown to 24 October, triggering UK takeover rules that require an offer or a formal withdrawal by that date. The family of Joe Lewis retain majority control while about 30% is held by Daniel Levy and his family. ENIC sources reiterated commitment to on-pitch success. The club previously rejected two other approaches on 8 September.
Read at www.bbc.com
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