A US consortium led by entrepreneur Brooklyn Earick will not make a formal takeover bid for Tottenham.

An informal expression of interest by Earick’s consortium last month was “unequivocally rejected” by Tottenham last month, the club’s hierarchy insisting it is not for sale.

Having had an expression of interest rejected, Earick’s consortium was required to either make an offer or confirm it would not do so by October 24.

Tottenham confirmed to the London Stock Exchange that the club is “no longer in an offer period” on Monday.

In a post on X (formerly Twitter) featuring an image of the statement, Earick wrote: “It’s been a privilege engaging with Tottenham Hotspur and the Lewis family’s representatives over the past few months.

“I have great respect for the club, its leadership, and its supporters, and wish them nothing but success.”

Tottenham’s board thanked Earick’s consortium for a “constructive approach” to negotiations and for “respecting the clear position” of ownership regarding its desire not to sell the club.

The expression of interest from Earick’s consortium followed approaches from former Newcastle United shareholder Amanda Staveley’s PCP International Finance Limited and a consortium led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.

Those enquiries came in the wake of the departure of Daniel Levy as executive chairman in September. 

Levy had been in position since 2001, making him the longest-serving chairman in the Premier League.

Though no longer the club’s chairman, Levy and his family own roughly 30 percent of Enic Sports & Developments Holdings Ltd, which holds a 86.58% stake in Tottenham.