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Owners’ stance clear amid reports of £4.5b Tottenham takeover bid

Originally posted on To The Lane And Back
By Shrishh Attavar | Last updated Sep 26, 2025 10:53 AM ET

Tottenham Hotspur find themselves back in the spotlight for reasons beyond the pitch. Reports of a takeover bid from a US consortium led by Brooklyn Earick have circulated, yet ENIC, the club’s majority owners, insist their stance remains unchanged. Spurs are not for sale, they say, and for now, that clarity might be exactly what the club needs.

That is as per Football London, who state that despite the £4.5B takeover bid from Earick, the Lilywhites remain steadfast in their stance and maintain that the club is not for sale. This season already carries the feeling of a reset in north London. With Thomas Frank appointed head coach and Daniel Levy stepping down after 24 years as executive chairman, Spurs have entered a new chapter.

The Lewis family, through Tavistock, have moved to take a more visible role in directing the club’s future, with Vivienne and Charles Lewis attending recent fixtures and shaping long-term planning. Change has already arrived, and Frank’s project is only just beginning to take root. Vinai Venkatesham is also fresh in his role as CEO of the better club in North London, so there’s obviously that sense of change behind the scenes.

NOT FOR SALE!

Frank inherits a squad with potential but also expectation. Spurs supporters want progress, but they also know how fragile a rebuild can be if distractions dominate. He is tasked with imposing a clear style, refreshing the squad, and managing the pressure of Champions League football, all while knitting together a team identity that has sometimes gone missing in recent years. For that reason, rumours of ownership upheaval, no matter how lucrative the numbers sound, risk unsettling the momentum before it truly builds.

What matters most is that Spurs continue to build on the foundations laid last year. Ange Postecoglou’s Europa League triumph gave the club its first taste of silverware in over a decade and restored belief that Tottenham can compete on the European stage. That winning spirit cannot be allowed to fade amid boardroom speculation.

Frank’s task is to keep that hunger alive, to channel the energy from Seville into the Premier League and beyond. The squad has shown it can rise to the occasion; now they must learn to do so consistently.

The takeover talk will continue in the background, but the priority should be progress on the pitch. Spurs have the chance to grow into a side that challenges regularly, not occasionally. To do that, stability is worth more than any headline figure.

This article first appeared on To The Lane And Back and was syndicated with permission.

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