The decision comes after a statement from the club's board on September 26, 2025, regarding an informal expression of interest in acquiring the team.

In a statement on the London Stock Exchange, Earick confirmed that he will not make a formal offer to buy the club.

The statement read: "Further to the announcement made by the Board of Tottenham Hotspur Limited on 26 September 2025 regarding an informal expression of interest in relation to a proposal to acquire the entire issued, and to be issued, share capital of the company, Mr Brooklyn Earick confirms that he does not intend to make a firm offer for the company."

Earick and his group had reportedly planned to offer £4.5 billion for the club, with £3.3 billion going to the current owners and £1.2 billion for team strengthening.