The Asia-based consortium of investors led by Firehawk Holdings Limited have confirmed that they will not bidding for a takeover of Tottenham Hotspur.

Early last month Spurs announced that they had “received, and unequivocally rejected, separate preliminary expressions of interest in relation to proposals to acquire the entire issued, and to be issued, share capital of ENIC from PCP International Finance Limited and a consortium of investors led by Dr Roger Kennedy and Wing-Fai Ng through Firehawk Holdings Limited”.

Takeover rules meant that both interested parties then had until 5pm on October 5 to either lodge a firm intention to make a bid or announced that they would not be doing so.

PCP soon confirmed that they would not be following up with a bid and on Friday, the Asia-based consortium led by Firehawk did the same.

An announcement through the London Stock Exchange stated: “Further to the announcement made by the board of Tottenham Hotspur Limited on 7 September 2025, the consortium of investors led by Firehawk Holdings Limited confirms that it is not intending to make an offer for the club.”

That now leaves only an informal expression of interest from a consortium headed up by Brooklyn Earick looking to takeover the club in a £4.5bn deal.