U.S. Consortium Launches Record £4.5 Billion Takeover Bid for Tottenham Hotspur

September 26, 2025 - Exclusive report by Martin Lipton of The Sun: A U.S. consortium has launched a record-breaking £4.5 billion takeover bid for Tottenham Hotspur.

The Sun has learned that tech entrepreneur Brooklyn Ehrlich is leading a 12-member team behind this staggering takeover offer.

Ehrlich and his partners have offered £3.3 billion to acquire the entire club from its owners, ENIC and the Lewis family.

Additionally, the proposed new owners are prepared to allocate an extra £1.2 billion as a "player budget," covering wages, fees, and agent costs, which will be made available to Thomas Frank starting from the January transfer window.

The total value of the deal would exceed the £4.25 billion record set by the consortium led by Todd Boehly in 2022 for the acquisition of Chelsea, making it the largest takeover of a football club in history.

The 41-year-old Ehrlich has assembled a consortium including NFL and NBA investors to support his vision for the North London club.

His "Tottenham 3.0" blueprint envisions massive investment in the squad, transforming Spurs from a team with title aspirations into genuine contenders.

He has also secured a £250 million stadium naming rights deal—something Daniel Levy had failed to achieve in the six years since the new stadium opened in 2019.

A source close to Ehrlich told The Sun: "Brooklyn and his team believe Tottenham Hotspur has all the pieces in place.

Spurs have a world-class stadium and training ground, and the infrastructure is already there. But given the investment they are prepared to make, this would be the final step to turn the club into winners on the pitch as well."

It is understood that Ehrlich initiated preliminary discussions with senior figures at Tottenham, including former chairman Daniel Levy, several months ago.

Negotiations have accelerated over the past three weeks since Levy's departure. Football insiders believe the ousted executive was a stumbling block to a sale, as he wanted to remain at the helm even if a deal went through.

Since Levy was forced out, ENIC and the Lewis family, including siblings Vivienne and Charlie, have insisted they have no intention of selling the club and are committed to achieving success under their leadership.

However, this offer represents a 27% premium over the club's £2.6 billion valuation by the renowned business magazine Forbes.