Tottenham's stadium(Image: PA Archive/PA Images)

A consortium led by American tech entrepreneur Brooklyn Earick will no longer make a bid for Tottenham.

An expression of interest by Earick's consortium, which was reportedly ready to launch a £4.5billion takeover bid, was "unequivocally rejected" by ENIC, which is run by the Lewis family Trust, on September 26.

On Monday, it was confirmed via the London Stock Exchange that Earick had pulled out of the running, which was welcomed by the Lewis family Trust, who again reiterated a long-term commitment to Spurs. This news follows Asia-based consortium Firehawk Holdings Limited also ruling out a bid.

"The Board of Tottenham Hotspur Limited (the "club") notes the recent announcements from the Firehawk and Mr Earick's consortiums that they do not intend to make an offer for the club," a statement on London Stock Exchange read.

"The Board thanks them for the constructive approach taken in the discussions with the club's and the Lewis family's representatives and respecting the clear position of the Lewis family that the club is not for sale.

"Following the announcements made by the consortiums, the...