American investment firm Cain Hoy is no longer considering making an offer to buy Tottenham.
The US company announced in a statement to the London Stock Exchange that it had "terminated" its interest in Spurs.
The statement read: "On September 12 2014, having previously approached Tottenham Hotspur with a proposal, Cain Hoy Enterprises, LLC ('Cain Hoy') confirmed that it was at the preliminary stages of assessing a cash offer for Tottenham Hotspur.
"Cain Hoy has subsequently terminated its assessment and accordingly is no longer considering making an offer for Tottenham Hotspur."
Source: PA
