The consortium has joined PCP International Finance in declaring they won't follow up on their initial interest in buying Spurs.
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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."
In contrast, Brooklyn Earick's group remains in the mix amid reports they will put £4.5bn towards buying the club and investing in the squad.
However, Tottenham's owners have insisted they have no interest in selling.