The long-serving executive directed Tottenham's relocation to the Tottenham Hotspur Stadium in 2019.
US technology mogul the entrepreneur has rejected making a formal takeover bid for the North London club.
The club had before “clearly turned down” an unofficial approach from a investment group spearheaded by Brooklyn Earick last month and insisted the team was off the market.
Yet British acquisition regulations required that, after an expression of interest turned down, the group needed to make an offer by late October or state they would refrain.
Confirmation of the determination was made in a announcement made by the club to the stock exchange, indicating the club is “not in an acquisition window.”
The entrepreneur shared an image of the announcement on online platforms, remarking: “I've had a pleasure interacting with Spurs and the Lewis family's representatives over the past few months.
“I have high regard for the organization, its leadership, and its followers, and wish them only the best.”
Tottenham's directors thanked the group for its “constructive approach” in negotiations and for “respecting the definitive view” of the owners that the team is unavailable.
The entrepreneur is a former DJ who also was employed in space technology for Nasa before establishing the innovation company, which specializes in technology, entertainment, sports and entertainment.
His approach was the third expression of interest turned down by the club's board since the unexpected exit of top executive Levy in the fall.
On 8 September, the organization declined proposals from former Newcastle United shareholder the financier's PCP International and a syndicate headed by Kennedy and Wing-Fai Ng through Firehawk Holdings Limited.
Levy and his household control about thirty percent of Enic Sports & Developments Holdings Ltd – which has an nearly 87 percent interest in Spurs.
The executive was the the league's longest-serving chairman and is reported to have earned more than £50m during his long tenure in the capacity.
But he was also the subject of ongoing dissent by Spurs fans, especially last campaign as Premier League performances were below expectations.
The north London club claimed their first trophy in 17 years when they defeated the Red Devils in May's European final.
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