Elon Musk wants to buy Liverpool FC: Confirmed! Musk Sr confirms son’s interest in Reds takeover – but fears FSG will hike the price.
Liverpool football club logo on t-shirt.
Credit: Shutterstock, Milosz Kubiak
Bizarre news in the world of football. In a crazy twist of events that has some football fans buzzing, Elon Musk’s father has recently confirmed that the Tesla billionaire is keen to add Liverpool FC to his impressive asset portfolio. Yes, that’s right. Musk could be investing in the purchase of Liverpool from FSG. However, there’s a great big major ‘but’ in the way – Musk’s father is worried that the club’s current owners, Fenway Sports Group (FSG), could raise the price of the Reds if the billionaire makes a move.
What’s going on with Elon Musk and Liverpool FC?
In an exclusive interview with Times Radio, Errol Musk revealed that his son, worth around €394.4 billion ($424.6bn, or £340 billion), has expressed serious interest in buying the iconic Merseyside club. But there’s one big worry- FSG may be tempted to inflate the price tag for the richest man on the planet.
Errol Musk reiterated that ‘just because he’s interested doesn’t mean he’s buying it (yet)’.
Musk senior went on to explain the personal connection to the city of Liverpool to Times Radio listeners. “His grandmother was born in Liverpool, and we have relatives in Liverpool, and we were fortunate to know quite a few of the Beatles because they grew up with some of my family. So, we are attached to Liverpool, you know,” he added, clearly proud of the family’s roots.
The bigger picture: Elon Musk, Liverpool FC, and FSG
Musk’s potential bid to take control of Liverpool is more than just a case of a billionaire flexing his financial muscles – it’s part of a larger trend in football where deep pockets are a prerequisite for success. FSG, who took over Liverpool in 2010 from George Gillett and Tom Hicks, have overseen a period of growth that has seen the club rise to the top of world football.
Under FSG’s stewardship, Liverpool has become one of the most valuable clubs globally, with a reported valuation of around €4.97 billion ($5.4bn, or £4.3bn). But even that may seem like pocket change when compared to Musk’s €394.4 billion fortune- a figure that’s 80 times greater than the club’s entire worth.
If Musk were to make an offer, FSG would likely have to think long and hard about whether they could turn down such an enormous windfall.
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